Biofuels sector Business Case
Live material and energy balance for technology licensors of biofuel processes
At project start, the licensor has to deliver the process design package to
the E&C (Engineering and Contractor), with the material and energy
balance tailored to the site conditions, feed-stocks, sizing and options of the
specific project. The simevo Process Simulation technology can be used
to create a first-principle, steady-state process model of the generic plant,
that can be configured and distributed as a “live” but restricted, read-only
material and energy balance to the E&C and to the customer.
The development effort for the solution is comparable to that of a
conventional process model, and can be reduced if an already existing
process model can be migrated; this cost is recovered once a handful of
plants have been licensed. The software license is perpetual and the fee is
charged on a number-of-seats basis; this has a cost impact lower than 1% of
each project’s E&C cost.
Improved communication and easier handling of changes to the plant options and process operating conditions.
Fewer man-days required to the technology licensor to produce the customized material and energy balance.