AFX is the new Air Fin Cooler range for cooling operations in power and heavy industry, chemicals and petrochemicals as well as turbine and compressor cooling according to API 661.

Higher heat transfer with new standardized AFX range of air fin coolers

Kelvion is adding two new solutions to the Air Fin Cooler market – the AFX Alu and the AFX HDG. AFX brings Kelvion’s extensive know-how and experience from countless customized Air Fin Cooler projects to a standardized and modular design to improve heat transfer and boost efficiency.

While differing in the range of application, both products have Kelvion’s advanced tube technology at the heart, with the advantages of reduced engineering effort, delivery times and payback periods.

Unique aluminum groovy finned tubes form the core of the AFX Alu, providing a higher level of heat exchange. It has been developed for cooling applications in the oil & gas and heavy industries. With the AFX HDG, hot dip galvanized, elliptical CW tubes offer increased heat exchange at reduced fan power consumption. Robust, corrosion resistant and easy to clean, the AFX HDG is ideal for heavy industry, power, chemical and petrochemical applications.

AFX Alu

The AFX Alu builds on Kelvion’s decade-long experience of customized air fin coolers with aluminum fins. These have a successful track record within the oil & gas industry. To comply with air entrance requirements from API 661, AFX Alu is available in three different heights, 3.1 m / 10.17 ft.; 4.1 m / 13.45 ft., 5.1 m / 16.73 ft. Up to 25 modules in five bays, with five modules in line, can be connected to one cooling unit, to suit operational requirements. Each module is equipped with a forced draft fan blowing the ambient air through the tube bundle. Without mounted steel structure and motors bays of up to five modules can be transported by truck. The carbon steel or stainless-steel tubes with embedded aluminum groovy fins feature a patented shape to maximize the heat exchange surface. This geometry leads to an 8% to 15% improvement in heat transfer at constant power consumption, while providing optimal fouling resistance and cleaning capability. This model is designed for temperatures up to 130 °C (266 °F) and pressures up to 16 bar g (232 PSI). AFX Alu has been developed for the cooling of turbo machinery power generation in the fields of heavy industry and oil & gas.

AFX HDG

Up to seven modules can be combined into one cooling unit. Two different draft options and three different flow options provide flexibility to suit a range of operational requirements.

The hot dip galvanized CW tube is the culmination of 100 years of innovation in elliptical tube technology. The patented shape leads to increased heat transfer combined with a lower air side pressure drop at same air velocity. This means either reduction of operational costs through energy savings or increase of output at same level of energy consumption. This way or another a boost of efficiency is given. Ultimately the AFX HDG embraces all benefits of elliptical galvanized tubes, combined with a modular and flexible approach that leads to a competitive, efficient and reliable air-cooled heat exchanger.

InnoSenT's new edition of a classic product offers high-precision distance measurement

The radar experts at InnoSenT GmbH have developed a new system for focused distance measurement. The iSYS-6030 is the new edition of the successful iSYS-6003 filling-level radar. The product update is more economical, faster, and more accurate than its predecessor. The sensor’s features are adapted to the application of filling-level measurement and collision avoidance. The technical enhancements also extend the scope of applications.

Current filling-level always in focus

Using contactless radar detection, the product accurately detects the filling level of a manufacturing or storage container. The iSYS-6030 radar system sporadically determines the distance between the sensor and an object’s surface. Thanks to its narrow antenna orientation, the product has a focused radar beam for high-precision measurements.

The iSYS-6030 detects a wide variety of materials regardless of their properties and reflection characteristics: Whether cohesive or coarse bulk materials, fine powder, granulate, slow-flowing liquids, or viscous pastes, the system detects any of these materials precisely thanks to its 60 GHz radar technology.

Impressive in dealing with challenging measuring conditions

The new product handles the measurement of filling levels even in challenging indoor and outdoor measuring environments. Extreme temperatures, dust, fog, steam, formation of foam, vibrations, or pressure do not impede radar detection. Due to its focused field of view of 6° in azimuth and elevation, the system is also suitable for use in narrow vessels, asymmetrical special structures, or containers with internal mixing systems installed. The iSYS-6030 also provides reliable measurement results in this area by means of sporadic radar detection.

The robust technology is not susceptible to interference due to aggressive filling materials, harsh work environments, or dirt. No regular maintenance is necessary. This makes the product well-suited for use in many different sectors, such as the water, energy, construction materials, food, chemical, pharmaceutical, and environmental technology industries.

Reliable radar measurement to protect against collisions

While the predecessor product was primarily focused on determining filling levels, the iSYS-6030 boasts a further area of application: thanks to its continuous and reliable distance monitoring, the system is ideally suited for collision protection.

Thanks to technical optimisation, the new product enables faster measuring cycles. The system is booted up and ready to collect data within 90 ms. The update rate in single-target mode is only 20 ms. This enables intervals to be monitored in real time and timely warnings in the event of an impending collision.

In another application, the radar helps to initiate safety measures such as speed reduction when a predefined zone is reached. The user defines the zone individually using the distance information. The iSYS-6030 radar system provides information on when the safety distance is neared or the zone is reached.

Integrating such a system proves beneficial not only with semi-autonomous and autonomous vehicles, but also for controlling complex systems. The radar system continuously collects accurate measurement data. These are useful in maintaining minimum distances and precise positioning. At port facilities, this enables a distance between cranes, transport units, buildings, or containers to thus be determined on site with millimetre precision.

Technical highlights

The iSYS-6030 radar system operates in the frequency band from 57 to 64 GHz. The sensor is compact and equipped with a signal-processing unit and a dome-shaped radome. The radar component can thus be easily integrated into end products or customer housings. The measurement data (signal strength and distance) are provided as a target list via a UART interface. The maximum range is 40 metres.

Customers choose between two detection variants, depending on the application: single-target and multi-target mode. This way, the system measures the distance to the object surface either at a single point or at different points within the detection area. The radar distinguishes between two targets with the same radar cross-section with a resolution of 12 cm.

The low deviation rate of ±0.1% ensures outstanding precision even with increasing distance between the object and the sensor. The system can be operated in a temperature range of -40 to +85° C.

Drop-in replacement

Since the new system has the same structural design, it can directly replace the old iSYS-6003 product version and offers useful enhancements to existing customers.

‘We have made significant progress in radar development in recent years. In addition, we have learned quite a bit about our customers’ needs through the practical use of our filling-level radar. We thus decided to optimise the system’, explains Product Manager Dr Eva Buchkremer regarding the product update, and she adds:

‘Compared to its predecessor, the iSYS-6030 is more energy-efficient and accurate, longer-range and faster. We thus provide our customers with greater flexibility in using the product. We also offer more customisation options. Its technical features make the new system the ideal radar solution in industry for avoiding collisions and measuring filling levels.’

Using the user manual and the API software protocol, the customer adapts the radar detection to their intended purpose. For example, they can limit the range or use the signal strength setting as a filter. In addition, customers have the option of configuring the effective isotropic radiated power (EIRP) in 1 dBm increments, for example in order to comply with technical limits required for approval purposes.

The system also has four digitally, freely assignable and programmable outputs. These enable simple control tasks and can be used as targeted signal triggers. For easy integration and configuration of the sensor, InnoSenT also provides an evaluation kit with a GUI.

Further information on the product and the radar technology from InnoSenT can be found on the company website at www.innosent.de.

The demand for gasoline and jet fuel has taken a hit as a result of nation-wide lockdown across the US since late March 2020 due to the COVID-19 pandemic. Piling up of stocks caused challenges in the form of mounting inventory costs while storage concerns of refined products with shorter shelf life added additional strain to the diminishing profit margins. Lack of contingency plans to address these challenges has forced the US refining companies to fall back on implementing remedial actions such as reducing operational capacity and slashing capital expenditure that can see off the current depressed market situation, says GlobalData, a leading data and analytics company.

Haseeb Ahmed, Oil and Gas Analyst at GlobalData, comments: “Several refineries have reduced their operating capacities while a few others have decided to suspend operations to navigate through the current crisis. BP plc’s Whiting refinery, with a capacity of 430 mbd, has decreased its crude runs by 30% due to a sharp fall in fuel demand amidst the COVID-19 outbreak; Total SA’s 238 mbd Port Arthur III refinery  has reduced production rate to nearly 60%. Few other refineries, such as the Martines I operated by Andeavor in the US, has suspended the operations to tackle the devastating impacts caused by the virus.”

Few refiners in the US have also reduced their capex in response to the economic slowdown and adverse impacts of COVID-19. ExxonMobil Corp slashed its overall consolidated capex by US$10bn in 2020, from the initial plan of US$33bn, while Chevron Corporation has reduced by US$6bn, indicating the magnitude of the impact that the current crisis has on the region’s refinery sector.

Ahmed concludes: “Besides prioritizing capex and saving on cash to mitigate the effects of economic slowdown and lockdown, companies may look to restructure their businesses to evaluate diverse opportunies. Refiners are likely to continue analyzing the impact of  COVID-19 on their operations and investments while keeping  operational readiness for new business opportunities. However, they are expected to remain focused on key growth projects, ensuring long-term competitiveness.”

• Quotes provided by Haseeb Ahmed, Oil and Gas Analyst at GlobalData
• This press release was written using data and information sourced from proprietary databases, primary and secondary research, and in-house analysis conducted by GlobalData’s team of industry experts

About GlobalData

4,000 of the world’s largest companies, including over 70% of FTSE 100 and 60% of Fortune 100 companies, make more timely and better business decisions thanks to GlobalData’s unique data, expert analysis and innovative solutions, all in one platform. GlobalData’s mission is to help our clients decode the future to be more successful and innovative across a range of industries, including the healthcare, consumer, retail, financial, technology and professional services sectors.

Key growth drivers are recurring revenue from Eficode ROOT DevOps Platform and increasing share of international customers

Eficode, Europe’s leading DevOps company, announced that its revenue grew over 37 % in the last six months of the fiscal year ending June 30th, 2020. The total revenue in the fiscal year exceeded 30 million euros, of which more than 30% from outside Finland.

The challenging global economic situation has created a demand for DevOps culture and DevOps tools in many ways: to improve efficiency in software development and operations, or to capitalize on the business potential in the changing market conditions. The DEVOPS 2020 event organized by Eficode in April had record attendance. A significant majority of the audience participated in this online event from outside Finland, reflecting an overall shift to Eficode’s business becoming international.

During recent months, a number of customers have selected Eficode ROOT DevOps Platform, including S-Pankki and Lähitapiola in Finland, and Bankdata in Denmark. The upcoming deadline for EU Website Accessibility Directive has resulted in over 120 accessibility projects, making Eficode the largest provider of accessibility and UX research. Most recently, Oikeusrekisterikeskus (Legal Register Centre) in Finland selected Eficode to ensure accessibility to its digital services.

In March, Eficode received Atlassian’s global Partner of the Year award in DevOps - second time in a row. The close collaboration and the recognized expertise in Atlassian solutions resulted in several new customers, and expansions with existing customers, especially in Scandinavia. Eficode also became one of the first Atlassian partners in Europe to provide Jira Align, an enterprise agile solution, for its clients and is now offering help for companies around the world to scale their agile ways of working.

As a significant achievement, Eficode was recognized in Gartner’s Hype Cycle for Agile and DevOps, 2020. The Hype Cycle includes key approaches and technologies used to support a DevOps initiative.

“Despite the challenging market conditions, I am very pleased with the strong revenue growth and growth of our international business,” said Ilari Nurmi, CEO at Eficode. “As we grow, we continue to deliver the benefits of DevOps culture and tools more widely: gaining confidence in software development, improving cost-effectiveness in development and operations, and delivering more competitive software. I want to extend my gratitude to all Eficode employees for their dedication and perseverance and to customers for their trust and support.”

About Eficode

Eficode is the leading DevOps company in Europe, driving the DevOps movement and building the future of software development across seven countries with more than 300 professionals in DevOps, and sustainable software development. Our managed service, Eficode ROOT DevOps platform, provides centralized access control and real-time visibility of project status, quality, and performance, integrating over 40 of your preferred tools such as Atlassian stack, and open source systems like Jenkins and Kubernetes. For more information, visit https://www.eficode.com/

This pre-programmed movement of the valve on loss of power or communications means our customers retain important control over their operations during a power outage or Emergency Shut-Down (ESD). This is the first time that the IQT3 has been offered with a shutdown battery option in an explosionproof design. A lithium-ion battery supplies the potentially vital backup power from within the actuator enclosure. The integral battery pack provides a compact, explosionproof shutdown solution.

In the event of mains power loss, the Shutdown Battery can continue to function automatically to a site configurable end of travel safe position, providing fail-to-position functionality on critical valves. The failure mode can change depending on customer requirements. This fail-to-position can be fail-closed, open, stayput or go-to-a-per-cent position, depending on what fail-to-position action is needed to ensure the process fails to a safe operating state. This means the process finishes in a safe operating state, preventing any safety issues and avoiding monetary consequences due to loss of control. With the Shutdown Battery there is no need for additional back-up systems, such as compressors, to provide this functionality.

The IQT Shutdown Battery also features an Uninterruptible Power Supply (UPS) mode. This ensures that there is continued control and operation of the actuator on loss of mains power until the battery charge has run out. Operations can continue as normal while the battery charge lasts, mitigating the risk of deferred or lost revenue due to power outages.

A new integral battery option provides fail-to-position functionality in explosionproof applications

Solar-powered installations are increasingly required for remote installations, such as pipeline pump stations. Here, the IQT Shutdown Battery mitigates fluctuating solar power and eliminates the need for expensive external batteries.

The IQT Shutdown Battery is ideally suited to unmanned applications which require further fail-safe functionality when power is lost; it is appropriate for applications on PSD/ESD valves such as well heads, line breaks and high/low pressure scenarios. Programmable logic allows for a delay before the fail operation occurs. Local battery power at the actuator offers further operational flexibility unavailable with ‘hair-trigger’ spring-based ESD systems. If power or communications systems temporarily drop out through unreliable power supplies, operation can continue; this maintains crucial operation time and prevents costly restarts.

The IQT Shutdown Battery is ideal for control valves, blow down valves and control process applications which must be shut down in a phased or staged sequence. It is also perfectly suited for the transfer of crude oil and valves at often unmanned natural gas custody transfer stations, where valves should ‘fail-to-divert’ process fluid back to the storage tanks on loss of power. The Shutdown Battery can also be used as a compact alternative to spring-return fail-safe actuators.

The new models are able to provide the same functionality as the existing IQT3 range. Applications with many valve functions, such as tank farms, will benefit from the commonality of the IQT3 Shutdown Battery with other IQ and Rotork actuators, as an integrated change control network with common user-interfaces and diagnostics. This interchangeability also reduces training and commissioning time. Ingress protection and hazardous area classification to ATEX, ICEx, CSA and CSAus from IQT actuators is maintained, providing increased flexibility and reliability. Partial stroking, site configurable speed setting, a non-intrusive IP68 double sealed enclosure and Bluetooth® Communications remain. They are capable of up to 1,200 starts per hour and are fully compatible with all networks.

CarbonChain, a UK government backed software as a service company that helps companies automate the accounting of the carbon emissions in their supply chain, has secured investment from the prestigious San Francisco based venture capital fund, Y Combinator.

Established in 2017, CarbonChain has a mission to make ‘supply chains green’. The company’s products enable companies in some of the most polluting industries, such as oil & gas, mining, agriculture, and logistics, to measure and reduce greenhouse gas emissions

A distinguished product of the London Business School’s Institute of Innovation and Entrepreneurship’s Incubator programme, CarbonChain was co-founded by Adam Hearne (LBS MBA 2015; CEO of CarbonChain), and Roheet Shah (LBS MBA 2015; COO of CarbonChain) along with Imperial College computer scientists Yury Oparin (CTO of CarbonChain) and Jeremiah Smith, Ph.D (CPO of CarbonChain). Together, the team possess deep expertise across a wide spectrum of commodities industries, supply chain management, and software development.

Both acknowledge the support of LBS in the rapid success of CarbonChain, and that Y Combinator’ investment is now another important milestone for the company. With an acceptance rate below two per cent, Y Combinator's accelerator programme has been described as "harder to get into than Harvard" by Business Insider. Notable companies that have gone through Y Combinator include AirBnB, Dropbox, and Stripe.  Y Combinator has created a new model for funding early stage start-ups and twice a year invests money in start-ups.

CarbonChain is an accredited solutions provider of the Carbon Disclosure Project, and a proud member of ResponsibleSteel™, a not-for-profit organisation which is the steel industry’s first global multi-stakeholder standard and certification programme. The UK government’s innovation arm, InnovateUK, has supported CarbonChain in developing its technology via £460,000 in grant funding.

Companies work with CarbonChain to automate the accounting of their supply chain carbon emissions to: access cheaper, greener financing; avoid financial penalties, and track internal sustainability KPIs.

“Disruption and 'supply shock' is coming for companies that do not factor in the rising price of carbon. The price of carbon is going from the global average of $2/ton right now to the anticipated $100/ton in 2030,” says Shah. “This is where CarbonChain comes in. Our accounting platform can extract data from standard supply chain documents, and generate a comprehensive carbon emissions report for the end-to-end supply chain.”

The CarbonChain founders discovered the need for supply chain carbon emissions accounting in oil & gas and mining while working for BCG and Rio Tinto. CarbonChain has built models for every single asset in the supply chain for these primary industries, creating digital twins of every piece of equipment used in heavy industry. If CarbonChain is unable to obtain the information about the equipment from the companies that use its services, they then go to the engineering firms that built the equipment or facility for the company.

“Transparent supply chains are the hallmark of sustainable businesses, and the objective of CarbonChain is to assist corporations and governments alike to take a proactive step in carbon reporting so they can work together and make large scale reductions in CO2 emissions year after year,” says Hearne.

About London Business School

London Business School's vision is to have a profound impact on the way the world does business and the way business impacts the world. The School is consistently ranked among the best business schools globally* and is widely acknowledged as a centre for outstanding research.

As well as its highly ranked degree programmes, the School offers award-winning Executive Education programmes* to business leaders from around the world.

London Business School has campuses in London and Dubai, and a presence in three additional international cities – New York, Hong Kong and Shanghai. The School equips its diverse student body with the tools needed to tackle today’s business challenges and connects them with many of the world’s leading thinkers.

The School has more than 44,000 alumni working in over 155 countries. Together, they are a community defined by a wealth of knowledge, business experience and worldwide networking opportunities.

London Business School’s 174 faculty members come from over 30 countries. They cover seven subject areas: accounting, economics, finance, management science and operations, marketing, organisational behaviour, and strategy and entrepreneurship. 

www.london.edu

*The Financial Times (FT) has named London Business School the top European business school for the fifth consecutive year in 2018; its Executive Education programmes ranked in the top four overall by the FT in 2018. London Business School was awarded the 2013 EFMD Excellence in Practice Award for its 10-year partnership with Danone.

Greg Gumbs is to be appointed as the new President and CEO of Bosch Rexroth North America

► Paul Cooke retires after 38 years with Bosch Rexroth  

Paul Cooke, President and CEO of Bosch Rexroth North America, based in Charlotte, NC, USA, will retire on December 31, 2020 after 38 years of distinguished service in various international positions within Bosch Rexroth.

His successor as of December 1, 2020 will be Greg Gumbs, most recently Vice President & General Manager Electrical Automation Solutions at EATON Corporation. Greg will join Bosch Rexroth effective September 1, 2020 in preparation for his future responsibility and will be based at Bosch Rexroth North American headquarters in Charlotte, NC.

After completing his degree in electrical engineering, Greg started his professional career in 1997 as an application engineer in the Global Technical Service Group of Rockwell Automation, Inc. He later held various drive systems engineering, sales, marketing, services and management positions within Rockwell before taking over as Director Commercial Sales Support and Market Development. 

In 2007, Greg joined the EATON Corporation Industrial Sector as Vice President Sales Americas for Hydraulics Business. In 2013, he became General Manager for the Hydraulic Hose and Fittings Business. In 2015, he moved to EATON Electrical Sector as Vice President & General Manager of EATON Electrical Automation Solutions. 

“Bosch Rexroth is an amazing organization with a bright future given the strong foundation of technology leadership and customer focus. I am honored to join the Bosch family and looking forward to leading this talented team forward in close partnership with our channel partners,” said Greg.

In addtion to an electrical engineering degree from DeVry University, Greg obtained his MBA with a focus on Leadership and Global Business Management from Weatherhead School of Management at Case Western Reserve University.

About Bosch Rexroth:
As one of the world’s leading suppliers of drive and control technologies, Bosch Rexroth ensures efficient, powerful and safe movement in machines and systems of any size. The company bundles global application experience in the market segments of Mobile Applications, Machinery Applications and Engineering, and Factory Automation. With its intelligent components, customized system solutions and services, Bosch Rexroth is creating the necessary environment for fully connected applications. Bosch Rexroth offers its customers hydraulics, electric drive and control technology, gear technology and linear motion and assembly technology, including software and interfaces to the Internet of Things. With locations in over 80 countries, roughly 31,000 associates generated sales revenue of roughly 6.2 billion euros ($7.3 billion) in 2019. 

To learn more, please visit www.boschrexroth-us.com. 

About Bosch:
The Bosch Group is a leading global supplier of technology and services. It employs roughly 400,000 associates worldwide (as of December 31, 2019). The company generated sales of 77.7 billion euros ($84 billion) in 2019. Its operations are divided into four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. As a leading IoT provider, Bosch offers innovative solutions for smart homes, Industry 4.0, and connected mobility. Bosch is pursuing a vision of mobility that is sustainable, safe, and exciting. It uses its expertise in sensor technology, software, and services, as well as its own IoT cloud, to offer its customers connected, cross-domain solutions from a single source. The Bosch Group’s strategic objective is to facilitate connected living with products and solutions that either contain artificial intelligence (AI) or have been developed or manufactured with its help. Bosch improves quality of life worldwide with products and services that are innovative and spark enthusiasm. In short, Bosch creates technology that is “Invented for life.” The Bosch Group comprises Robert Bosch GmbH and its roughly 440 subsidiary and regional companies in 60 countries. Including sales and service partners, Bosch’s global manufacturing, engineering, and sales network covers nearly every country in the world. The basis for the company’s future growth is its innovative strength. Bosch employs some 72,600 associates in research and development at 126 locations across the globe, as well as roughly 30,000 software engineers. 

Additional information is available online at www.bosch.com

AEG Power Solutions, a global provider of power supply systems and solutions for industrial, critical infrastructure environments and innovative power electronic applications, has just announced that Convert SC Flex storage converters were chosen by INFOWARE Zrt. as a core component of the micro-grid system that the company will implement in Békéscsaba, Hungary. The systems were sold through EXTOR, AEG Power Solutions long-time partner in the country.

The smart-grid project of Békéscsaba is part of the “Modern Cities” program of Hungary. The objective is to supply all energy needs of the urban sport center area, which includes today a general-purpose sports hall, a fencing sports hall and parking lots and will be extended further with a second multifunctional sports hall and a competition swimming pool. Geothermal power plants are also part of the project. The sports facilities of the city will then be powered by green energy sources.

• Békéscsaba SG1 is Hungary’s first city-owned smart grid project
• Convert SC Flex storage converters chosen again for its off-grid features, Protect PV inverters are also part of the solar plant

INFOWARE will implement the full microgrid. The power will be provided by a 1.3 MWp photovoltaic power plant. The DC voltage produced by the solar cells is connected to the grid via 2 AEG Protect PV 880 inverters at a rated power of 650 kVA each.

The time and quantity differences between the weather-dependent production and the consumption of sports facilities are compensated by a lithium-ion battery energy storage system rated at 1.2 MW power and a capacity of 2.4 MWh. The energy storage system is based on lithium-ion battery modules of 7.61 kWh each, installed in a fire protection rack system.

The batteries are connected to the grid through two Convert SC Flex converters with a power rating of 600 kVA each. AEG PS Convert SC Flex features include grid fault detection and islanding as well as resynchronization once the supply is provided by the public grid again.  In the event of any grid failure, the systems switch seamlessly to off-grid operation and supply electricity directly from the solar power plant and energy storage to the sports facilities. Convert SC flex systems make this possible by performing the necessary local network stability tasks. The facilities can continue to operate even in the event of a grid power outage, preventing potential emergency problems.  When grid supply is available again, the microgrid is automatically reconnected thanks to the resynchronization process.

INFOWARE is also providing real-time energy management (EMS) and control system which performs local and remote-control tasks as well as

the local smart grid center which collects data further used by the “brain” of the microgrid system allowing to minimize the cost of energy used and optimize the whole installation.

The Békéscsaba SG1 smart grid project will be implemented by the end of 2020.

“We could be part of this project thanks to our partner in Hungary, EXTOR. It is a great opportunity to further prove on the field Convert SC Flex unique off-grid features, explains Andreas Becker, Head of Grid & Storage inside AEG Power Solutions.”

About AEG Power Solutions

AEG Power Solutions ensures continuous power availability and the safe operation of critical applications thanks to with a wide portfolio of power supply systems and services: AC and DC UPS, battery chargers, rectifier systems, service and maintenance on 24/7 basis, as well as fully customized UPS systems to customer specifications.
AEG Power Solutions has developed a distinctive expertise and world-class engineering capacities that bridge both AC and DC power technologies and span conventional and renewable energy platforms. AEG Power Solutions has decades of experience with UPS and power electronics, and grid integration, and is leveraging its conversion expertise to engineer and deliver solutions for energy storage applications.

AEG Power Solutions is the sole subsidiary of the holding company 3W Power.

For more information, visit www.aegps.com.

Australia granted a ‘Major Project’ status to Sun Cable’s US$15.8bn proposed Australian-ASEAN Power Link (AAPL) that could mark Australia as the leading exporter of power generation from solar PV. The venture highlights a 4,500km high voltage direct current (HVDC) transmission framework, connecting a 10GW solar and 30GWh storage facility near Darwin, Australia, with Singapore. The power link will enable Australia to manage the solar power intermittency in the grid and help Singapore to improve the  share of renewable energy in the generation mix from a mere 4.0% at present, to about 20% by 2027, says GlobalData, a leading data and analytics company. 

Ankit Mathur, Practice Head of Power at GlobalData, comments: “The global solar atlas reflects that the southeast Asian region features a low specific yield ranging between approximately 1300-1400kWh/kWp, whereas sunniest places in Australia have a specific yield of over 1700 kWh/kWp. Consequently, Australia has the ingredients that could make it one of the world’s largest generator and exporter of solar energy. This venture, in line with the nation’s renewable energy export approach, would be a new milestone of energy symbiosis within the countries in the Asia-Pacific (APAC) and Oceania corridor.” 

GlobalData estimates that Australia will witness exponential growth in the solar PV capacity by the end of 2030 with an impressive CAGR of 11.3% and more than tripling the solar PV capacity from 13GW to 40GW. By the end of 2027, Sun Cable predicts the AAPL to export around AU$2bn (US$1.44bn) of solar energy per year to Singapore, connecting Australia into the ASEAN Power Grid. 

Mathur concludes: “Apart from showcasing Australia’s solar PV strength to the world and fortifying its energy storage segment, the project is predicted to create significant employment opportunities. During construction itself, the project is estimated to create 1500 construction  jobs. 

“A comparative idea had been in the development phase, initially in the form of the Asian Renewable Energy Hub. It was initially planned to construct a subsea cable to supply Indonesia with green power generated at massive 15GW solar and wind farms situated in Pilbara, Australia. However, due to cost overruns, the idea wasn’t pursued. The AAPL project too is clouded with technical and economic challenges, however, if it becomes a success, then this could be a game changer for the oceanic country and power landscape in the region.” 

• Comments provided by Ankit Mathur, Practice Head of Power at GlobalData
• This press release is written using data and information sourced from proprietary databases, primary and secondary research, and in-house analysis conducted by GlobalData’s team of industry experts 

About GlobalData

4,000 of the world’s largest companies, including over 70% of FTSE 100 and 60% of Fortune 100 companies, make more timely and better business decisions thanks to GlobalData’s unique data, expert analysis and innovative solutions, all in one platform. GlobalData’s mission is to help our clients decode the future to be more successful and innovative across a range of industries, including the healthcare, consumer, retail, financial, technology and professional services sectors.

The agreement covers digital twin cloud-based services for the global portfolio of assets and capital projects within the Anglo-Dutch energy and petrochemical company’s upstream, integrated gas, downstream and manufacturing business lines.

Shell has now signed an enterprise agreement with Kongsberg Digital for digital twin software to be deployed across its assets and capital projects.

The Kognitwin® Energy Software-as-a-Service (“SaaS”) solution will provide integration, visualization and analytics capabilities to Shell assets globally. The solution will be supplied through Kongsberg Digital’s cloud-native Kognitwin® Energy dynamic digital twin service platform, which will integrate and contextualize real-time sensor data, historical data, engineering information and other transactional business data across a variety of data sources, enabling Shell to improve work processes and optimize facility performance through digitalization. When adopted, the solution will provide Shell with the ability to access its portfolio assets from anywhere, expanding the scope of remote operations.

“Shell is a frontrunner when it comes to the development and adoption of cutting-edge technologies for the energy industry, and now they are looking to increase operational optimization and value creation through broad and deep digitalization of their asset portfolio. They are a perfect partner for Kongsberg Digital, where we proudly invest in deep industrial solutions that turn digital value creation into reality. We are delighted to have this opportunity and confident that our approach, which combines deep industry domain and digital expertise with hybrid analytics, will be of great benefit to Shell”, said Hege Skryseth, President of Kongsberg Digital.

Leading up to the award, Shell ran a competitive tender process that consisted of several stages of competitive down-select steps. The final step of the evaluation was a competitive Proof-of-Concept, where Kongsberg Digital’s solution emerged as the leading solution.

Yuri Sebregts, Chief Technical Officer Shell said, “Our collaboration with Kongsberg Digital in developing digital twins brings in a new era of visually interacting with data and models at the asset, equipment and component level. Digital twins drive efficiency by enabling remote operations, automation and significantly improved collaboration. It supports our front-line operations to better leverage insights from big data, transforming ways of working to unlock value and increase resilience in the changing business environment”.

In October 2019, Shell Norway and Kongsberg Digital entered a digitalization partnership to operationalize an advanced dynamic digital twin of the Nyhamna onshore gas plant facility. The solution has been in service since January 2020 and is continuously evolving through new product releases.

The companies have already started ramping up deployment-related activities in 2020.

About Kongsberg Digital

Kongsberg Digital is a provider of next-generation software and digital solutions to customers within maritime, oil and gas, and renewables and utilities. The company consists of more than 500 software experts with leading competence within the internet of things, smart data, artificial intelligence, maritime simulation, automation and autonomous operations. Kongsberg Digital is the group-wide center of digital expertise for KONGSBERG.

www.kongsberg.com/digital/products/oil-and-gas/

www.kongsberg.com