PetroPlan version 7 - modelling carbon

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With the cost of carbon ever rising and increasingly stringent carbon policy, refineries need to not only address their margin competitiveness, but their carbon competitiveness in order to become a ‘refinery of the future’. To that end, PetroPlan version 7, our industry-leading refinery simulation model, now includes carbon emissions modelling and carbon price optimisation functionality. This latest enhancements open up a new world of analysis to our clients as they look to navigate the energy transition. Some of these use cases include: Measure, report and monitor site emissions. Identify the major sources of emissions for the most cost-effective way to reduce carbon footprint Evaluate multiple decarbonisation options (new technologies, reconfiguration, process optimisation, combustion fuel substitution, renewable power, low-carbon hydrogen) Optimise refinery operations (process units/crude slate) under various carbon, crude and product price scenarios

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    Petroplan Version 7 Modelling Carbon.pdf

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