AspenTech Pharma Suite: Revolutionizing Carbon Capture, Utilization, and Storage Innovations

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AspenTech Pharma Suite: Revolutionizing Carbon Capture, Utilization, and Storage Innovations

Accelerate Innovation for Carbon Capture, Utilization and Storage (CCUS)

AspenTech's Pharma Suite offers cutting-edge digital solutions to accelerate innovation in Carbon Capture, Utilization, and Storage (CCUS). This suite is designed to improve economics, reduce risks, and expedite the scaling and commercialization of CO2 capture technologies. By leveraging process simulation, risk analysis, and subsurface modeling tools, AspenTech enables organizations to address challenges in driving low-risk CCUS solutions at scale. This results in a 5-20% reduction in CAPEX, a 15-30% decrease in OPEX, and a 20% project time reduction. Additionally, these solutions support permit applications, decrease permitting time by 50%, aid in selecting storage locations, demonstrate permanent geological storage, and scale up CO2 to chemicals utilization technologies.

Impact Key Business Processes to Accelerate Innovation for CCUS

The AspenTech Pharma Suite focuses on key business processes crucial for accelerating innovation in CCUS. It covers Carbon Capture Design, Carbon Capture Operations, Carbon Storage, and Carbon Utilization. With tools like Aspen Plus® and Aspen HYSYS®, the suite helps maximize project economics and performance for large-scale carbon capture. Concurrent engineering solutions enhance collaboration between licensors, EPCs, and owners, providing early project visibility. Additionally, advanced process control ensures process stability and reduces energy use, while engineering models optimize carbon capture, transportation, and compression.

Carbon Storage and Utilization Advancements

AspenTech's solutions extend to carbon storage and utilization with a focus on selecting geological storage locations, supporting permit applications, and optimizing injection strategies. The suite provides advanced subsurface analytical, modeling, and simulation tools to characterize storage sites and track CO2 migration accurately. Furthermore, it accelerates the development of new technologies, driving commercialization with strong conceptual design capabilities and techno-economic evaluations. AspenTech's Pharma Suite empowers organizations to innovate, optimize, and scale carbon capture, utilization, and storage initiatives effectively.

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Enhancing Energy Management with AspenTech Pharma Suite

Introduction to AspenTech OSI Energy Management System™

AspenTech OSI Energy Management System™ is a transformative solution suite designed to balance the transport of power on the transmission grid through reliable real-time operations while facilitating renewable energy integration. The system aims to increase resilience and reliability while accelerating the clean energy transition by offering a scalable and flexible platform with a modular architecture that supports system growth and advanced renewable management. With a feature-rich solution and a global install base, this system plays a crucial role in balancing country-level bulk electric for enhanced efficiency.

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Optimizing Reliability and Maintenance Programs with AspenTech Pharma Suite

Empower Your Reliability and Maintenance Teams

AspenTech Pharma Suite offers a solution that optimizes maintenance programs for improved production and reduced overall costs by predicting and minimizing the impact of equipment downtime. This allows organizations to reduce maintenance costs by 20-30% per year and increase throughput by 1-5%. By leveraging the power of AI-driven prescriptive maintenance, businesses can enhance the precision of failure detection, extend the lead time for anticipating asset downtime events, and ultimately reduce maintenance expenses. Industrial companies worldwide are successfully implementing this scalable, user-friendly solution to drive best-in-class reliability.

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Optimizing Heat Exchangers with Aspen Exchanger Design & Rating

Comprehensive Heat Exchanger Design Solutions

Aspen Exchanger Design & Rating (EDR)™ offers a cutting-edge solution to optimize both CAPEX and OPEX by integrating heat exchangers into the larger process model with rigorous HX models and seamless data flow. This software provides a comprehensive set of rigorous HX models, allowing for accurate design and rating of heat exchangers across different disciplines. By utilizing Aspen EDR, companies can achieve the most optimal designs that balance performance and economics effectively.

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Transforming Industries Towards Sustainability with AspenTech Pharma Suite

The Importance of Decarbonization

Asset-intensive industries are significant contributors to global resources, economic growth, and employment opportunities. However, these industries are also responsible for a substantial portion of the world's greenhouse gas emissions. To address this issue and meet the ambitious emissions reduction targets set by the Paris Agreement, industrial processes must undergo decarbonization. According to a McKinsey study, industrial activity alone contributes to 28% of total global GHG emissions, highlighting the urgent need for sustainable solutions.

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Transform Manufacturing Operations with Aspen Production Execution Manager

Streamlined Implementation and Industrial Standards Compliance

AspenTech Pharma Suite offers the Aspen Production Execution Manager™, a solution designed to accelerate time-to-market by executing work orders faster, accurately, and consistently. This tool digitalizes paper-based manufacturing processes through procedural automation and electronic batch records, aligning with industrial standards such as ISA-95, ISA-88, and BPMN. By integrating with ERP systems, this platform ensures vertical integration between ERP and the shop floor, streamlining implementation with a standardized library of configurable templates to fit existing process requirements.

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