Dec 8 2005
Aspen Technology, Inc. has announced the launch of Aspen Energy Cost Manager, the latest in AspenTech’s comprehensive range of energy management solutions for the process industries. The new solution will enable process manufacturers to achieve significant cost and environmental benefits by helping plant sites avoid excess energy consumption in their day-to-day operations. With energy prices near record highs, Aspen Energy Cost Manager can deliver payback in less than six months.
Aspen Energy Cost Manager uses real-time operating data to identify when energy use in the plant is higher than necessary, and provides the responsible personnel with recommendations for the most favorable course of action to restore operations to a more energy efficient condition. For energy-intensive process manufacturing sites, such as a petrochemicals plant or oil refinery, customer studies show that the solution can deliver energy cost reductions of up to 5 percent.
“AspenTech has a long tradition in helping process manufacturers manage and optimize their energy consumption, using solutions for process modeling, pinch analysis, advanced process control and utilities planning and optimization,” said Blair Wheeler, Senior Vice President Marketing, AspenTech. “Aspen Energy Cost Manager is an important addition to our offering, enabling companies to proactively manage their demand-side energy costs based on a clear understanding of the financial impact of their operating decisions.”
http://www.aspentech.com/