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Big data impact: Refinery dynamics can change every day
Aug 20:
Big data is changing the way product slates and crude mixes are going to work on refinery dynamics.
8The data landscape has changed so much that a schedule can be produced on a daily or shift basis (mainly around blending and batch or semi-continuous processes) to capture changes in market demand.
8These decisions can feed into a dynamic optimization model which in turn determine optimal operating conditions for equipment using up-to-date information.
8Initial research conducted with models to predict the performance of crude distillation units reveals above par accuracy, which holds promise for significant improvements in overall margins.
Click on Reports for more
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8The data landscape has changed so much that a schedule can be produced on a daily or shift basis (mainly around blending and batch or semi-continuous processes) to capture changes in market demand.
8These decisions can feed into a dynamic optimization model which in turn determine optimal operating conditions for equipment using up-to-date information.
8Initial research conducted with models to predict the performance of crude distillation units reveals above par accuracy, which holds promise for significant improvements in overall margins.
Click on Reports for more
