Simulating an olefin plant, including steam cracker furnaces, with an Integrated Process, Energy, Emissions, and Economics Model (IP3EM) encapsulated in a single flowsheet, emerges as a potent tool for operational enhancement. Through the harmonization of these critical components, we achieve a notable reduction in energy consumption while concurrently boosting profit margins. This comprehensive approach ensures the olefin plant operates at peak efficiency, effectively minimizing environmental emissions and maximizing economic returns.
The orchestration of all these facets into one cohesive model empowers us to strike the ideal balance between sustainability and profitability, marking a significant stride toward a more efficient and environmentally responsible olefin production process.
Within this framework, the IP3EM, utilizing Petro-SIM to model the entire petrochemical olefin plant alongside the steam cracker furnace and utility system, grants invaluable insight into Scope 1 and Scope 2 emissions at both unit and utility levels.