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By Paige Marie Morse, Enterprise Director, Sustainability, AspenTech

Asset-intensive industries – such as oil, gas, and chemicals – are complex and have essential requirements for safety, reliability, and environmental stewardship. This necessitates a style of artificial intelligence (AI) – known as Industrial AI – through which industrial and scientific domain expertise combine to provide guardrails that ensure accuracy, reliability, and safety.

BCSE member AspenTech combines AI with domain expertise, including engineering first-principles, to deliver significant benefits in modeling, optimization, decision support, predictive maintenance, and more. A leading industrial software partner, AspenTech is embedding AI capabilities into its software to unlock new use cases and more value for customers.

As the energy transition continues, the role of AI in sustainability is poised to grow dramatically in the coming years. Already, AspenTech has identified opportunities for AI to improve efficiency, flexibility, reliability, and optimization across the energy system.

AspenTech’s customers are seizing these opportunities and utilizing Industrial AI to accelerate clean energy deployment in more ways than one:

• A wind farm operator improved wind production and reliability by using AI-enhanced maintenance monitoring of wind turbines. The improved maintenance program also extended the operating lifetime of the wind turbines.
• AI plays a pivotal role in energy management by optimizing energy use based on predictive models, reducing energy costs, and minimizing environmental impacts.
• AI helps electrical grid managers predict renewable energy production based on weather forecasts so they are best prepared to integrate green power into existing operations while keeping the overall system balanced.
• AI enhances process optimization and planning in the chemical industry, enabling plants to increase production yield, reduce energy consumption, and improve product quality.

Significant challenges lie ahead as the world works to navigate the energy transition and create a sustainable future for all. While there’s little doubt that technology will play a critical part in those efforts, AI – if properly applied and responsibly managed – will be an invaluable tool in making that future a reality in the decades to come.