Digitalization of data, analytics and workflows are compressing the time required to make accurate decisions and implement them. Visual MESA Multi-Period Optimizer (VM-MPO) is a high-fidelity analytics technology that brings together data, first principles and multi-period constraints in a purpose-built mixed integer optimization to continually ensure that the right decisions are made about which generation assets to start up, shut down and where to deploy energy at lowest economic cost.
VM-MPO allows scheduling engineers and operators to achieve optimal operation of energy systems over various time horizons when dealing with multiple time-dependent constraints.
- Improve situational awareness
- Know optimal performance against time constraints
- Reduce assumptions by forecasting data, information and wisdom
- Decide 'What should I do now that's best for me over this financial period?'
- Reduce the implementation time through improved workflows and closed loop
VM-MPO enhances the industry's leading real-time optimization technology Visual MESA Energy Real-Time Optimizer (VM-ERTO) by adding an upper decision layer where the time-sensitive variables are optimally defined.
RELATED CASE STUDY
Operating cost reduction with day-ahead multi-period optimization
A North American district energy supplier, which provides reliable cooling and heating to 18 medical institutions, had changeable demand and variable supply costs. They needed a tool to better manage their energy assets and lower their operating costs.Read case study
Other simulation and optimization software
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Working in tandem with Petro-SIM, our rigorous refinery and petrochemical reactor models are the industry’s most trusted analytical tools for conversion unit monitoring, planning, optimization, and design and engineering studies.
Advanced process control (APC) and estimation platform is the best in class suite to rapidly design, develop, deploy, and sustain multi-variable control applications through-out the plant lifecycle. It will drive down your costs of developing and maintaining applications while giving you tools and capabilities to address challenging control problems.
Saving energy is the most reliable way to reduce operating costs and improve profitability in a volatile market. Our software tools show you how to optimize the design, revamp and operation of energy systems, ensuring optimum efficiency.
Maximus provides steady state, thermal hydraulic network models capable of handling the world’s most complex pipe networks. FloWax provides multiphase fluid dynamics with wax deposition modeling capabilities, indispensable for flow assurance and production applications.
Flaretot is a software solution designed to seamlessly carry out all aspects of flare system design, revamp and auditing. Linking directly to Petro-SIM and other process simulators, Flaretot provides a rigorous approach to the modeling of flare systems within a single, user-friendly visual environment.
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Baker Hughes, a GE company, and KBC partner to provide integrated software solutions to the oil and gas industry
Sep 19, 2017
Baker Hughes, a GE company, and KBC announce a preferred partnership that will provide a combination of process simulation, asset performance management and operational software solutions to the oil and gas industry.Read full article
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