Overview of Emissions Management Solution
The Aspen Plus Biochemical Process Modeling solution offers a comprehensive approach to tracking carbon emissions, energy use, taxes, and offsets in the refining and olefins industries. With a focus on guiding enterprises towards reducing CO2 emissions while maintaining profitability, this innovative tool enables executives, operational leaders, and technical workers to collaboratively monitor greenhouse gas emissions, identify key areas for improvement, and prioritize actions to meet net zero commitments. By utilizing this solution, companies can reduce their greenhouse gas emissions by up to 25%, improve planning effectiveness to find the optimal balance between margin and emissions, and report transparently for both financial and regulatory purposes.
Benefits and Features
One of the key benefits of the Aspen Plus Biochemical Process Modeling solution is its ability to provide consistent emissions data and models to empower informed decision-making across all levels of the organization. By consolidating data into a dynamic visual environment, the tool supports executives in visualizing enterprise emissions in real-time, identifying areas for improvement, and prioritizing actions to manage and abate carbon emissions effectively. Moreover, companies can employ a decision support solution to reduce CO2 emissions without negatively impacting profits, ensuring that they can meet aggressive abatement targets while maintaining operational efficiency.
Key Business Processes Supported
The Aspen Plus Biochemical Process Modeling solution supports key business processes to reduce emissions, including accurate tracking and management of emissions, reduction strategies using Advanced Process Control (APC) and Dynamic Optimization, and utilities optimization to minimize energy use and carbon emissions. By offering online and offline digital twins, the tool enables companies to plan effectively to balance CO2 emissions and profitability, ensuring that operations are optimized to minimize environmental impact while maintaining financial goals.
Empowering Sustainability and Profitability Goals
In the race towards achieving net zero emissions, energy and chemical companies can leverage the Aspen Plus Biochemical Process Modeling solution to make better and faster decisions to reduce emissions. By incorporating AspenTech Operational Insights™, companies can benefit from a proven decision support capability that unites, correlates, and analyzes data to provide actionable insights for emissions management. Through this innovative solution, industry leaders are equipped to navigate the complex landscape of emissions reduction while optimizing production targets and maintaining profitability.