Economic Analysis
An engineering module for economic evaluation of process alternatives – linking equipment and operating costs to engineering model results
- Capital expenditure
- Preliminary estimation of equipment and associated project costs based on equipment scope, dimensions and calculated design parameters
- Operating expenditure
- Estimation of feedstock, energy and utility expenses using material and heat balances and specified prices
- Comparison of alternatives
- Comparison of CAPEX, OPEX, cash flows and sensitivity to input assumptions when selecting a technology or evaluating a retrofit
Software for comparable engineering tasks
- Aspen Process Economic AnalyzerAspenTech / Emerson
- Cleopatra EnterpriseCleopatra Enterprise