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Simulation and optimization

Multi-period optimization

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.

Benefits

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

Process simulation

Petro-SIM is the leading process simulation and optimization platform for driving excellence in facility performance and organizational productivity. At the core of Petro-SIM’s technology, rigorous simulation models generate dependable results in an intelligent, user-friendly environment.

Advanced thermodynamics

Our Multiflash fluid property engine is a comprehensive PVT (pressure-volume-temperature) and physical properties package. It allows for complete modeling of the phase behavior of complex mixtures and pure substances.

Refinery simulation software

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.

Energy and utility systems

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.

Pipeline networks and flow assurance

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.

Flare systems

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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