Process Systems Enterprise Limited
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Energy: making informed decisions

Using predictive models to back capital and operating decisions

Simulation, modeling and optimization for energy

The world energy markets are entering a phase of rapid changes in many areas.

On the one hand this brings challenges to develop new technologies rapidly: next-generation nuclear power, fuel cell and photovoltaic (PV) technologies, and viable gas-to-liquid processes.

At the same time there is pressure on conventional energy producers to achieve higher efficiencies and to prepare for impending legislation for carbon capture & storage (CCS).

Dealing with these challenges requires innovation, with its associated technology risk.

Using modelling to make optimal decisions

Modelling is a key technology for supporting decision making at all levels. In particular it provides a means to accelerate new process development and manage technology risk.

PSE brings Model-based Engineering approaches that are well-established in the chemical industry and immediately applicable to energy systems at all levels.

High-fidelity predictive modelling enables:

  • Accelerated development of new technologies across a whole spectrum of application areas – gas-to-liquid, carbon capture, gasification, polysilicon production, and many more.
  • Optimisation of existing operations – energy efficiency for power generation, options for flexible operation.
  • Management of development risk. Well-establised MBE techniques reduce risk for new technologies significantly
  • Support of capital decisions. Predictive modelling techniques allow you to rank capital projects in terms of payback, justify technology decisions and design out risk.
  • Integration of technologies. Key interactions between system components – for example, the different elements of the carbon capture and storage chain – can be investigated within the safe framework of modelling.

PSE provides