AspenTech Insights
Edition #2
Dive into a collection of the latest blog posts written by AspenTech and industry experts, focusing on sustainability, technology innovations and even insights into life at AspenTech. Click "Continue Reading..." to explore the full articles available on the AspenTech Blog and expand your understanding of the topics shaping our industry.
OPTIMIZE 24 — The Future of the Energy Transition Starts Now
AspenTech President and CEO Antonio Pietri welcomed customers, partners and others to OPTIMIZE 24 with a keynote address that highlighted how the company is uniquely positioned to help customers develop and deploy the critical solutions that will enable asset intensive industries to navigate the challenges of the energy transition. Continue Reading...
OPTIMIZE 24 — The Future of the Energy Transition Starts Now
The world will face a difficult journey in decades to come as we work to provide affordable, reliable clean energy on the path to net zero, but with collaboration and innovation across asset-intensive industries, those goals are within reach. Continue Reading...
Reducing Risk and Cost of Renewable Energy and Improving Emissions Reduction Results
In the intricate landscape of process industries, energy emerges as the second-largest operating expense, trailing only that of raw materials. For most chemical and petrochemical plants, energy typically accounts for 50% of operation expenses. A change of 10% in energy cost can have a 5% impact on overall operation margins. Continue Reading...
45-8 Energy Pioneers Helium and Natural Hydrogen Exploration
Author: Aurore P. | Sr. Product Marketing Specialist, AspenTech
In this interview, Benoît Hauville , Co-founder and Managing Director of 45-8 ENERGY , tells us about helium and natural hydrogen exploration and production. He discusses the activities of 45-8 ENERGY in this domain and describes its use of AspenTech Subsurface Science & Engineering solutions. 45-8 ENERGY is a French company pioneering helium and natural hydrogen exploration and production in Europe. Continue Reading...
Balancing Energy Security and Sustainability Goals
The energy transition and sustainability are intricately connected, shaping a future that harmonizes environmental, social and economic requirements. The energy transition involves moving away from fossil fuels (such as coal, oil and natural gas) and embracing cleaner, more sustainable energy sources. This shift includes adopting renewables like solar, wind, hydro and geothermal, while also enhancing energy efficiency. Ultimately, the goal is to reduce greenhouse gas emissions, bolster energy security and establish a resilient energy system. Continue Reading...
Fostering a Culture of Inclusion
Co-Author: Alecia Edmonds | Sr. Learning and Development Manager, AspenTech
Fostering a culture of inclusion is not just a moral imperative but a strategic necessity. Successful organizations know that creating an environment where every employee feels valued, respected and empowered is essential for driving innovation, productivity and employee satisfaction.
Let’s look at what inclusion means to our Women’s Leadership Forum regional leaders and the results of a leadership program that AspenTech has developed—specifically to develop women leaders. Continue Reading...
Navigating the Energy Transition’s Data Deluge with a Next-Generation Historian
The global electric utility system is in the midst of an historic clean energy transition away from traditional fossil fuels, making the management of an unprecedented volume of new and dynamic grid asset data from varying sources imperative to maintaining grid reliability.
For decades the power grid operated as a hub-and-spoke model with large fossil fuel power plants dispatching power to consumers. This provided remarkable reliability and was hailed as the pinnacle of the 20th century’s innovations by the National Academies of Sciences, Engineering and Medicine. Continue Reading...
Navigating the Data Ecosystem: Challenges in Midstream Operations Measurements
In the ever evolving and interconnected landscape of midstream operations, one of the biggest hurdles faced by companies lies in the gathering and interpretation of measurement data scattered across various sources. From pipelines to terminals, the data journey for midstream producers is often troubled with complexities, making it challenging for decision-makers to collect actionable insights from various sources. Continue Reading...
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2moNice collection of blogs. Like the one on Energy pioneers. Helium, despite being an inert gas, has garnered an increased interest as a potential green energy source, and while it isn’t a primary energy source like solar or wind, its role in scientific research, medical technology, and cryogenics will also contribute to a more sustainable future.