Aveva Interview with Rosa Urdaneta and Patxi Sarasola at CGHE in Madrid 2024

Summary

In this interview at Connecting Green Hydrogen Europe, Aveva representatives discuss the company's focus on the green hydrogen market. They highlight the importance of digital continuity and collaboration across the value chain, from design to operations. Aveva's software solutions aim to optimize the levelized cost of hydrogen (LCOH), a key metric in the industry. The discussion covers the company's experience in established markets like oil and gas and power generation, and how they apply lessons learned to the emerging hydrogen sector. The interview also touches on the technical aspects of their software, which supports design, simulation, and operational efficiency, crucial for managing the intermittency of renewable energy sources in hydrogen production.

Takeaways

• 🌿 Aveva is an industrial software company focused on the green hydrogen market, viewing it as a holistic sector from the entire value chain.
• 🔄 The company emphasizes the importance of data sharing and collaboration across the hydrogen industry's value chain, from conceptual design to operations and maintenance.
• 📈 Aveva's solutions aim to facilitate the digital transmission of information throughout the value chain, enhancing the efficiency of plant operations.
• 🏗️ With a legacy spanning over five decades, Aveva brings the concept of digital continuity to the hydrogen market, ensuring information is usable throughout an asset's lifecycle.
• 🛠️ Aveva's software solutions support various stages of hydrogen plant development, from engineering and design to operations optimization.
• 🔋 The company offers tools to help manage the intermittency of renewable energy sources, which is crucial for the cost-effective production of green hydrogen.
• 🌐 Aveva's next-generation simulation platform allows for steady-state, hydraulics, and dynamic simulations, crucial for designing and optimizing hydrogen production processes.
• 🔬 The software provides transparency into mathematical correlations, enabling customization and the integration of emerging technologies into hydrogen production.
• 💡 Aveva's tools can connect with other engineering and operations data, facilitating the development of a digital twin from the earliest stages of a project.
• 💼 Being wholly owned by Schneider Electric, Aveva can provide a single-vendor experience, potentially speeding up project development and execution.

Q & A

What is the main focus of Aveva's industrial software?

Aveva's industrial software is very focused on the green hydrogen market, which is strategic for the company's future.

Why does Aveva consider the green hydrogen market holistically?

Aveva views the green hydrogen market holistically because historically, many actors in the value chain have worked in silos with separated information and data. There is a demand for data sharing and collaboration across the entire value chain, from conceptual design to operations and maintenance.

What is the concept of 'digital continuity' that Aveva emphasizes?

Digital continuity refers to ensuring that information generated can be exploited later in the life cycle of an asset. Aveva strives to provide solutions that allow value extraction throughout the entire life cycle, from engineering to operations and maintenance.

How does Aveva's software contribute to the hydrogen industry?

Aveva's software enables actors in the hydrogen value chain to better design and build plants, optimize the levelized cost of hydrogen (LCOH), and manage the intermittency of power supply from renewables.

What types of customers does Aveva serve in the hydrogen market?

Aveva serves a varied set of customers including EPC firms, engineering firms, OEMs, manufacturers of electrolysers, and owner-operators.

How does Aveva's software help in managing the intermittency of renewable power supply?

Aveva's software provides calculation and simulation tools that can represent the intermittency of power supply and help determine the best installed capacity for electrolysers, storage needs, and other factors to minimize the levelized cost of hydrogen.

What is the significance of the next-generation simulation platform offered by Aveva?

Aveva's next-generation simulation platform allows for steady-state, hydraulics, and dynamic simulations, which are crucial for representing power intermittency and validating control strategies for hydrogen production.

How does Aveva's software provide transparency and flexibility for users?

Aveva's software is transparent, allowing users to see the mathematical correlations involved in calculations, and it offers flexibility for scenario analysis and customization to incorporate emerging technologies.

What is the benefit of Aveva's software in terms of project execution?

Aveva's software helps make projects more agile by allowing information to be transferred along different engineering phases, facilitating a more efficient execution of engineering projects.

How does Aveva's ownership by Schneider Electric benefit its customers?

Being wholly owned by Schneider Electric allows Aveva to provide a single vendor experience, which helps projects develop faster by having a single point of contact for all discussions and needs.