Addressing Challenges to Drive Low-Risk CCUS Solutions at Scale
The Aspen Plus Biochemical Process Modeling solution is designed to address the challenges in Carbon Capture, Utilization, and Storage (CCUS) by leveraging leading digital solutions for process simulation, risk and reliability analysis, optioneering, and subsurface analytical modeling and simulation. The goal is to ensure economics and safety across the carbon capture value chain, reducing CAPEX by 5-20% and OPEX by 15-30%. Furthermore, this solution can shorten project time by 20%, support permit applications, and cut permitting time by 50%. By providing tools to select storage locations and reduce injection risk while demonstrating permanent geological storage, Aspen Plus Biochemical Process Modeling enables organizations to scale up CO2 to chemicals utilization technologies.
Impact Key Business Processes to Accelerate Innovation for CCUS
The AspenTech solution focuses on key areas like carbon capture design, carbon capture operations, carbon storage, and carbon utilization, allowing organizations to maximize project economics and performance for large-scale carbon capture. By utilizing Aspen Plus® and Aspen HYSYS®, technical and economic analysis can be conducted through rigorous modeling of complex chemistry and thermodynamics. The Concurrent Engineering solution facilitates collaboration between licensors, EPCs, and owners, providing early project visibility across multiple dimensions. This streamlined workflow enables the creation of state-of-the-art process simulation, ensuring feasibility and timely delivery of capital projects in the carbon capture space.
Accelerating Results in Carbon Storage Studies
For carbon storage studies, the Aspen Plus Biochemical Process Modeling solution offers integrated and automated approaches that accelerate results. By using subsurface technologies to characterize, screen, and select storage sites, organizations can optimize injection strategies and leverage multi-survey structural and stratigraphic interpretation. This allows for accurate tracking of CO2 migration in the subsurface, supporting storage development planning and ensuring confidence in low-risk, long-term storage solutions.
Driving Commercialization and Scaling in Carbon Utilization
To accelerate the development of new technologies and optimize process designs for commercialization and scaling, Aspen Plus Biochemical Process Modeling provides strong capabilities for conceptual design and techno-economic evaluation. This enables organizations to make processes feasible with a low carbon footprint. Concurrent engineering plays a crucial role in optimizing projects as new plants and facilities are planned, ensuring efficient and sustainable carbon utilization strategies are implemented.