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Distributed energy resources (DERs) pose challenges and opportunities for utilities. Power quality and voltage issues, for instance, can threaten grid reliability and damage transformers, capacitors and other infrastructure. DERs also benefit utilities by leveraging customer investments to achieve sustainability goals, reduce peak demand and avoid the need for expensive grid upgrades.

Refiners and chemical manufacturers continue to struggle with margin leakage due to gaps between planning and operations. Innovations in modelling and optimization technology now enable you to coordinate and optimize multiple process units in real time to ensure the best site-wide economic benefits—and do it on a consistent, minute-by-minute basis.

Pharmaceutical companies, CDMOs and CMOs face growing pressures to deliver more products at a lower cost while ensuring the quality and security of supply. Advanced PAT technologies address these challenges by increasing saleable product through more consistent quality, higher yields and greater throughput. In addition, digitalization advances such as extensive connectivity, increased and elastic computing power, and advanced analytics have all continued to strengthen the accessibility and power of PAT to accelerate market growth.

Digital solutions are the key strategic tool for organizations navigating sustainable technology and accelerating project delivery. With the increasing investments into sustainability, companies need to innovate and transform their business strategies to make these initiatives viable and profitable. One area of importance is carbon capture, which is quickly becoming a proven solution to reduce emissions worldwide.

Sustainability is imperative for companies to remain profitable and relevant in the evolving marketplace. Many companies are incorporating sustainability targets into their business goals and renewing their commitments through this extreme market volatility. With the help of technology, a focus on becoming more sustainable can offer companies opportunities to gain higher returns and drive new levels of optimization.

Interested in learning how digital solutions support end-to-end gas exploration and production to meet the increased demand for natural gas? Watch AspenTech’s Subsurface Science & Engineering experts discuss how you can optimize operations across your assets’ lifecycle to offset threats of sustainability and energy security.

You’ve heard of Prescriptive Maintenance (RxM), but how can you leverage it to drive real value in your organization? In this on-demand webinar, AspenTech’s Ryan Conger demonstrates how data-driven insights from AI and machine learning mitigate maintenance issues and improve productivity. Through a series of case studies, Ryan shows how Prescriptive Maintenance is being used to:

As sustainability remains an industry imperative, it’s essential you make progress with both your near- and long-term sustainability targets.

Carbon capture utilization and storage (CCUS) is an essential pathway to meet net zero emissions targets. However, for capital-intensive industries to reach these commitments, it’s critical that companies have confidence in the efficient, widespread deployment of carbon capture projects worldwide.

By emphasising resource efficiencies, the energy transition, and achieving decarbonisation initiatives, AspenTech is bringing its lessons to the world.