Conduct Strategic Decisions for Plant and Sustainability Projects with Aspen Fidelis

This course is being exclusively offered as part of AspenTech's OPTIMIZE conference. You may register for this training at a discounted rate bundled with the conference at https://www.optimize2024.com

Use Aspen Fidelis to quantify future plant performance, identify which planned and unplanned events limit plant performance the most, and compare the benefits and costs of different improvement options to make informed decisions on capital asset management. Learn how to apply Aspen Fidelis to assess the potential value of new sustainability projects.

Audience:

Process / Project Engineers working on Capital or Sustainability Projects

Reliability Engineers focused on Design for Reliability

Training Details

  • Course Id:

    AFR024

  • Duration:

    1 day(s)

  • CEUs Awarded:

    0.7

  • Level:

    Introductory

Benefits

Gain the practical skills and knowledge to begin modeling new and existing processes in Aspen Fidelis

Use Aspen Fidelis to assess Green Hydrogen system benefits and costs during the design phase

Make informed plant design decisions based on Aspen Fidelis simulation results

Approach

  • Clear guidance on fundamental topics
  • Industry workflows
  • Hands-on workshops
  • Experienced instructor-guided demonstrations
  • Q&A on student-specific problems

Pre-requisites

None

Subsequent Courses

Agenda

Introduction to Aspen Fidelis

Overview of Fidelis Functionalities

-Model inputs and outputs 

-Understand the modelling approach

-Explain how Fidelis simulation runs are performed

How to Interpret Outputs from a Fidelis run

-Navigate through the results from the Simulation Environment pane

-Understand histograms, probability curves, and pareto charts generated by a model

Workshop # 1: Interpret Fidelis Results (H2 Production, Revenue, Levelized Cost of H2)

Navigate the Aspen Fidelis User Interface 

-Simulation Environment

-Model Data Environment

Workshop # 2: Import Asset Register and Build a Green Hydrogen Model

Customize your Fidelis Model to Incorporate your Unique Business Logic

-Overview of Fidelis Integration with Visual Studio Tools for Applications (VSTA)

-Understand how custom logic is executed during a simulation

-Explain which elements from a model are available in VS Interface

-Write an example of custom logic

Workshop # 3: Custom Coding (Financial KPIs, Performance Degradation)

Perform What-If Analysis to Help Drive Decisions

-Modify model inputs 

-Compare results from multiple runs

-Understand options to automate multiple runs

Register for a Class

Date Class Type Location Price Language

Aspen Technology, Inc. awards Continuing Education Units (CEUs) for training classes conducted by our organization. One CEU is granted for every 10 hours of class participation.