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AspenProcessEconAnalyzerV9 0 Usr
AspenProcessEconAnalyzerV9 0 Usr
AspenProcessEconAnalyzerV9 0 Usr
Users Guide
Version Number: V9
May 2016
Copyright (c) 2000-2016 by Aspen Technology, Inc. All rights reserved.
Aspen Process Economic Analyzer, Aspen Capital Cost Estimator, Aspen In-Plant Cost Estimator, the aspen leaf
logo, Plantelligence and Enterprise Optimization are trademarks or registered trademarks of Aspen Technology,
Inc., Bedford, MA.
All other brand and product names are trademarks or registered trademarks of their respective companies.
This document is intended as a guide to using AspenTech's software. This documentation contains AspenTech
proprietary and confidential information and may not be disclosed, used, or copied without the prior consent of
AspenTech or as set forth in the applicable license agreement. Users are solely responsible for the proper use of
the software and the application of the results obtained.
Although AspenTech has tested the software and reviewed the documentation, the sole warranty for the software
may be found in the applicable license agreement between AspenTech and the user. ASPENTECH MAKES NO
WARRANTY OR REPRESENTATION, EITHER EXPRESSED OR IMPLIED, WITH RESPECT TO THIS DOCUMENTATION,
ITS QUALITY, PERFORMANCE, MERCHANTABILITY, OR FITNESS FOR A PARTICULAR PURPOSE.
1 Introduction .........................................................................................................7
Main Features .................................................................................................. 7
Understanding Aspen Process Economic Analyzers Project Workflow ...................... 9
The Guide ..................................................................................................... 11
Related Documentation ................................................................................... 12
Technical Support .......................................................................................... 12
Contents iii
Specifying Additional Components .................................................................. 163
Working with Process Flow Diagrams .............................................................. 164
iv Contents
Configuration of Air Utility Project Components ................................................ 344
Design Considerations .................................................................................. 348
Interactive Specs ......................................................................................... 354
Design Methods ........................................................................................... 360
Sample AUM_Air Worksheets ......................................................................... 362
Index ..................................................................................................................487
Contents v
vi Contents
1 Introduction
Aspen Process Economic Analyzer, formerly known as Icarus Process Evaluator (IPE),
is designed to automate the preparation of detailed designs, estimates, investment
analysis and schedules from minimum scope definition, whether from process
simulation results or sized equipment lists. It lets you evaluate the financial viability of
process design concepts in minutes, so that you can get early, detailed answers to the
important questions of "How much?", "How long?" and, most importantly, "Why?".
Main Features
Links to Process Simulator Software
Programs
Aspen Process Economic Analyzer, formerly known as Aspen Icarus Process Evaluator,
uses expert system links to effect the automatic transfer of your process simulator
output results. Links are available to process simulator programs from AspenTech,
Chemstations, Hyprotech, SimSci and others. Aspen Process Economic Analyzer can
link to virtually any commercial and proprietary process simulator program.
Sizing of Equipment
Size of equipment is a prerequisite to costing and the results of size calculations
performed during process simulation are loaded automatically by Aspen Process
Economic Analyzer. With Aspen Process Economic Analyzer, you can revise sizes, enter
your values for unsized equipment or develop sizes using Aspen Process Economic
Analyzers built-in expert sizing programs.
1 Introduction 7
Capital Investment and Schedules:
Engineer-Procure-Construct
Aspen Process Economic Analyzer checks and prepares all of the necessary
specifications for detailed design, estimation, scheduling, and economic data. Aspen
Process Economic Analyzer contains built-in, up-to-date knowledge bases of:
Design, cost and scheduling data, methods and models.
Engineering, procurement and construction methods and procedures.
Critical path programming for development of design, procure and construct
schedules.
Aspen Process Economic Analyzer comes with time-proven, field-tested,
industry-standard design and cost modeling and scheduling methods used by project
evaluators for projects worldwide. Aspen Process Economic Analyzers detailed results
are not based on factors. Aspen Process Economic Analyzers estimates and schedules
are consistent, being derived from your project scope definition.
8 1 Introduction
and opportunities upon changing costs of feedstocks, products and/or utilities for each
period in the life of a project.
1 Introduction 9
Notes:
This workflow is recommended if you are bringing process simulator data
into Aspen Process Economic Analyzer. However, Aspen Process Economic
10 1 Introduction
Analyzer lets you perform the same evaluation on a process comprised of
areas and components that you add in Aspen Process Economic Analyzer,
rather than mapped from simulator models.
During the project workflow, you can go back to previous steps to refine
the project.
The Guide
Organization
This guide contains the following:
Chapter 1 Introduction an overview of Aspen Process Economic Analyzer and the
user's guide, as well as a list of related documentation and information on technical
support.
Chapter 2 Getting Started instructions on how to start Aspen Process Economic
Analyzer, open a project, enter project specifications, and work with the Icarus
Interface.
Chapter 3 Defining the Project Basis instructions on defining specifications: units
of measure, standard basis, component map, design criteria, investment analysis, raw
material, product, operating unit costs, and utility.
Chapter 4 Loading and Mapping Simulation Data instructions on preparing
different kinds of simulator reports for use in Aspen Process Economic Analyzer,
loading simulator data, mapping simulator models to Icarus project components,
adding additional components to simulator models, and viewing and defining simulator
models in Block Flow Diagram (BFD) and Process Flow Diagram (PFD) view.
Chapter 5 Defining Project Components instructions on defining project
components, which are the pieces of the process plant that, when linked together,
complete a process.
Chapter 6 Sizing Project Components instructions on sizing project components.
Chapter 7 Piping and Instrumentation Models instructions on connection pipelines
between components and creating piping line list reports for connected lines.
Chapter 8 Developing and Using Cost Libraries instructions on developing cost
libraries and adding library items as project components.
Chapter 9 Changing Plant Capacity and Location instructions on modifying plant
capacity and locations, as well as details on the parameters affected by these
modifications.
Chapter 10 - Analyzer Utility Modules instructions on using Analyzer Utility Modules
for cooling water and air.
Chapter 11 - Evaluating the Project instructions on running a project and item
evaluations and reviewing capital costs, operating costs, and investment analysis
reports.
1 Introduction 11
Related Documentation
In addition to this document, a number of other documents are provided to help users
learn and use Aspen Process Economic Analyzer. The documentation set consists of
the following:
Installation Notes
Aspen Engineering Suite V9 Installation Guide
Icarus Reference
Aspen Icarus Reference Guide, for Icarus Evaluation Engine (IEE)
Technical Support
Online Technical Support Center
AspenTech customers with a valid license and software maintenance agreement can
register to access the Online Technical Support Center at:
https://support.aspentech.com
HTU UTH
12 1 Introduction
Registered users can also subscribe to our Technical Support
e-Bulletins. These e-Bulletins proactively alert you to important technical support
information such as:
Technical advisories
Product updates
Service Pack announcements
Product release announcements
1 Introduction 13
14 1 Introduction
2 Getting Started
2 Getting Started 15
You can change the position of these windows, as explained later in Customizing the
Icarus Interface (page 38). X
Note: You can create scenarios in project directories other than the default
one provided by Aspen Process Economic Analyzer. See Preferences
Locations on page 53 for instructions on adding project directories.
X X
16 2 Getting Started
This is the name of the scenario within the project. As with the Project Name, long
filenames are accepted, including spaces, while punctuation marks, such as question
marks (?), exclamation points (!), tildes (~), and asterisks (*) are not allowed.
If you do not enter a Scenario Name, Aspen Process Economic Analyzer uses
BaseCase as the default.
4 Click OK.
The Project Properties dialog box appears.
6 In the Units of Measure section, you can keep the default basis of
Inch-Pound (IP) or select Metric. The Units of Measure selection cannot
be changed after creating the project scenario.
7 If desired, enter more details about the project scenario in the Remarks
field. Remarks can be up to 6,000 characters in length and can be
comprised of letters, numbers, and punctuation. Remarks can be edited
later by accessing Project Properties from the Project Basis view (see
Project Properties, page 58).
X X
8 Click OK.
Aspen Process Economic Analyzer displays the Input Units of Measure
Specifications dialog box, which lets you customize the units of measure that appear
on specification forms.
2 Getting Started 17
For example, if you want to use CM/H (centimeters per hour) instead of M/H (meters
per hour) to specify conveyor belt speed in your metric-basis project, do the following:
9 Select Velocity and Flow Rate; then click Modify.
10 On the Velocity and Flow Rate Units form, enter CM/H as the new unit
name for M/H. Then enter the conversion factor between the two units in
the Conversion field. In this example, the conversion factor between the
two units is 100 because:
100 CM/H = 1 M/H.
11 Click OK to accept the modifications and return to the previous dialog box.
When finished modifying input units of measure, click Close.
Aspen Process Economic Analyzer displays the General Project Data form, where
you can select a country base and currency.
18 2 Getting Started
The default country base is US and the default currency is Dollars (USD). Changing
the country base automatically changes the currency to that of the country base. You
can, however, enter a currency different than that of the country base. Just be sure to
also enter a currency conversion rate (the number of currency units per one country
base currency unit).
Country base affects various system default values. Chapter 36 of Icarus Reference
provides a table listing the default values used for each country base.
This is the only time you can enter country base and currency. Other specifications on
this form can be entered later by selecting General Project Data in the Project Basis
view (see page 58).
X X
2 Getting Started 19
On the File menu, click New.
-or-
Note: You can create scenarios in project directories other than the default
one provided by Aspen In-Plant Cost Estimator. See Preferences
Locations on page 53 for instructions.
X X
20 2 Getting Started
The Select Import Type dialog box appears.
5 Select either Aspen Process Economic Analyzer 5.0 and 5.1 or Analyzer
2.0B; then click OK.
The Browse for Folder dialog box appears.
2 Getting Started 21
The Import Project dialog box appears. By default, the Browse button
is selected.
The Project Location drop-down list contains the default location, as well
as alternate project directories specified by selecting Tools | Options |
Preferences.
22 2 Getting Started
3 Click the Browse button to navigate to the desired .izp file.
2 Getting Started 23
Opening an Existing Project
Scenario
To open an existing project scenario:
1 Do one of the following:
On the File menu, click Open.
-or-
24 2 Getting Started
The Open Existing Project dialog box appears.
The tree structure on the left side of the dialog box displays the projects in the default
project folder:
...\AspenTech\Economic Evaluation V9.0\Data\Archives_Aspen Process Economic
Analyzer
Clicking + next to a project expands the view to display the scenarios under that
project.
2 Click a scenario; then click OK.
The project scenario opens. The Main Window now displays Project Explorer and the
List view. See Understanding the Icarus Interface on page 27 for instructions on
X X
working with these and other features now available on the interface.
Palette Shortcut
You can also open a project from the Palette, which appears to the right of the Main
Window in the default interface arrangement (it can also be floated in the Main
Window or dragged onto the Main Window and re-sized, as shown below).
2 Getting Started 25
This opens the selected scenario.
26 2 Getting Started
2 Click File | New.
3 On the Create New Project dialog box that appears, specify the project
and scenario name.
4 Click the Template button on the right of the dialog box.
The Import Template dialog box appears showing all available templates.
5 Click the template you want to import; then click OK.
The Project Properties dialog box appears, on which you can continue to enter
information for the new project.
Main Window - Provides workspace for all Aspen Process Economic Analyzer
documents, List view, specification forms, and other views. See page 29.
X X
2 Getting Started 27
Project Explorer - Organizes project items in tree format. See page 28. X X
Palette - Provides access to libraries, projects, and components. See page 33. X X
Project Explorer
Project Explorer is a graphical representation of the project. It has three views:
Project Basis view
Process view
Project view
Each view organizes items in a tree format.
To switch views:
Click the appropriate tab at the bottom of Project Explorer. (Stretching the
width of the Project Explorer will display the full names on the tabs.)
The different views are described on page 28.
X X
2 Specifications folder
3 Specification
Process View displays simulator data information. In this view, simulator items can
be mapped to Icarus project components. Mapped items can then be sized, modified,
and/or deleted.
Level Icon Description
28 2 Getting Started
Project View displays project data information. In this view, mapped items can be
sized, modified, and/or deleted. In addition, new areas and Icarus project components
can be defined.
Level Icon Description
Main Window
The Main Window is located to the right of Project Explorer by default. The Main
Window is a workspace for all Aspen Process Economic Analyzer documents, the List
view, and other views. The relative size of each window can be adjusted by clicking on
the division bar and dragging it to the desired location.
Here, the Main Window in Workbook mode displays several tabs because a
component specifications form and a project specifications form have been opened.
Workbook Mode
By default, the Main Window is in Workbook mode. In this mode, tabs are placed at
the bottom of the window. These tabs represent all windows open in the Main
Window. Clicking on a tab brings the associated window to the foreground.
Clicking Tile or Cascade on the Window menu displays all windows open in the Main
Window. Regardless of the window arrangement, the tabs are still at the bottom of the
2 Getting Started 29
Main Window when in Workbook mode. Clicking the maximize button ( ) on a
window returns all windows to full tab view. Clicking the condense button ( ) on the
menu bar displays all windows open in the Main Window as they were when last
condensed.
This is how the Main Window appears when in Workbook Mode with Cascade
selected as the condensed window arrangement.
Aspen Process Economic Analyzer lets float Project Explorer, the Palette, and the
Properties Window in the Main window. When in this state, these windows behave
identically to other windows that are part of the Main Window. See Customizing the
Icarus Interface on page 38 for details.
X X
You can turn off Workbook Mode by unmarking Workbook Mode on the View menu.
30 2 Getting Started
When Workbook Mode is off, no tabs are displayed. In this Mode, to bring a window
to the front, you must click the desired window or select the desired window from the
Window menu.
List View
The List view in the Main Window displays details on items selected in Project
Explorer. For example, when you click an area in Project Explorers Project view, the
List view displays a list of all components in the area. This is referred to as the
area-level list (shown below), in which the components are displayed in rows with
component details in columns. When you click a component in Project Explorers
Project view, the List provides information only on the selected component, with
component details listed in rows. This is referred to as the component-level.
Note: In the interface arrangement pictured here, the Palette and the
Properties Window have been hidden to make room for the Main Window.
to press
hide or display the Palette ALT+1
hide or display the Properties Window ALT+2
hide or display Project Explorer ALT+0
Filtering Mechanism
You can limit area-level lists to a single category of component.
2 Getting Started 31
For example, if you click ? Incomplete Items, the list will only include components
that still have specifications that need to be entered in order for the component to be
included in an evaluation.
Column Settings
You can select which columns appear on the area-level list and in which order.
32 2 Getting Started
The Settings dialog box appears.
To move a column to the right on the List view, click Move Down.
To move a column to the left, click Move Up.
To return the columns to the default setting (shown above), click Reset.
4 Click OK to save the settings.
When you restart Aspen Process Economic Analyzer, all columns will be displayed in
the default order unless Save Window States is selected in Preferences (by default,
Save Window States is selected). See Saving Window States on page 39 for more
X39
information.
Palette
The Palette contains elements that you can apply to the project scenario. If you think
of Project Explorer as a picture of the project scenario, you might think of the Palettes
contents as the pigments and dyes used to first sketch out and then color in that
picture.
For example, if you want to import areas or components from another scenario into
your current scenario, you can double-click the scenario in the Palette to get a listing
of its areas and components and then drag the area/component to the Project
Explorers Project View. (See Importing Areas and Components on 195.)
2 Getting Started 33
Likewise, the Palettes Libraries view contains libraries of Project Basis specification
files that, in Project Explorers Project Basis view, you can select to use. From the
Palette, you can develop the libraries by creating new files, modifying existing files,
and importing files. (See Specification Libraries on page 121.)
X X
34 2 Getting Started
Finally, when you add a component to the project scenario, you can choose from the
components listed in the Palettes Components view. Then, after you add the
component, it appears in Project Explorers Project view. (See Adding a Project
Component on page 174).
X X
2 Getting Started 35
In the default interface arrangement, the Palette appears on the right side of the
screen. Like Project Explorer, it can be displayed in a variety of ways. See
Customizing the Icarus Interface (page 38) for display options. To hide/display the
X X
Palette, press ALT+1 or used the checked command on the View menu.
As indicated previously, the Palette has four views: Projects, Libraries,
Components, and Templates. The Components view, shown below, has a scrollable
split window that displays details on equipment items. The division bar can be
adjusted to hide or expand the details section.
Note: The Palette pictured in this section has been dragged onto the Main
Window and re-sized.
In addition to allowing you to import the contents of other scenarios, the Projects view
provides options for opening scenarios, viewing scenario properties, and deleting
scenarios. Right-click a project scenario to access the pop-up menu of options. The
Projects view displays all projects in the default project folder and any other active
project folders. (See Preferences, particularly the Locations subsection on page 53,X X
for instructions.)
36 2 Getting Started
Properties Window
When you select a field on a specifications form, the Properties Window provides a
description of the field. The description often includes minimum, maximum, and
default values.
Here, the Properties Window (docked on the right side of the screen) displays
information on the Heat Transfer Area field, which is selected on the specifications
form.
Clicking on the Properties Window freezes and unfreezes the content. When the
content is frozen, you can move to another field while retaining the description of the
original field in the Properties Window.
2 Getting Started 37
Like the Palette and Project Explorer, the Properties Window can be displayed in a
variety of ways. See Customizing the Icarus Interface on page 38 for display
X X
options.
To hide/display the Properties Window, press ALT+2 or use the checked command on
the View menu.
Templates Tab
Use the Templates tab to access templates. Shown below are the ten templates
included in Aspen Process Economic Analyzer. If you had created custom templates,
they would appear on this list.
38 2 Getting Started
Clicking on a border of any of these three windows accesses a pop-up menu from
which you can select Allow Docking. When Allow Docking is marked, the window can
be docked to any edge.
Note: When the Float In Main window is selected on the pop-up menu, the
Allow Docking option is inactive.
When multiple windows are docked to the same edge, you can use the division bar to
adjust the relative sizes. You can also use the Contract/Expand ( / ) buttons to
either switch from one window to the other or split the side.
2 Getting Started 39
You can also set the Preferences so that Aspen Process Economic Analyzer opens
displaying the default arrangement. See Preferences, particularly the subsection on
the General tab view (page 51), for more information.
X X
40 2 Getting Started
The following toolbar buttons are available in Aspen Process Economic Analyzer:
Click to
this
Save the current project. See Saving a Project Scenario on page 47. X X
Print.
Load Capital Costs and other reports. See page 397 for instructions. X X
Zoom in. Active in PFD and Block Flow Diagram (BFD) view.
Other buttons that appear on the toolbar are always inactive in Aspen Process
Economic Analyzer. They are for use in other Icarus programs.
2 Getting Started 41
Aspen Process Economic Analyzer Menu Bar
File Menu
Click to
this
Save As Save the current project scenario as a different file. Details on page 47. X X
42 2 Getting Started
Run Menu
Click this to
Load Data Load simulator data. See page 133 for details.
X X
Map Items Map simulator items to Icarus project components and size
components. See page 142 for details.
X X
Project
Develop This sub-menu contains commands for use in Aspen In-Plant Cost
Schedule Estimator only.
Scan for Scan for potential errors in the project evaluation.
Errors
Decision Accesses options for changing plant capacity and location.
Analyzer
Utility Model Specify a utility.
Map Stream Map a stream to lines.
to Lines
Regenerate Regenerate the Block Flow Diagram. If you have indicated that some
Block of the simulator streams are utility streams, the placement of blocks
Diagram will reflect this.
Regenerate Regenerate the Process Flow Diagram. See Working with Process
Process Flow Flow Diagrams, page 164, for details.
X X
Diagram
Reroute All Reroute all streams on the Process Flow Diagram.
Streams
Re-number Re-number project components or project areas so that the
numbering contains no gaps. Details on page 200. X X
2 Getting Started 43
View Menu
Click this to
Toolbar View or hide the toolbar. See page 40 for description of the toolbar.
X X
Status Bar View or hide the status bar. See page 27 for description of the status
X X
bar.
Project View or hide Project Explorer. See page 28 for description of Project
X X
Explorer Explorer.
Palette View or hide the Palette. See page 33 for description of the Palette.
X X
Properties View or hide the Properties Window. See page 33 for a description of X X
Process Flow Display Process Flow Diagram. This command is not active until you
Diagram have mapped the simulator items. See page 164 for details. X X
44 2 Getting Started
...\ Economic Evaluation V9.0\Data\ICS\strlist.fil
Error Display error messages found in the last Capital Costs evaluation.
Messages
Tools Menu
Click this to
Report Editor Launch Icarus Editor. See Reviewing Results in Icarus Editor on
page 424 for instructions.
X X
External Access the simulator link for importing simulation data. See page 131X X
Click this to
Custom Tasks See the Application Programming Interface (API) and Object
Definitions guide available from the Help Documentation menu.
Custom Tasks are only available in ACCE and APEA.
Preferences Access Preferences. See page 51 for details.
X X
2 Getting Started 45
Window Menu
Click this to
Cascade View the Main Window contents in Cascade mode. See page 29. X X
Tile View the Main Window contents in Tile mode. See page 29.X X
Arrange Icons Return all minimized windows to the bottom of the Main Window.
# XXX View opened window in the Main Window.
Help Menu
Click this to
46 2 Getting Started
Saving Project Scenarios
To save a project scenario:
You can select in Preferences not to have this prompt appear (see page 51).
X X
Note: You can save scenarios to project directories other than the default
one provided by Aspen Process Economic Analyzer. See Preferences,
particularly the Locations subsection on page 53, for instructions.
X X
2 Getting Started 47
Deleting Project Scenarios
Delete project scenarios when they are no longer needed. Deleting old scenarios opens
free disk space and makes working with scenarios easier.
Note: You can select in Preferences not to have this prompt appear (see
page 51).
X X
48 2 Getting Started
A window appears asking if you want to save the cached information found in storage.
2 Click Yes.
Aspen Process Economic Analyzer displays the Salvage Project As dialog box.
2 Getting Started 49
A project can only be unlocked by the user who checked it out or by an administrator.
You can now open the project scenario as you normally would.
Note: You can copy project directories only in Aspen Process Economic
Analyzer V9. To use an Aspen Process Economic Analyzer 5.0/5.1 project
scenario, you must import it first (see page 19 for instructions).
X X
See Preferences, particularly the Locations subsection on page 54, for information
X
50 2 Getting Started
Preferences
The settings in Preferences allow you to specify how Aspen Process Economic
Analyzer will act each time it is used.
To access Preferences:
1 On the Tools menu, click Options.
2 On the menu that appears, click Preferences.
Aspen Process Economic Analyzer displays the Preferences dialog box.
Click To do this
General
In the General tab, you can select the following:
Prompts
Select which prompts appear.
Close Project prompt to save any changes when closing project.
Overwrite Project prompt to confirm overwriting project that has the same name as
the one being created.
Delete Project prompt to confirm deletion of project.
Delete Area prompt to confirm deletion of area.
Delete Component prompt to confirm deletion of component.
Cancel Component Edit prompt to save changes when you click Cancel after editing
a Component Specifications form.
Delete Library prompt to confirm deletion of library.
Delete Report Group prompt to confirm deletion of Report Group in Aspen Capital
Cost Estimator. Does not apply to Aspen Process Economic Analyzer.
Evaluation
Display results after evaluation - mark to have Aspen Process Economic Analyzer open
a detailed results report after you run an evaluation.
Scan for Errors before evaluation mark to have Aspen Process Economic Analyzer
scan for errors before evaluation.
Item Report
Select which type of report you want to display when generating an Item Report.
HTML Item Report mark to display the HTML Item Report, like the one shown on
page 454, in the Main Window
X X
Capital Cost Report mark to display the Capital Cost Report in Icarus Editor.
Reporter Report mark to display the Single Component Summary, exported from
Aspen Icarus Reporter, in the Main Window.
2 Getting Started 51
Display
Save Window States mark to have Aspen Process Economic Analyzer save the
position of Project Explorer, the Main Window, the Palette, and the Properties Window,
as well as selected columns on the List view. Unmark to have Aspen Process Economic
Analyzer open with the default interface arrangement (shown on page 27). X X
Display Aspen Capital Cost Estimator & Analyzer Choice Dialog on Aspen Process
Economic Analyzer mark to have Aspen Capital Cost Estimator ask you at startup
whether to use Aspen Process Economic Analyzer and/or Analyzer in the Aspen
Process Economic Analyzer environment. This option is included here because
Preference selections (except for file locations) made in one product affects all other
Aspen Icarus products in the AES suite.
Show Report Group in Aspen Capital Cost Estimator mark to have Aspen Capital Cost
Estimator display Report Groups.
Forms
The Forms tab view provides options related to Component Specification and
Installation Bulk forms.
Display P&I Installation Bulks in Grid mark to have Aspen Process Economic
Analyzer display all items on the Installation Bulk specification forms for Pipe and
Instrumentation. If you unmark the checkbox, Aspen Process Economic Analyzer lets
you select, when opening the form, the items to include.
Use OK Button in Installation Bulks Form to Go to Main Component Form
mark to have Aspen Process Economic Analyzer return you to the main Component
Specifications form when you click OK at an Installation Bulks form. Otherwise,
clicking OK simply closes the Component specifications.
Save Component When Switching to Different Installation Bulk or Main
Component Form mark to have Aspen Process Economic Analyzer save the
Component specifications when you switch to a different form on the Components
Options menu.
Backup/Recovery
The Backup/Recovery tab lets you select when backups are to be performed. You
can select both options.
Automatic Task Backup select this check box to have Aspen Process Economic
Analyzer perform a backup before executing major tasks, such as a project evaluation.
Timed Backup (Interval, in minutes) select this check box to have Aspen
Process Economic Analyzer perform a backup at a specified interval. Specify the
interval in the box provided.
Timed Recovery (Interval, in minutes) - select this check box to have Aspen
Economic Evaluation write a recoverable file at the specified interval. Specify the
interval in the box provided. If an Economic Evaluation application crashes, when you
open the Aspen Economic Evaluation application that crashed, you are be prompted to
recover your file and save it with a new name.
Note: After a project has crashed and been recovered (under the new name),
the original project that crashed should be deleted as it may no longer be in a
stable state.
After deleting the crashed project, you can rename the recovered project to
the previous name if you want.
52 2 Getting Started
You can also select to either have Aspen Process Economic Analyzer overwrite the
project backups or create unique backups.
Overwrite Project Backups select this check box to have Aspen Process Economic
Analyzer overwrite the previous backup every time the program performs a backup.
Unique Project Backups select this check box to have Aspen Process Economic
Analyzer retain previous backups by creating a unique backup each time. Depending
on the frequency of backups (see task and timed backup options above), selecting
Unique Project Backups could result in large amounts of disk space being consumed by
backups.
Process
The Process tab view provides options for importing from an external project.
Import Connected Streams select this check box to include connected streams
when importing an external project.
Import Installation Bulks select this check box to include installation bulks when
importing an external project.
The Process tab also provides options for unsupported simulator models and custom
model tool activation.
Map Unsupported Models To Quoted Cost Item select this check box to have
Aspen Process Economic Analyzer map, by default, unsupported simulator models to
quoted cost items.
Unsupported Models refer to models not listed in the Project Component Map
Specifications dialog box shown on page 80. Aspen Process Economic Analyzer does
X X
not recognize them and, therefore, cannot map them to Icarus project components. If
this option is left unselected, Aspen Process Economic Analyzer will not map
unsupported models. As a result, a unit operation could appear disconnected in the
Process Flow Diagram (PFD).
Quoted cost items are not project components, but act as place markers to ensure
that unit operations remain connected in the PFD.
Note: Selecting this option does not affect the mapping of supported simulator
models. If a simulator model is listed in the Project Component Map Specification
dialog box, then the specified mapping is used. Further, if a simulator model is listed
and has no default mapping (that is, Current Map List section is blank), then it is
assumed that you do not want to map such simulator models to any Icarus project
components.
For example, if this option is selected, a USER unit operation in Aspen Plus can be
mapped to a quoted cost item. This ensures that the unit operation remains connected
in the PFD.
Activate Custom Model select this check box to activate the Custom Model tool
explained on pages 201 through 207.
X X X X
Locations
In the Locations tab view, you can select:
Project Directories
Add/remove alternate project directories and set the default project
directory. See Adding Project Directories on page 54 for instructions.
X X
2 Getting Started 53
To specify the location of various specification files and
data:
1 Click an item in the list to display its description and location.
2 Click the Browse button to select a new location.
Notes:
In some cases the description warns against changing the location.
Make sure to create the IP and MET subfolder structure when changing
the source locations for library files that are units dependent (for example,
Basis for Capital Cost, EML, UML, Custom Piping Specs, and so on).
2 Select the folder you want to add as an alternate directory and click OK.
Aspen Process Economic Analyzer adds the directory to the Alternate Project
Directories list.
3 To set an alternate project directory as the default, select it and click Set
Default.
Aspen Process Economic Analyzer displays a prompt asking you to confirm the change.
4 Click Yes to set the new default.
54 2 Getting Started
If the old default location is not on the list of alternate project directories, Aspen
Process Economic Analyzer displays another prompt asking if you want to add it to the
list.
5 Click Yes or No.
Note: Adding the old default directory to the alternate project directory list
lets you easily revert to it.
6 Click OK to save the changes to Preferences.
Before the added project directory appears on the Create New Project dialog box
and elsewhere, you will need to either restart Aspen Process Economic Analyzer or
else right-click the current project in the Palette and click refresh on the pop-up menu.
Unit Costs
Use the Unit Costs tab to access external unit cost data from either Aspen
Richardsons WinRace software or a users third party data source. This data can be
used in Aspen Icarus as Unit Cost Library (UCL) items.
Notes:
To access unit cost data from Aspen Richardsons WinRace database, you must
install and configure a licensed copy of the WinRace software, and then select
the desired unit cost line items from the WinRace database.
For information on installing Aspen Richardsons WinRace software, see the
Aspen Richardsons WinRace Installation Guide.
For detailed information on using the Unit Costs tab, see Accessing External
Unit Cost Data in the Aspen In-Plant Cost Estimator User Guide.
Miscellaneous Page
Use the Miscellaneous tab view to customize the News feed tab name and the Start
Page news channel on the Start page. You can also specify to have the page show on
startup and the interval at which to download content.
Aspen Capital Cost Estimator users can also set a path for a default Estimate
Plan Document. A default copy is installed in the path shown in the dialog.
2 Getting Started 55
56 2 Getting Started
3 Defining the Project Basis
The Project Basis defines specifications that pertain to the overall project scenario.
These specifications influence the design and cost estimate by defining system
defaults and environmental variables.
Project Basis Specifications are accessed from the Project Basis view in Project
Explorer.
A red arrow on an icon indicates that you can right-click the item to access a pop-up
menu.
This chapter describes the different Project Basis specifications, as well as how to
customize specification libraries.
Project Properties
Project Properties are initially specified when creating a new project.
5 If, for example, you want to use CM/H (centimeters per hour) instead of
M/H (meters per hour) to specify conveyor belt speed in your metric-basis
project, click Velocity and Flow Rate; then click Modify.
6 On the Velocity and Flow Rate Units form, enter CM/H as the new unit
name for M/H. Then enter the conversion factor between the two units in
the Conversion field. In this example, the conversion factor between the
two units is 100 because:
100 CM/H = 1 M/H.
You can change the basis for all output units of measure by selecting a different basis
in the Unit of Measure Basis section; however, note that this voids all previous
customizations.
2 To customize only individual units, such as velocity and flow rate units,
select the unit type and click Modify. Then, for each unit you want to
change, enter the new unit name and the conversion factor (between the
old and new units).
In this example, centimeters per hour (CM/H) replaces meters per hour (M/H). A
conversion factor of 100 has been entered because 100 CM/H = 1 M/H.
3 For example, if you want to use CM/H (centimeters per hour) instead of
M/H (meters per hour) to specify conveyor belt speed in your metric-basis
project, enter CM/H as the new unit name for M/H. Then, enter the
conversion factor between the two units in the Conversion field. In this
example, the conversion factor between the two units is 100 because 100
CM/H = 1 M/H.
4 Click OK to accept the modifications and return to the previous dialog box.
5 When finished modifying output units of measure, click Close.
The section of the Standard Basis file containing General Specs appears in a
specification form.
Project Information
Project Location Adjusts the various location dependent cost
fields based on the actual geographical location
of the project site. The system calculates values
such as freight (domestic and ocean),
taxes/duties, wage rates and workforce
productivities.
Project Type Used to determine the configuration of the
projects electrical power distribution and
process control systems.
Contingency This field will have the value of the contingency
Percent percentage calculated by the standard basis
expert based on user specification of project
information. This lets you modify the value
estimated by Aspen Process Economic Analyzer.
This value represents:
Construction Contingency
Material Contingency
Engineering Contingency
Estimated Start These three fields show the year, month, and
Year/Month/Day day that the basic engineering will begin. Refer
of Basic to Icarus Reference, Chapter 31: Engineering,
Engineering for a definition of engineering functions.
Soil Conditions Specifies the nature of the soil most prevalent
Around Site around the construction site. This impacts the
development of all foundations, the amount of
pilings developed, any excavation and trenching
work items, and construction rental
requirements. Icarus Reference, Chapter 19:
Civil, provides soil type definitions.
Equipment Specification
Pressure Vessel Specifies the design code used for pressure
Design Code vessels design. The following design codes can
be chosen:
ASME = ASME code, Section VIII, Div 1
BS5500 = British code, BS5500
JIS = Japanese code, B8243
DIN = German Code, AD Merkblatt
EN 133445 = European code, EN 13445
GB 150 = Chinese code, GB 150-1998
Vessel Diameter Specifies the vessel dimension in the
Specification component specification form as inside
diameter (ID) or outside diameter (OD).
P and I Design Specifies the level of instrumentation provided
Level for the equipment. The P and I may be
standard instrumentation (STD) or highly
instrumented (FULL). Refer to the Piping and
Instrumentation Drawings for instrumentation
on specific equipment.
Pile foundations are designated according to the country base default capacities and
spacing. Pile foundations are provided for equipment and structures whose weight
(including concrete) exceeds one-half the pile compression capacity.
Power Distribution
The type of project is used to configure the electrical power distribution system inside
Aspen Process Economic Analyzer. The power distribution specification generated by
Aspen Process Economic Analyzer provides the means of designating MAIN and UNIT
substations and the cabling between them
Note that no transmission LINE is provided for any of the different choices of Project
Type.
Components Included
Components Included
Project
Schedule Project Type Operator Center Control Center
Construction Workforce
Construction Workforce specifications are divided into General Rates and Craft Rates.
General Rates
The General Wage Rates information globally sets wage rates and productivities for all
crafts.
To access:
1 Right-click General Wage Rates in the Project Basis views Basis for
Construction Workforce folder.
2 On the menu that appears, click Edit.
Aspen Process Economic Analyzer displays the Wage General Info specifications
form in the Main Window.
Helper wage UK Base only. Specifies the wage rate for craft
percent craft rate help as a percent of the principal craft in the
crew. This value must be less than 100%.
Foreman wage Specifies the wage rate for foremen as a fixed
rate rate to be used in all crews. Default: 110% of
rate of highest paid craft in crew.
Foreman wage Specifies the wage rate for foreman as a percent
percent craft rate of the highest paid craft in crew. This value must
be greater than or equal to 100%. Default:
110% of rate of highest paid craft in crew.
Craft Rates
Craft Rates set the wage rate and productivity individually for each craft.
To access:
1 Right-click Craft Rates in the Project Basis views Basis for Capital
Costs\Construction Workforce folder.
2 On the menu that appears, click Edit.
Aspen Process Economic Analyzer displays the Wage Rate Info specifications form in
the Main Window.
Indexing
The Material and Man-hour specification forms in the Indexing folder allow you to
manipulate the material and/or man-hour costs for process equipment and installation
bulks. You can also adjust these indexes by location by using the Location specification
form.
For example, you could specify to increase the material costs associated with a type of
process equipment.
Indexing is used to tailor Aspen Process Economic Analyzer to mimic your work
methods and costs. If your equipment costs for a category are consistently offset from
Aspen Process Economic Analyzers values, use Indexing to correct that.
2 To adjust the index for all equipment or for all of one of the installation
bulks, enter the index value in the box provided. For example, entering
200 in the Equipment box will double the material costs for all items
under the equipment account group.
To adjust the index for a sub-category, click the arrow-button in the box. This
accesses a similar form listing sub-categories corresponding to the Code of
Accounts (see Icarus Reference, Chapter 34, for a complete list). Adjustments
to a sub-category override adjustments to the account-group.
3 Click OK to close the form and apply changes.
Process Design
The Process Design specifications are used in Aspen Process Economic Analyzer
projects that contain a simulator input. These specs allow Aspen Process Economic
Analyzer to map simulator models into Icarus project components. For example, a
distillation column model in a simulator may be mapped to a combination of
equipment such as a double diameter tower, an air-cooler (for a condenser), a
horizontal tank (for a reflux drum), a general service pump (for a reflux pump) and a
thermosiphon reboiler.
The Process Design Specifications indicate the default settings that the system uses
for mapping all models of the same class. These specs can be customized in files and
used in many projects.
To access:
1 Right-click Simulator Units of Measure Mapping Specs in the Project Basis
views Process Design folder.
2 On the menu that appears, click Edit.
Note: Each simulator cross-reference UOM file contains a basis (which may
be METRIC or I-P). The basis indicates the Aspen Process Economic Analyzer
base units set to which simulator units will be converted.
The left side of the screen displays the simulation output units. The right side of the
screen displays the corresponding Aspen Process Economic Analyzer units. The
conversion factors between the two units are entered in the lower-center section of
the screen.
Aspen Process Economic Analyzer provides a set of common simulator units and their
conversions to Aspen Process Economic Analyzer units. You can modify and/or add
units to these files.
Specifying the Mapping for a Simulator Unit
Deleting a Mapping
To delete a mapping
Select the simulator unit; then click Delete.
Removing a Unit
Adding a Unit
To add a new unit to the list, enter the new unit symbol in the New Units to Add box in
the Simulation Output section and click Add. Changes will not affect existing project
components.
To access:
1 Right-click Project Component Map Specifications in the Project Basis
views Process Design folder.
2 On the menu that appears, click Edit.
Models that are mapped in the current file are marked with an asterisk (*). If no
asterisk is present, then that model will not generate any project components when
loaded, mapped, and sized.
3 Exclude simulator models from the mapping process by selecting the
simulator item and then clicking Delete All Mappings.
You can select a simulator item and review the mapping(s) for that item.
You can enter design conditions (design pressure and temperature) for all equipment
(using the Common form) and also enter design conditions for types of equipment.
(Conditions entered on the equipment type forms override those on the Common
form).
Common
Design pressure and temperature entered on the Common specifications form applies
to all equipment except equipment for which you have separately specified these
design conditions.
Design Pressure
Click the Design Pressure field to open the Design Pressure Specifications
form. The specifications form lets you specify rules for calculating the design
pressure based on the range in which the operating pressure falls. The design
pressure is calculated from the operating pressure using the formula shown on the
form. You can modify the pressure limit (upper and lower limit) as well as
parameters A and B.
Pumps
In addition to entering design pressure and temperature (see instructions under
Common, page 86), you can enter the following design criteria for pumps:
X X
Compressors
In addition to entering design pressure and temperature (see instructions under
Common, page 86), you can enter the following design criteria for compressors:
X X
Driver Type
Specifies the driver type used for compressors. The default value is None. The
selections are NONE, GAS ENGINE, MOTOR, TURBINE.
Heat Exchangers
In addition to entering design pressure and temperature (see instructions under
Common, page 86), you can enter the following design criteria for heat exchangers:
X X
exchanger code, if the design pressure of the lower-pressure side (either tube or
shell) is at least 2/3rd the design pressure on the high-pressure side, then
Note: The final surface area in general is greater than the calculated
value because of mechanical considerations.
Towers
In addition to entering design pressure and temperature (see instructions under
Common, page 86), you can enter the following design criteria on the Towers form
X X
Packed Towers
In addition to entering design pressure and temperature (see instructions under
Common, page 86), you can enter the following design criteria for packed towers:
X X
Packing Type
Two types of packings, random and structured, are used in packed towers. The
type of packing affects the flood point pressure drop estimation and the packing
efficiency (HETP) value.
Trayed Towers
In addition to entering design pressure and temperature (see instructions under
Common, page 86), you can enter the following design criteria for trayed towers:
X X
Foaming
18 24 30
Tendency
Low 0.4 0.5 0.5 0.6 0.6 0.7
Moderate 0.3 0.4 0.4 0.5 0.5 - 0.6
High 0.2 0.25 0.2 0.25 0.2 - 0.3
Configurations Towers
Use this form to specify design criteria for tower configurations.
Vessels
In addition to entering design pressure and temperature (see instructions under
Common, page 86), you can enter the following design criteria on the Vessels form
X X
Agitated Vessels
In addition to entering design pressure and temperature (see instructions under
Common, page 86), you can enter the following design criteria for agitated vessels:
X X
Storage Vessels
In addition to entering design pressure and temperature (see instructions under
Common, page 86), you can enter the following design criteria for storage vessels:
X X
Horizontal Vessels
In addition to entering design pressure and temperature (see instructions under
Common, page 86), you can enter the following design criteria for horizontal vessels:
X X
Vertical Vessels
In addition to entering design pressure and temperature (see instructions under
Common, page 86), you can enter the following design criteria for vertical vessels:
X X
Miscellaneous
Vibrating Screen Feed Material
This field specifies the solid material type used by solids handling equipment. The
material type affects the screen unit capacity which is defined as the amount of
solids (TPH) flowing through one square foot of screen cloth based on material,
having 6 to 8% moisture, screen cloth having 50% or more open area; 85%
screen efficiency.
Based on the choice made for this field and the screen opening size, the screen
unit capacity is estimated.
The following choices are available for this field:
Configurations Flash
Use this form to specify design criteria for flash configurations.
Utility Specifications
Most chemical processes require heating or cooling process utility fluids to operate. In
many cases, the choice of which utilities are used plays an important role in
determining the total project cost by defining heat transfer equipment sizing. In
addition, utility costs form an important part of the operating costs of the plant.
In the design of heat exchangers and reboilers, Aspen Process Economic Analyzer
permits you to select appropriate process utility fluids for the application. You can
select utility fluids from the list already present in Aspen Process Economic Analyzer or
can create your own based on utility fluid classes allowed by Aspen Process Economic
Analyzer. Once the utility resource for the equipment is selected either by you or by
the Sizing Expert, then an actual utility process stream is created for the equipment.
The utility stream contains the amount of utility used by the equipment. During the
operating cost evaluation, Aspen Process Economic Analyzer processes all the utility
streams connected to the equipment to determine the utility cost for every utility
resource used in the project.
You can override these selections by a combination of disabling/enabling appropriate
utilities and re-mapping and re-sizing the equipment items. Alternately, you can
specify the desired utility in the interactive Sizing Expert. This method is available
even if the utility has been disabled.
To modify or create a utility stream:
1 Right-click Utility Specifications in the Project Basis views Process Design
folder.
2 On the menu that appears, click Edit.
Investment Analysis
Investment Parameters
To specify parameters required for investment analysis:
1 Right-click Investment Parameters in the Project Basis views
Investment Analysis folder.
2 On the menu that appears, click Edit.
Period Description
This field lets you enter text indicating the name/description of a period. The period is
defined in Number of Weeks per Period. The period description is used in the display
of some of the results in the spreadsheets.
Tax Rate
The tax rate for investment analysis, in terms of percent per period, is used to
calculate the percentage of earnings before taxes that must be paid to the
government.
Depreciation Method
There are four depreciation methods allowed in Aspen Process Economic Analyzer. The
description of each follows:
Straight Line The straight line method is used most commonly. In this method, the
Salvage Value is subtracted from the Total Project Cost. This result is then divided by
the Economic Life of Project, so that the project is depreciated evenly over its
economic life.
Sum of the Digits When this method is used, the Depreciation Expense decreases
during each period of the Economic Life of Project. Therefore, the highest value for the
depreciation occurs in the first period and decreases every period thereafter. The sum
of the digits multiplier is n/((N(N+1))/2), where N is the Economic amount is the Total
Project Cost less its Salvage Value. For the duration of the projects economic life, this
factor is multiplied by the depreciable amount.
Double Declining (Balance) When this method is used, the project is depreciated in
geometric increments. The multiplier for the first period is 2/N, where N is the
Economic Life of Project. For the second period the depreciation rate, D2, is (1-D1)D1
where D1 is 2/N. For the third period, the depreciation rate, D3, is (1-D1)D2. For the
fourth period, the depreciation rate is (1-D1)D3. These factors are multiplied by the
Total Project Cost. This process (multiplying the factor by the capital cost) continues
until the Straight Line Method produces a higher value for the depreciation. When the
Straight Line Method produces a higher value, this higher value is used for the
remaining depreciation calculations.
Accelerated Cost Recovery System (ACRS) The ACRS approach assumes that
operations begin during the second half of the first period and stop during the first half
of the last period. Therefore, as a result of the two half-periods (one at the beginning
and one at the end of the operating cycle), it takes 6 periods to depreciate a project
which has an Economic Life of 5 periods. The ACRS adapts the Double Declining
Balance Method to the half-life system. The depreciation rate for the first period, D1,
is 2/N, where N is the Economic Life of Project. However, the half-life convention
reduces this factor to 1/N. For the second period the depreciation rate, D2, is D1(1-1/
N). For the third period the depreciation rate, D3, is D1(1-1/N-D2). This process
(multiplying the factor by the Total Project Cost continues until the Straight Line
Method produces a higher value for the depreciation. When the Straight Line Method
produces a higher value, this higher value is used for the remaining depreciation
calculations.
Escalation Parameters
Utilities Escalation
User-entered percentages reflecting the anticipated utility price increase each period.
Operating Supplies
This field indicates the cost of miscellaneous items that are required in order to run
the plant in terms of cost per period.
Laboratory Charges
This is a cost per period indicating the cost of having product analyzed each period.
Operating Charges
This includes operating supplies and laboratory charges. It is specified as a percentage
of the operating labor costs. (If you specify a value for either Operating Supplies or
Laboratory Charges, the system will add the two entered values and calculate the
percentage of Operating Labor Costs. (This is done for compatibility with earlier
releases of the system.)
Plant Overhead
This field consists of charges during production for services, facilities, payroll
overhead, and so on. This number is specified as a percent of operating labor and
maintenance costs. This number should not be used for the construction of the facility,
only for operation after start-up.
Facility Type
This field defines the facility type. The following types are currently available:
Chemical Processing Facility
Food Processing Facility
Oil Refining Facility
Petrochemical Processing Facility
Pharmaceutical Facility
Pulp and/or Paper Processing Facility
Specialty Chemical Processing Facility (A specialty chemical is defined as a chemical
which is produced in low quantity and has a usually high price per unit.)
The type of facility affects the number of operators/shift and maintenance costs of
facility equipment.
Operating Mode
This refers to the operating mode of the facility. The available options are:
Continuous Processing - 24 Hours/Day
Continuous Processing - Less than 24 Hours/Day
Batch Processing - 24 Hours/Day
Batch Processing - 1 Batch per Shift
Batch Processing - More than 1 Batch per Shift
Intermittent Processing - 24 Hours/Day
Intermittent Processing - Less than 24 Hours/Day
The operating mode of the facility affects the number of operators/shift and
maintenance costs of facility equipment.
Aspen Process Economic Analyzer displays the Operating Unit Costs in the Main
Window.
The Operating Unit Cost form specifies Labor Unit Costs and non-heat transfer Utility
Unit Costs.
Labor Unit Costs are given for Operators and Supervisors. The total cost of operating
labor is calculated by:
Determining the total number of operators and supervisors necessary to run the
facility for a certain number of hours.
Operator
The loaded wage rate paid for operating the facility in terms of the cost per operator
per hour. Operator labor includes labor that is associated with operating the facility.
Supervisor
The loaded wage rate paid for supervision in terms of the cost per supervisor per hour.
Supervision includes all labor associated with overseeing personnel who operate the
facility.
Electricity
The unit cost per KWH of electricity used for the facility.
Potable Water
The potable water unit cost per MMGAL or MB used for the plant.
Fuel
The fuel unit cost per MMBTH or MEGAWH used for the plant.
Instrument Air
The instrument air unit cost per KCF or MB.
The following input information is required in order to estimate the raw material costs
during the evaluation of the operating costs for the project: Process Stream (or
none if user-defined); Rate (do not specify a rate if a process stream is selected);
and Cost Per Unit.
In addition to the above minimum information, you have to specify certain field values
for the raw material fluid program to estimate the raw material rate necessary for the
cost estimate.
If you specify none in the Process Stream field, then the value for the Rate field
must be specified in the appropriate units. If you specify a process stream, then the
program determines the raw material rate in the desired Specification Basis and units.
You can specify a maximum of 150 raw material streams.
The Raw Material Specifications form contains the following fields:
Unit Cost
This field provides the cost value per unit mass, volume or energy used to estimate
the raw material cost for the project.
7 When you are done entering raw material specifications, click OK.
The new stream appears in the Existing Stream list on the Develop Raw Materials
Specifications dialog box. You can enter a maximum of 150 raw material streams
using this dialog box. When done, click Close.
Product Specifications
An investment analysis conducted on any process needs to include an accurate figure
for the projects total revenue. In order to do so, it is very important to accurately
account for all the products obtained from the process.
Aspen Process Economic Analyzer lets you identify simulation streams as product
materials for the process. Once the simulation stream is defined, Aspen Process
Economic Analyzer determines the necessary amount of product materials generated
based on the information provided in the product material specification file.
The product material costs are directly placed in the PROJSUM.ICS spreadsheet, where
they are used for further cashflow analyses.
The following input information is needed for Aspen Process Economic Analyzer to
estimate the product material costs during the evaluation of the operating costs for
the project:
Description
The value specified in this field is used to describe the product material fluid in the
investment analyses spreadsheet (PROJSUM.ICS).
Specification Basis
This field describes the product material properties from the following list:
Mass, Gas
Mass, Liquid
Mass, Solid
Volume, Gas
Energy BTU/H W
MMBTU/H KW
MEGAW
CAL/H
Unit Cost
The field provides the cost value used to estimate the product material cost for the
project.
6 When you are done entering product specifications, click OK.
The new stream appears in the Existing Stream list on the Develop Product
Specifications dialog box. You can enter a maximum of 150 product material streams
using this dialog box. When done, click Close.
Developing Streams
After opening a project, new streams can be developed. You have the option to
develop completely new streams or use an existing stream as a base. When an
existing stream is used as a base, the new stream can be either copied from the
existing stream (Absolute Basis mode) or copied from and linked dynamically to the
existing stream (Relative Basis mode).
To develop streams:
1 Right-click Streams in the Project Basis views main folder (at the
bottom).
2 On the menu that appears, click Edit..
The functions of the six buttons on the Develop Stream specifications form are
explained below:
Click To do this:
Most Develop Stream specifications need no further explanation. Those that do are
described below.
Primary Fluid Component
One of the most important specifications in this form is Primary Fluid Component,
which is classifies the chemical components of a stream. The fluid selected here is
used as the basis for any properties that are unavailable and need to be estimated to
complete the specifications for the stream. The available general fluid classifications
are:
Alcohol Medium Hydrocarbon Liquid
Aromatic Liquid Miscellaneous Inorganic Liquid
Halogenated Gas Miscellaneous Organic Gas
Heavy Hydrocarbon Liquid Organic Acid
Hydrocarbon Gas Very Heavy Hydrocarbon Liquid
Inorganic Gas Solid
Light Hydrocarbon Liquid
The following pure components are also available for selection as the Primary Fluid
Component of a stream:
Acetic Acid Glycerol Phosphoric Acid
Ammonia Hydrogen Propane
Argon Isopropyl Alcohol Propanol
Carbon Monoxide Methane Propylene
Carbon Dioxide Methanol Steam
Ethane N-Butanol Sulfuric Acid
Ethanol Nitric Acid Toluene
Ethyl Benzene Nitrogen Water
The check also combines duplicate entries into one entry by combining the two
fraction specifications.
Stream Connectivity
Process streams are connected to project components in a real way. You can see this
in the Process Flow Diagram (PFD) that you can display after loading and mapping
simulator blocks. Each stream has a Source end and a Sink end. The Source end
In the PFD view, when you Edit Connectivity (see page 167) for the Sink end of a
X X
stream and move the mouse over a component, only Inlet port(s) turn green, thereby
indicating their availability for making a connection to a Sink end.
The same concept also carries into the Interactive Sizing form (see page 214). Only
X X
streams whose Sink ends are not connected are listed in the pulldown for any Inlet.
This explains why the Inlet and Outlet pulldowns will include different streams.
Since the connectivity in the PFD and the Interactive Sizing form are two ways of
looking at the same information, Aspen Process Economic Analyzer tracks your
changes and synchronizes them in both views. Thus, if you change the connectivity in
one view, Aspen Process Economic Analyzer automatically changes it in the other
view.
When you first map and size components, the streams in the simulator will be
connected to the project components and the underlying process conditions of those
streams are available for further use. For example, you may create new streams
based on the properties of any stream, connected or not, then use these new streams
as Sources/Sinks for connecting new components (you might do this to set up spares).
You may also add a New Mapping to an item already mapped and the newly mapped
and sized item utilizes the underlying stream properties.
Note: See page 112 and 113 for descriptions of the buttons and fields on this
X X X X
form.
Enter values for the new stream. See page 113 for descriptions of the different fields.
X X
3 Enter a name for the new stream in the Create Stream window. This name
must not be the same as any existing streams in the project. Click OK.
Aspen Process Economic Analyzer displays the specifications form for the newly
created stream. The data is that of the Base Stream. Data appears gray (dimmed) to
indicate that it is relative to a referenced Base Stream.
this form.
Even in a Relative Stream, you may override any value with a manual entry. If you do
so, the text turns black, indicating that that value is absolute and therefore no longer
references a Base Stream.
4 Make modifications to the data and click OK.
Deleting a Stream
Note: Only user-added streams and streams added by the Sizing Expert as
utilities can be deleted.
To delete a stream:
1 At the Delete tab view, select the stream to be deleted. You may need to
use the scrollbars to locate a stream if a large number of streams exist in
the currently opened project.
2 Click Delete.
A dialog box will appear asking for confirmation of the delete action.
Specification Libraries
The default specifications are derived from files that you can access, when outside of a
project, from the Palettes Libraries view.
Creating a File
a project.
Modifying a File
To import a file:
1 In the Palette (Libraries view), expand the library to which you want to
import a file.
2 Except for Investment Parameters and Project Component Map
Specifications, right-click the units of measure basis folder Inch-Pound
or Metric. For Investment Parameters, right-click the Investment
Parameters folder. For Project Component Map Specifications, right-click
the simulator type folder.
3 On the pop-up menu, click Import.
4 In the Select a File for Import dialog box, locate the file and then click
Open.
Duplicating a File
To duplicate a file:
1 In the Palette (Libraries view), right-click the file you want to duplicate,
and then click Duplicate on the pop-up menu.
2 Enter a file name and description (optional) for the new file.
Deleting a File
Note: You cannot delete files named Default, only modify them.
2 Select a new file from which to derive default specifications and click OK.
Overview
If the process you want to evaluate in Aspen Process Economic Analyzer is based on a
simulator file report from a process simulator software program, the first step, after
creating a project scenario and defining the Design Basis, is to load and map
simulation data.
Aspen Process Economic Analyzer supports reports from the following simulators:
AspenTechs Aspen Plus V9
AspenTechs Aspen HYSYS V9
Chemstations ChemCAD for Windows Version 5.3.2
HYSIM Version STD/C.271
SimScis PRO/II with PROVISION Version 5.61
Pacific Simulations WINGEMS 2.0
WinSims DESIGN II for Windows Version 8.17
Note: If the Activation dialog box appears, click Close. Use the Activation
dialog box to stay in Aspen Plus instead of transferring to Aspen Process
Economic Evaluator.
2 On the ribbon, click Economics | Send to Economics.
When the prompt appears, the Aspen Process Economic Analyzer project name will be
designated to be the name of the simulation file from Aspen Plus. Aspen Plus will
designate the scenario name. If the scenario name is changed, any future attempts to
run the link for the same project will result in a new Aspen Process Economic Analyzer
project being created. It is recommended that the scenario name designated by Aspen
Plus be left as it is for maximum usability.
3 Click OK.
The Project Properties dialog box appears.
4 Specify the Project Description, Remarks, and the Units of Measure.
5 Click OK.
The Input Units of Measure Specifications dialog box appears.
6 Verify the Input Units of Measure Specifications; then click OK.
The General Project Data dialog box appears.
7 Verify the General Project Data; then click OK.
Aspen Process Economic Analyzer displays a prompt to load the Simulator Data.
8 Click OK.
If the simulation has specified units that are undefined, a prompt will appear to do so.
Define all Aspen Plus units with those available in Aspen Process Economic Analyzer.
Note: In ChemCAD for Windows, just click the Output menu from the menu
bar.
2 Specify the following for report options:
Select Streams
Print All Streams: Y
OVERALL PROPERTIES
Mass flow rate X
Mole flow rate X
Temperature X
Pressure X
Mole Vap frac X
Enthalpy X
Molecular wt. X
Total act.dens X
VAPOR PROPERTIES
Mass flow rate X
Mole flow rate X
Molecular wt. X
Vap. Act. Dens X
Vap. Viscosity X
Vap. Cp X
Vap. Thrm. Cond X
Liq. Surf. Tens. X
LIQUID PROPERTIES
Mole flow rate X
Molecular wt. X
Liq. act. Dens X
Liq. Viscosity X
Liq. Cp X
Liq. Thrm. Cond. X
SOLID PROPERTIES*
Mass flow rate X
Molecular wt. X
Density X
PSD X
DISTILLATION OPTIONS
Tray profile X
Tray properties X
Tray sizing X
Packed column sizing X
TRAY COMPOSITIONS
Mass flow rate X
Important:
The operation names and stream names cannot contain the following
characters:
+, -, *, or spaces
Note: If the Activation dialog box appears, click Close. Use the Activation
dialog box to stay in HYSYS instead of transferring to Aspen Process Economic
Evaluator.
2 On the ribbon, click Economics | Send to Economics.
When the prompt appears, the Aspen Process Economic Analyzer project name will be
designated to be the name of the simulation file from HYSYS. HYSYS will designate the
scenario name. If the scenario name is changed, any future attempts to run the link
for the same project will result in a new Aspen Process Economic Analyzer project
being created. It is recommended that the scenario name designated by HYSYS be left
as it is for maximum usability.
3 Click OK.
The Project Properties dialog box appears.
Note: See the note in the KEYWORD section regarding COLUMN sidestrippers
UIDs.
9 Click Close to finish.
10 Use the default options for remaining unit operations.
Using Keywords
For General Print Options, use the following keywords:
Print INPUT = ALL
STREAM = ALL
RATE =M
WIDTH = 80
For COLUMN operations, use the following keyword:
Print PROPTABLES = PART or ALL
3 Click OK.
4 In the Process Design folder, right-click Simulator File Name; then
click Edit.
The Open dialog box appears, showing all simulator files in the Report folder. You
can browse other drives and folders as well.
Note: The List view now displays the pathname of the selected simulator file
when you select Simulator File Name in Project Explorer.
6 Do one of the following:
7 Click Yes.
Aspen Process Economic Analyzer loads the simulator data.
When the loading of the data is finished, the Process view of Project Explorer is
populated with simulator areas and simulator blocks.
Note: You can move a block by clicking on the center of the block and
dragging it to the desired location. This will also move the streams connected
to the block. If the simulator data is reloaded, the block and stream locations
will be regenerated by Aspen Process Economic Analyzer.
In addition to the blocks displayed in the Process view, the BFD displays streams,
direction of stream flows, inlets, and outlets.
The commands on the View menu change when the BFD is active.
Block commands
The Map command and Delete Mappings command are explained in the next
section, Mapping Simulator Items to Icarus Project Components, starting on page 147.
Alteration of mapping will alter the blocks' color based on its status.
Zooming
You can use the Zoom In and Zoom Out buttons to increase or decrease the
magnification by degrees:
You can also select an exact magnification by using the Zoom dialog box.
The View menu contains some options that are only displayed when the Block Flow
Diagram is active
Use this to
Toolbar View or hide the toolbar. See page 40 forX X
Explorer.
Palette View or hide the Palette. See page 33 for
X X
Window.
Workbook Mode Turn Workbook Mode on and off. See
page 29 for an explanation of Workbook
X X
Mode.
Capital Costs View Launch Aspen Icarus Reporter for
interactive reports (on-screen, HTML, or
Note: If an item is mapped, its icon is green. If an item is not mapped, its
icon is yellow.
The Map Options dialog box appears.
Source
Map Selected Unit Map the selected simulator block or the simulator blocks in
Operations(s) the selected simulator area.
Map All Unit Map all simulator items in the project.
Operations
Basis
Last Mapping Map a block according to the last time it was mapped. This
Note: All simulator items are displayed because Map all Items was selected
at the previous dialog box. Those components being mapped have asterisks
next to them.
If you selected Map Selected Unit Operations(s) on the Map Options dialog box,
the Unit Operations list displays just the selected simulator block(s). If you selected
Map all Unit Operations(s), the Unit Operations list displays all simulator blocks.
The Current Map List displays any components that are already mapped to the
simulator block highlighted on the Simulation List.
The Configuration option box is active only for blocks representing column models.
Component Status
You may notice a "?" in the Status column of a project component mapped from the
simulator block. This indicates that there are still specifications that need to be
entered for the component.
Specifications.
If you do not enter the specifications and the "?" remains in the Status column, the
item will not be included in the project evaluation and will have "0" cost associated
with it. It will not cause SCAN messages.
Deleting Mappings
To delete mappings:
Right-click in the simulator area or simulator block in Process view; then,
on the menu that appears, click Delete.
Note: Flow rate of the Spray Cond Total Recycle (SCTR) stream is calculated
using Ratio of Recycle to (Ovhdliqprod + Reflux) Flowrates = mSCTR / (mOVH
LIQ PROD+ mREFLUX). Ratio of Recycle to (Ovhdliqprod + Reflux) Flowrates
is an input specified in the Design Criteria.
mSCTR = mass flow rate of the SCTR stream.
mOVH LIQ PROD = mass flow rate of the Overhead Liquid Product stream.
mREFLUX = mass flow rate of the Reflux stream.
where:
Ratio of SC Trim Duty to Overall Duty is an input specified in the Design Criteria
QSCTRIM
B B = Spray Condenser Cooler Duty
QSCCOOLER
B B = Spray Condenser Trim Duty
QCONDENSER
B B = Total Overhead Condenser Duty, obtained from
Simulator Data
Then the temperatures of the streams exiting the Spray Condenser Cooler and Spray
Condenser Trim exchangers are calculated using:
a Q = mCpDeltaT calculation.
Flow rate of the streams exiting the SC Tot Recycle Trim Splitter are determined
using:
SC Trim Splitter Flow Split Ratio = mSCRTSEx1 / mSCCEx B B B B
(this is the one that subsequently goes through the SC TRIM exchanger)
mSCRTSEx2
B B = mass flow rate of the SC Rcy Trim Splitter Ex2
Stream
Sizing Selection
This section outlines the workflow of the sizing selection feature available in Aspen
Icarus Process Evaluator. Sizing selection is a mechanism that lets you pre-define
and/or define sizing rules for project components. Specifically, you can set rules on
equipment models or specific project components to be sized with one or more custom
models.
Specifying Additional
Components
Icarus project components can be added to areas mapped from a simulator report.
However, these project components must initially be added in a user-added area. You
can later rearrange the components in Project Explorers Project view, drag
components from a user-added area to an area mapped from the simulator report.
Follow the instructions for adding a project component on page 174.
X X
If the component you add is process equipment, Aspen Process Economic Analyzer
adds an icon representing the new equipment item in the upper left-hand corner of the
Process Flow Diagram (PFD). The next section, Working with Process Flow Diagrams,
includes instructions (see Editing Connectivity on page 167) for connecting an added
X167
2 Use the Drag-and-Find feature to locate any equipment item on the PFD.
3 Drag an equipment item from Project Explorer (Project view) and drop it
on the PFD.
The icon in the PFD that corresponds to the selected equipment will be positioned in
the upper left-hand corner (regardless of magnification).
Note: If you eventually select Reroute All Streams on the Run menu,
Aspen Process Economic Analyzer chooses the most logical routes for all
streams.
Use this to
buttons.
Status Bar View or hide the status bar. See
page 27 for a description of the
X X
status bar.
Project Explorer View or hide Project Explorer. See
page 28 for a description of
X X
Project Explorer.
Palette View or hide the Palette. See
page 33 for a description of the
X X
Palette.
Properties Window View or hide the Properties
window. See page 33 for a X X
for details.
Edit Connectivity Activate the Edit Connectivity
feature. See Editing
Connectivity, page 167, for
X X
details.
2 Set the Across and Down grid increments in the Increments section.
Specify in the Units section whether the specified increments are in
inches or centimeters.
3 Select the Snap to Grid check box to turn on Snap to Grid mode. When
you drag a block in this mode, the blocks bounding outline moves in
increments corresponding to the grid.
4 Click Color to select a grid color.
5 Finally, in the Visibility section, click whether to show or hide the grid.
6 Click OK to apply the settings.
Editing Connectivity
The Edit Connectivity feature lets you make changes to the layout of items in the PFD.
Because this involves connecting and disconnecting streams to ports, the Ports
Visible option should be on, as it is by default.
If the ports are not visible, click the Ports Visible button .
4 Move the cursor over a stream. Click when you have placed the cursor
over the desired stream.
Aspen Process Economic Analyzer disconnects the Sink end of the stream from the
inlet port on the current component, then automatically re-connects it to the inlet port
on the inserted component.
Aspen Process Economic Analyzer also creates a new stream, which appears white and
has properties relative to the initial stream. Aspen Process Economic Analyzer connects
the Source end of this new stream to the outlet port of the inserted item and the Sink
and to the inlet port of the original.
The added item can now be sized manually or using the Size Item option, which
either automatically sizes the item or, if interactive sizing is available, accesses the
Sizing Expert. The Sizing Expert, explained in Chapter 6, will utilize the newly
connected streams.
Adding a Stream
From PFD view, you can create a new stream and specify its connectivity. The process
of developing streams is explained in detail under Developing Streams, page 111. X X
To add a stream:
1 Do one of the following:
7 Click when you have placed the cursor over the desired outlet port.
8 Move the cursor, which now appears as crosshairs, to an inlet port.
9 Click when you have placed the cursor over the desired inlet port.
Use this to
Modify Access the Develop Stream dialog box listing the streams
specifications, which you can modify.
Disconnect Erase the stream from the screen and store it, so that you
can select it when using the Draw Disconnected Stream
feature (see page 171).
X X
When developing an Aspen Process Economic Analyzer project, you can add project
components in Project view to user-defined areas (areas not mapped from the
simulation report). Once added, you can drag them to different areas. Components are
categorized as follows:
Note: The Recent Items folder in the Components view stores the last 10
project component selections.
2 To drag, click the component and hold down the mouse button.
3 Move the cursor until over the area where you want to place the
component.
4 Release the mouse button.
Color coding
Red Border: An entry must be made in the field. All specifications forms
have at least one required entry field.
Green Borders and Thick Gray Borders: An entry must be made in
either the field with the thick gray border or in the two fields with the
Evaluate button and reviewing the resulting report. See page 454 for X X
more information
Fields with red borders are required. If theres a combination of two fields with green
borders and one with a thick gray border, an entry must be made either in the two
fields with the green borders or in the field with the thick gray border.
To define installation bulks for the component:
1 Click the Options drop-down and select the type of bulks to define.
installation bulks.
2 After defining the component and installation bulks, save the
specifications form by clicking OK.
Matl/Man-hours Adjustments
Using Matl/Man-hours Adjustments, you can specify percent adjustments of
system-calculated values as follows:
Category Percent adjustment for
These adjustments compound material and man-hour indexing applied to the same
COAs. User-entered material costs and man-hours (entered using either Quoted
Equipment or Matl/Man-hours% Additions) are not affected by these
adjustments.
A special options section at the bottom of this form lets you specify non-default
installations for the item, including demolition (that is, dismantlement) of the
component and its installation bulks.
To demolish a component:
1 On the Component Specifications form, on the Installation Option
list, click DEML.
Note: Starting with the V8.4 Release of Economic Evaluation, the Installation
Option can be accessed from the main component form. The functionality
remains the same.
Matl/Man-hours Additions
Using Matl/Man-hours Additions, you can add lump sum material costs and/or
man-hours to a specified COA. All additions are reported as is. Additions are neither
indexed nor adjusted by Matl/Man-hours Adjustments. Up to 20 additions can be
defined per component.
It displays the piping you are adjusting on the Pipe Details Installation Bulk form.
You can revise the pipe volumetric model for a component line-by-line. Specifications
on the Pipe Item Details Installation Bulk form override the project-, area- and
component-level specifications that otherwise determine the design of all lines of pipe.
For example, area dimensions determine all lengths of lines generated by volumetric
models except those lines for which you enter a specific length.
Civil
Civil installation bulk items specify bulk excavation and up to three different
foundation types/sizes. The available foundation types are listed in the Icarus
Reference.
From the specified foundation types and volumes, Aspen Process Economic Analyzer
calculates:
Excavation and backfill
Form work (plywood/backup lumber with reuse)
Rebar
Sand mat (or ring wall foundation types only)
Grout
Anchor bolts/embedments
Steel
The Steel installation bulk specifies the following:
Ladders
Stairs
Platforms
In addition, up to eight different steel items may be specified.
Instrumentation
Instrument installation bulk items specify individual instrumentation loops or parts of
loops with associated sensors, transmitters and signal cabling. Up to 99 loops can be
defined for each component.
Note: To reduce the time required to retrieve data when multiple instrument
items have been added, select in Preferences to not display all items. If
Display P&I Installation Items is unmarked on the Preferences General tab
view, selecting Instrumentation will display a dialog box from which you can
select the item you want to edit or select to add a new item. See page 51 for X X
Electrical
The Electrical installation bulk specifies local equipment lighting, control wiring and
power/cable and motor starters for up to three different types of electrical loads.
Communication and Alarm Systems include:
PAGA - Raceway Length 30% of the cable length (3 cables per tray)
CCTV - Cable Run per Item Distance from the equipment cabinet to the JB + Distance from
the JB to the field device. 100 + 50 = 150 feet
Telephone - Raceway Width 4 inch tray with material and tray type depending on the selection
made in the LAST AREA electrical specs
Telephone - Cable Distance from the equipment cabinet to the JB + Distance from
the JB to the field device. 100 + 50 = 150 feet
Telephone - Junction Boxes 0
Telephone - Video Conference 1 per administration building (ONLY 1 for the whole project).
Area Network System
(LAN/WAN)
Area Network - Equipment 1 cabinet per project
Cabinets
Area Network - Raceway Length 90% of the cable length (1 cable per tray)
Area Network - Raceway Width 4 inch tray with material and tray type depending on the selection
made in the LAST AREA electrical specs
Area Network - Cable Distance from the equipment cabinet to the JB + Distance from
the JB to the field device. 100 + 50 = 150 feet
Radio Systems - Cable Distance from the equipment cabinet to the JB + Distance from
the JB to the field device. 100 + 50 = 150 feet
CAT5 cable length 350 meter cable/building (25 pair OSP CAT5 armor cable)
Notes:
Icarus estimates the above mentioned devices for each area and adds
all those together after the LAST AREA and reports it with the LAST
AREA.
Icarus estimates grounding costs for the poles.
For buried cable Icarus estimates excavation costs.
Cables are estimated depending upon the number of devices in the
system. Equipment cabinets, Junction boxes are not considered as
devices
Buildings
Paint
The Paint installation bulk specifies surface preparation and painting of component
and installation bulk steel. Paint for pipe is specified under piping. Entry field
specifications include:
Size of area to be painted
Number of prime and final coats
Percent of painted area to be sandblasted
Galvanizing (for steel)
To import a component:
Drag the component to the desired area in Project Explorer, Project view.
Aspen Process Economic Analyzer adds the component to the area.
3 Drag the scenario from the Palette to Project Explorers Project view.
Aspen Process Economic Analyzer displays a confirmation window.
4 Click Yes.
The areas and components of the selected scenario are imported.
Note: You can only import scenarios that have the same units of measure as
the current scenario. If the units of measure are not the same, a dialog box
will inform you of this when you try to import.
Copying Components
The Copy command copies a selected component and all of its associated installation
bulks. This is useful if you want to add a component which is similar to an existing
item. The item can be copied and modified with less effort than creating a new item.
Remember to change the Item Description when copying components to distinguish
the copy from the original.
Note: If the area contains a component with the same name as the one being
pasted, Aspen Process Economic Analyzer changes the new components
name so that #1# appears at the beginning.
Modifying Components
You can modify the following components using Spreadsheet View:
Vessels
Towers
Heat Exchangers
Pumps
Quoted Components
Note: You cannot use this feature if a component specs form is open that
would let you edit data that would also be editable in the spreadsheet view.
Deleting Components
The Delete command removes a component and all associated installation bulks from
the project.
To delete a component:
1 Right-click the component in either Project Explorer or the List view; then
click Delete on the pop-up menu.
A confirmation dialog box appears.
Note: You can select in Preferences not to have this prompt appear (see
page 51).
X X
Re-numbering Components
After deleting components, you may want to re-number the remaining components so
that the numbering contains no gaps and reflects the order in which components were
added.
For example, if you add components A, B, C, D, and E in that order, the automatically
generated Order Numbers would be 1, 2, 3, 4, 5, respectively (the Order Number
appears on the List view). If you then delete components B and C and re-number,
To re-number components:
On the Run menu, click Re-number and then click Project Components
on the sub-menu.
Deleting Areas
The Delete Area command removes the selected area and all of its components.
To delete an area:
1 Right-click the area in Project Explorer.
2 On the menu that appears, click Delete Area.
A confirmation dialog box appears.
Note: You can select in Preferences not to have this prompt appear (see
page 51).
X X
Re-Numbering Areas
Areas have reference numbers that are internally stored and then used by the
Evaluation Engine. They are not visible in the current version of Aspen Process
Economic Analyzer. Just as with components, re-numbering is intended to close gaps
in the numbering after deletion.
To re-number areas:
1 On the Run menu, click Re-number.
2 On the menu that appears, click Project Areas.
Note: Before using this tool, you must select the Activate Custom Model
option on the Process tab in Preferences. See page 51 for information on
accessing Preferences.
1 In Project Explorer, Project view, right-click the pump or mixer
component that you want to customize.
2 On the menu that appears, click Custom Model.
The User Custom Model dialog box appears. It displays the name of the project,
scenario, and project component selected for the operation. It also displays available
Microsoft Excel (.xls) template files.
Input specs have been placed on the Custom Rules along with sample alterations for
the following:
Mixer with three inlet streams and one exit stream
Pump with connection streams, material and man-hour adjustments
Pipe item details
The Output worksheet displays the same component specification slots as on the
Input worksheet. However, you can customize the values on the Output worksheet.
Creating a Template
To create a template for a component:
1 Open GeneralModelTemplate.xls; then save it as another file. The
folder in which you store Custom Model files is specified on the Locations
tab in Preferences (APICustomModelDir). The default is:
AspenTech\Economic Evaluation V9.0\Program\API Custom Models
2 Starting on Row 6, Column B for item information, enter the slot names
for the specifications that you want to have sent from Aspen Process
Economic Analyzer when the file is run for a component.
Note: the output will be based on the values in the Output workbook in
Excel. If the Output workbook contains formulas based on input, changes in
input since originally running the Custom Model will affect the output when
the Custom Model is re-run.
This re-runs all custom models stored in the Custom Model tool.
Overview
Note: To see the list of the Equipment and Slots of those Equipment which
will be affected by mapping when you do Map Based On Last Session, see
Appendix A. The slots listed on the table in Appendix A WILL CHANGE.
If interactive sizing is not available, Aspen Process Economic Analyzer sizes the item
automatically using the simulator data.
for instructions on creating inlet and outlet streams. If the component is one of those
for which interactive sizing is available (see list on page 209), the Interactive Sizing
form is displayed during sizing. See Using the Interactive Sizing Form for instructions
on connecting a component to streams during sizing.
The Re-Size command will clear all the previous sizing results and then size the
equipment based on the current process conditions (those that you have entered and
those available from the currently loaded simulator file). Therefore, if the component
being re-sized is one of those for which interactive sizing is available, the Interactive
Sizing form that appears is blank.
If you would like to keep some of your component specifications (that is,, not have
them replaced by those calculated by the Sizing Expert), do not use the Re-size
command. Instead, use the Size command or the Size button to access the
Interactive Sizing form with current specifications retained, rather than cleared. Then,
clear all fields except those you want to retain and click OK to execute sizing. Aspen
Process Economic Analyzer will re-calculate only the blank fields.
9 Click OK to return to the Develop Streams dialog box, where you now
need to create an outlet stream.
10 In the tree structure, click User. Notice that the inlet stream that you just
created is now displayed under User.
13 Click OK.
The Develop Stream specifications form appears. Specifications that appear gray are
the same as those of the base stream. Any modifications made will appear black.
Note: In order for the Sizing Expert to run, you must select process fluid
streams (one at Inlet and one at Outlet conditions) for at least one side (hot
or cold side).
Any other data you provide (for example,, Duty, Overall heat transfer
coefficient, LMTD, and so on) helps the Expert do its job better, but is not
necessary.
-or-
If you are cooling a fluid, select the stream carrying the fluid to be
cooled.
B If you are cooling a fluid, select a heat sink utility to use as a cooling medium.
10 Click the Cold Outlet Stream field and then click to access the
drop-down list of utility resources and user-created streams.
If you are heating a fluid, select the stream carrying the heated fluid from the
exchanger.
If you are following the example, select the Process-OUT stream that you
created in the previous set of instructions (see Creating Streams, pages 210 X X
through 214).
X X
If you are cooling a fluid, select again the heat sink utility to use as the cooling
medium.
11 Click Apply. Aspen Process Economic Analyzer fills in the other fields on
the Interactive Sizing form.
3 To add or remove a custom model to the sizing selection list, click New
Sizing; then click your choice on the list of available custom models (see
Figure 3).
The current sizing list for the equipment model is order dependent (see figure 4).
Once this library has been specified, it must be selected in the project (see figure 5).
Sizing Areas
The Area sizing feature in Aspen Process Economic Analyzer develops length and width
of an area from the equipment in the area. When actual area dimensions are not
available, you can get a better estimate of area length and width from the system
when these parameters are not specified in the area specs form.
The system calculated area length and width is used in the design of all area bulks.
You can use the system calculated area parameters as the area specs.
Sizing Requirements,
Calculations, and Defaults
Certain types of components have minimum input requirements for sizing. Those
requirements are provided in the following sections, along with explanations of how
the sizing is calculated for different component types.
Air Coolers
Sizing Procedure
The air cooler thermal and detailed mechanical design equations are given below:
where:
Q = Heat Duty
U = Heat transfer coefficient
A = Bare tube surface area
MTD = Mean Temperature difference
LMTD = Log mean temperature difference, based on
purely countercurrent flow
f = Temperature correction factor
N_bays = Number of bays
N_tube_rows = Number of tube rows
N_tubesPerRow = Number of tubes per row (takes into account the
presence of a fan shaft)
Tube_length = Length of tubes
The process fluid properties (temperature, pressure, and specific heat capacity) are
assumed to be constant throughout the air cooler and are estimated as the mean of
the inlet and outlet stream properties. The required heat duty is calculated from the
inlet and outlet process stream conditions if it is not specified.
The process fluid stream temperatures, inlet and exit, are used along with the
temperatures specified for the air stream (Design Criteria specifications) to calculate
the LMTD. The temperature correction factor is then used to calculate the MTD.
If the process fluid temperatures and air temperatures are appropriate, meaning that
there is no temperature crossover and the temperature approach at the ends is
reasonable, then the surface area required for the given heat duty is estimated using
the thermal design equation. The air flow rate needed to realize this heat duty is then
calculated using the specified ambient and outlet air conditions.
An iterative algorithm has been developed to size the air cooler. The sizing routine
calculates the heat duty that can be realized using the specified tube bundle geometry
(bay width, number of tube rows, and tube length). It assumes defaults for
parameters that you have not specified. If the computed heat duty is larger than the
heat duty actually required, the iterative procedure terminates. The tube bundle
arrangement used represents the specification of the air cooler selected. If the
calculated heat duty does not meet the required heat duty then a bigger air cooler is
chosen (that is, parameter values are increased) and the above procedure is repeated.
The iterative procedure terminates either when a tube bundle geometry that can meet
the heat duty requirements is found, or when even the largest available air cooler
does not meet the process requirements.
Defaults
Tube pitch = 2.5 INCHES
Tube thickness = 0.125 INCHES
Bay width = 4 ft to 20 ft
Tube rows = 3 to 6
Maximum Tube = 3*Bay width
length
Agitated Tanks
Sizing Procedure
The capacity of the agitated tank is determined by the following equation:
C = Q * (T_r / 60.0)
where:
C = Capacity , CF
Q = Liquid volumetric flowrate, CFH
T_r = Liquid residence time, MINUTES
The diameter of the agitated tank is determined using L/D and geometry:
C = (/4) * D^2 * L
where:
D = Diameter of vessel, FEET
L = Fluid height, FEET
where:
H = Vessel height, FEET
h_d = Vapor disengagement height, FEET
Design parameters are based on the current Design Criteria specifications if available:
Length/Diameter Ratio: = 3
Default
Vapor disengagement height: = 1 FEET
Default
Agitator type: Default = ANCHOR
Driver type: Default = STD
Impeller type: Default = T6FB
Operating pressure is obtained from the simulator report. If the report does not have a
value, then the pressure of the inlet stream having the maximum value is chosen as
the operating pressure.
The operating pressure is used to obtain the L/D ratio (if user specification is absent).
If P <= 250 PSIA, then L/D = 3
If 250 < P <= 500 PSIA, then L/D = 4
If P > 500 PSIA, then L/D = 5
where:
P = Pressure, PSI
L = Fluid height, FEET
D = Diameter of vessel, FEET
The project component must have at least one process stream connected to the inlet
and exit. Also, since the sizing procedure is based on the liquid holding period, at least
one of the streams should have liquid phase.
The design pressure and temperature are based on the operating pressure and
temperature as modified by your entries on the Design Criteria specifications form.
Compressors
Sizing Procedure
The capacity requirement for the compressor is calculated from the inlet stream
information. The inlet stream flow rate and density are used to estimate the total
volumetric flow rate through the compressor.
Defaults
Minimum inlet pressure for air compressors is 14.696 PSIA
Crushers
Sizing Procedure
The sizing expert estimates the solid flow rate from the inlet stream information. The
crushing ratio (feed to product size) is set at 4.
Work index is the total energy in KWH/TONS, needed to reduce the feed to a size so
that 80% of the product will pass through a 100 micron screen. The sizing expert in
Aspen Process Economic Analyzer assumes a default value of 13.81 for the material
work index.
The total driver power required for the crusher is calculated using material work index
and the value of the product size.
The following equation is used to estimate the driver power:
P = 1.46 (T_m) (W_i) ( 1/(d_p ^ 0.5) - 1/(d_r ^0.5))
where:
P = Driver power, HP
Defaults
Material Work Index: 13.8 KWh/ton
Size Reduction Ratio: 4
Crystallizers
Additional Information
Final Product size
Sizing Procedure
The sizing program calculates the crystallizer capacity based on the inlet and exit
stream information.
Default value of 0.83 MM is used as final product size if the user-specified value is not
available from the simulator report.
In addition, the following defaults values are used for the design parameters:
Growth = 0.36 MM/H
rate
The residence time in hours for a batch crystallizer is determined by the following
relation:
Residence time = d_p / (3 * R_g
where:
d_p = Product size, MM
R_g = Growth rate, MM/H
Based on the minimum and maximum values for the required fields in the component
specification form, the number of additional crystallizers are estimated.
Dryers
Dust Collectors
Sizing Procedure
The sizing program estimates the vapor volume flowing through the dust collector
using the exit stream information available from the simulator report.
In case of cyclones, the sizing program assumes a default linear velocity of 150 FPS.
The height to width ratio is fixed at 2.5.
Using the above defaults, the volumetric rate through the separator is obtained using
Zenz correlation represented by the following equation:
Q = 2.5 (D ^ 2) V / 16
where:
Q = Vapor volumetric rate, CFS
D = Cyclone separator diameter, FEET
V = Linear velocity, FPS
For baghouse dust collectors, the sizing program uses Nylon as the default filter cloth
material to determine the air to media ratio which then determines the diameter of the
separator.
Air to media ratio is the flow rate of air (at 70 DEG F) in CFM. The default ratio results
in a pressure drop of 0.5 INCHES of water when passed through 1 SF of clean fabric.
The sizing program uses a default air to media ratio of 10 CFM.
The minimum and maximum values of the required field(s) shown in the component
specification form are used to determine the number of identical equipment items.
Sizing Procedure
The sizing program calculates the total amount of filtration product rate based on the
exit stream information. Based on the type of filter selected, the average dimension of
the filter equipment is selected and the filter size is then optimized for the given
operation such that the dimensions selected for the equipment are within the
minimum and maximum values as specified by the knowledge-based engine.
In case of batch filtration, a default batch time of 0.25 HOUR is used. In case of plate
and frame filters, default value of cake thickness of 0.3 FEET is used.
In the case of continuous operation, the cycle time default is 0.08 HOUR. Based on the
actual capacity requirement and the maximum and minimum sizes provided by the
knowledge-based engine, the number of identical items is determined.
Heat Exchangers
The heat exchanger sizing program estimates the heat transfer area required for the
given operating conditions. The model also performs detail estimation of the number
of tubes, tube length, and other internal components of the heat exchanger based on
either user-defined specifications (from the process simulator report or the Design
Criteria specifications form) or system defaults.
Sizing Procedure
The process stream(s) are classified into various categories. The Primary Fluid
Component class that you specify for the process fluid(s) flowing through the heat
exchanger is used to estimate the following design parameters:
Latent heats (vaporization and condensation)
Fouling resistance
Specific heat capacity of the fluid
Liquid film resistance
Overall heat transfer coefficient
Duty requirement for the heat exchanger is either directly obtained from the simulator
report or estimated based on the inlet and exit process stream information for the
process model. In case the fluid undergoes phase change, a boiling point temperature,
Tb, is estimated that would lie between the inlet and exit stream temperature. The
estimated Tb is then used in the calculation of the sensible and latent heats based on
the Primary Fluid Component. The sensible heat of any solids present in the stream is
also accounted for in the duty calculation.
applied if it has been selected on the Design Criteria specifications form (see page 86). X X
If only the process fluid conditions are specified by the simulator model, the heat
exchanger sizing program determines the appropriate utility from the list of utilities
that you specify using the Utility Specifications accessed from Project Basis view (see
page 96). If multiple utilities are available for heat transfer, then the sizing expert
X X
uses the utility fluid with a temperature approach closest to the process fluid. This
minimizes the heat transfer losses. However, a minimum of 1 degree Fahrenheit
difference in the final temperature of the process fluid and the utility fluid must exist
for the utility fluid to be selected for the process. If an appropriate utility fluid is not
available for the heat transfer process, the heat exchanger sizing program will
terminate without estimating the heat exchanger size requirements.
The mean temperature difference (MTD) is estimated based on the fluid temperature
for both the shell and the tube side. It also depends on the flow configuration for shell
and tube heat exchangers, which is specified by the number of shell and tube passes.
For reasons of compactness of equipment, the paths of both fluids may require several
reversals in direction. Mean temperature differences in such cases can be obtained by
applying a factor (called the F-factor) to the terminal temperature difference. The
logarithmic mean temperature difference (based on purely counter current flow) is
multiplied by the F-factor to obtain the mean temperature difference.
If the temperatures are not properly entered then appropriate warning messages are
displayed. In such cases it recommended that you check the inlet and outlet
temperatures of the shell and tube side streams and verify that they are realistic.
The overall heat transfer coefficient is either directly obtained from the simulator
report or evaluated based on the shell and tube fluid properties (film resistance,
fouling tendency present for the various processes in the system database).
The heat exchanger sizing program determines the position of the fluids in the shell
and tube heat exchanger. The position depends on both the process and utility fluid
class.
If duty is provided by the simulator report, then you can override the value only
through interactive sizing.
The final heat transfer area is obtained by multiplying the heat transfer area,
calculated based on the duty required, with the Heat Exchanger Minimum Overdesign
Factor. If you do not specify an overdesign factor then the default value is used from
the Design Criteria specifications.
If the duty generates a surface area less than minimum required for practical design,
the item report will give the appropriate warning message.
FLOAT HEAD or U-TUBE heat exchangers have an even number of tube passes. If you
enter an odd number for the number of tube passes for any of these heat exchanger
types, Aspen Process Economic Analyzer generates warning messages.
The shell and tube design pressure and temperature are based on the maximum
operating conditions of the fluid flowing through the shell and tube respectively. The
Design Criteria specifications form lets you change them according to individual
project requirements.
General Information
The utility requirement is estimated only when the system determines the utility fluid.
If both shell and tube side fluid stream information is specified in the simulator report,
then the system assumes that both of the fluid streams are process streams and that
no utility fluid is expended.
Presently, the model defaults are used for determining the material of construction.
For shell and tube heat exchangers, if the heat transfer surface area calculated by the
sizing program is greater than the largest heat exchanger designed by the design and
cost engine, then the heat exchanger is divided into multiple shells with identical
configurations. The capital cost estimation is then calculated based on the complete
heat exchanger.
Pumps
Flow Rate/Capacity
Pump flow rate is obtained from the simulator information. If the information does not
exist, then pump flow rate is calculated based on the stream flow rates. The stream is
assumed to be completely liquid phase and no check is made for presence of vapor
phase.
The pump flow rate obtained from the simulator information is multiplied by the pump
overdesign factor, also referred as the capacity over-design factor, present in the
Design Criteria specifications file.
Pump % Efficiency
Pump efficiency is directly obtained from the simulator. If the value is not present in
the simulator report, then the default value of 70% is used.
Pump Overdesign
You can modify the pump overdesign factor either on the Design Criteria specifications
form or the Interactive Sizing form. Modifying the overdesign factor using the Design
Criteria specifications form (page 86) will applies the new factor to all the pumps in
X X
the project. Modifying the overdesign factor for a pump using the Interactive Sizing
form (page 214) applies the factor only to that particular pump. This lets you either
X X
specify the factor for all pumps or specify the factor individually for each pump.
Driver Power
If you specify a driver power in the component specification form then this value is
used. If the user does not provide the value then it is calculated by the cost engine.
The Icarus Evaluation Engine calculates the hydraulic horsepower based on the
capacity, viscosity and head, and then uses the pump efficiency to estimate the brake
horsepower. The brake horsepower is compared against a set of standard available
motor sizes to estimate the pump driver power.
If multiple inlet streams are present, the minimum value of pressure is used for
determining the operating pressure of the equipment.
Screens
Sizing Procedure
The sizing program determines the capacity of the screen based on the inlet flow rate
estimated from the stream information.
The screen opening size is used to determine the final product size.
The feed material for the vibrating screen is obtained from the Design Criteria
specifications. The following choices are available:
Sand and Gravel
Limestone/Crushed Stones
Coal
Cinders
Coke
Wood
The material type affects the screen unit capacity which is defined as the amount of
solid (in tons per hour) flowing through one square foot of screen cloth based on
material, having 6 to 8% moisture, screen cloth having 50% or more open area; 85%
screen efficiency.
Based on the material selected and the screen opening size, the screen unit capacity is
chosen. Further, the sizing program assumes that five layers of particles are present
on the screen. The surface area required for the vibrating screen is obtained.
Towers
Sizing Procedure
The distillation column sizing module can be used to size the following Icarus process
equipment:
DDT TRAYED
DDT PACKED
TW TRAYED
TW PACKED
DC HE TW
The following simulator models can be used to generate the necessary process
information required for successfully executing the application:
Simulator Models used
Sidestrippers
Sidestrippers attached to tower models are separated from the main tower model
during the loading process. Sidestrippers load information from the same tables in the
report from which the main tower information is discerned.
COLUMN SUMMARY
NET FLOW RATES HEATER
TRAY TEMP PRESSURE LIQUID VAPOR FEED PRODUCT DUTIES
DEG C KPA KG-MOL/HR M*KJ/HR
SIDESTRIPPER ABC
Information is obtained for the sidestrippers in the same manner as for the main tower
unit (Refer to information for obtaining process data for main tower unit).
Pumparounds
The inlet and outlet fluid conditions for pumparounds are obtained from the stage
information to which the unit is connected. Additionally, the duty associated with each
pumparound is loaded into the unit. This unit is then separated during the loading
process and is treated as an independent simulator model which can be mapped and
sized on its own.
For example, the information required by pumparound units in PRO/II are obtained
from the following part of the column report:
COLUMN SUMMARY
PUMPAROUNDS
When sizing information is present in the report, the mapping program loads all the
relevant information present in the sizing sections.
For example, in the case of a RADFRAC model for Aspen Plus, the following portion of
the sizing report is loaded in Aspen Process Economic Analyzer for every section:
TRAY SPECIFICATIONS
TRAY TYPE SIEVE
TRAY SPACING METER 0.60960
PACKING SPECIFICATIONS
PACKING TYPE BERL-SADDLE
HETP FT 2.00000
PACKING HEIGHT FT 16.0000
Sizing Procedure
The sizing procedure varies depending on the type of internals desired and the
simulator model used for the operation. The procedure described below gives a
description of the actual steps used by the sizing module to estimate the sizes for the
different types of trayed and packed towers.
where:
EOC = efficiency, OConnell Correlation
L = viscosity of liquid, CPOISE
= relative volatility of key component
A default value of 1.5 is used for the relative volatility of key components that you can
modify on the Design Criteria specifications form. The liquid viscosity is either directly
obtained from the report or estimated from the fluid classification.
Once the internal height of the column is estimated (based on the actual
number of trays), additional height for vapor disengagement and liquid
return is based on your Design Criteria specifications.
In general, the number of stages provided by the simulator report
represent the theoretical number of stages. However, if detailed design of
the tower has been done by the simulator using tray efficiency, then the
number of trays are actual trays. If Aspen Process Economic Analyzer
finds that the number of trays are actual, then it uses the value to
estimate the height and does not add any additional tray efficiency.
Section 1:
Diameter = 5 FEET
Tray Spacing = 24 INCHES
Stages = 2 to 4
Section 2:
Diameter = 6 FEET
Tray Spacing = 30 INCHES
Stages = 5 to 7
Section 3:
Diameter = 8 FEET
Tray Spacing = 18 INCHES
Stages = 8 to 10
The sizing program will design a double diameter tower with the following dimensions:
Top Section = 6 FEET
Diameter
Top Section Tray = 30 INCHES
Spacing
Top Section Stages = 2 to 7
Bottom Section = 8 FEET
Diameter
Bottom Section = 18 INCHES
Tray Spacing
Bottom Section = 8 to 10
Stages
The program estimates the cross sectional area for each stage. Then, the maximum
value is used to design the single diameter tower. In case of double diameter tower,
the program estimates the diameter for the bottom section and the top section based
on the cross sectional area estimated for each stage.
Bibliography
Distillation Design, by Henry Z. Kister.
Applied Process Design For Chemical And Petrochemical Plant, Volumes 1 and 3, by
Ernest E. Ludvig.
Standard Handbook of Engineering Calculations, by Tyler G. Hicks
Chemical Engineers HandBook, by Perry and Chilton, 6th Edition.
D 0.0956 Wv / K L v 12
where:
D = Diameter, FEET
Wv B B = vapor flow rate, LB/H
L
B B = liquid density, LB/CF
v
B B = vapor density, LB/CF
where:
FL = Pressure drop at flood point
Fp Packing factor
Note: You can provide the value for the packing factor on the Design Criteria
specifications form. The system defaults are used for each of the different
types of packings if you do not enter a value.
Once this pressure drop is known, the flood velocity is calculated using the
latest version of GPDC (Generalized Pressure Drop Correlation) charts for
both random and structured packings.
HETP Prediction
You can provide the HETP value on the Design Criteria specifications form. If the
value is not specified, rules of thumb prediction reported in literature are used to
predict the packed tower efficiency.
For random packing columns, the following rules are used for estimating HETP (FEET):
HETP = 1.5 dp
dp = Packing diameter, INCHES
HETP > DT for DT < 2 FEET
For estimating the structured packing efficiency, the following rule of thumb is used:
HETP, = 1200 /ap + 4
INCHES
ap = Packing surface area per unit volume, SF/CF
System Defaults
The following system default values may be modified on the Design Criteria
specifications form and Component Specifications form:
General Defaults
Top vapor = 4 FEET
disengagement
height
Bottom sump height = 6 FEET
Vessels
Horizontal Vessels
The following graphic shows a typical horizontal vessel.
The following design variables are specified on the Design Criteria specifications form:
Residence Time
Process Vessel Height to Diameter Ratio
Design Requirements
The maximum number of exit streams is three; two of the streams can be liquid.
Calculating Diameter
Vessel diameter is based on the maximum allowable vapor velocity inside the
separator, to reduce the liquid entrainment in the vapor.
The following two methods are available in Aspen Process Economic Analyzer (chosen
from the Design Criteria specifications) to obtain vapor velocity.
Liquid Entrainment Method
Particle size separation method.
Calculating Length
Vessel liquid holdup volume is obtained based on the light liquid flowrate and the
residence time. The vessel length is then calculated as given below:
l_vol = l_vfr * r_t
L = (l_vol * 4) / ( * D^2 * (1 - r_vc))
where:
l_vol = Liquid holdup volume
L = Length
l_vfr = Light liquid volumetric flowrate
r_t = Residence time
r_vc = r_vc
where:
hl_vfr = heavy liquid volumetric flow rate
hl_vel = heavy liquid velocity
l = boot length
d = boot diameter
Vertical Vessels
The following graphic shows a typical vertical vessel.
The following design variables are specified on the Design Criteria specifications
form:
Interconnecting Volumetric
P&ID Lines
Connect pipelines between components in an Aspen Capital Cost Estimator project,
estimate the project, and create piping line list report for connected lines with the
same line tag.
3 On the list in the Connect From and Connect To groups, click the
desired equipment item.
The line lists will then display only the lines corresponding to the selected equipment.
When the mouse hovers over an equipment or a line, the tooltip in the list provides
additional information related to this item. The related additional information is also
displayed in the bottom text area when clicking on an equipment or a line.
The GUI displays four lists. All the streams are displayed in the STREAM list box. All
equipment and their associated pipelines in the project are displayed in the last two
list boxes. The middle list displays all mapped streams and lines.
4 Repeat steps 1-3 above to map all the desired streams and lines.
Note: Use Filter to display all unmapped equipment and all unmapped lines
if needed.
The Libraries view on the Palette arranges libraries in a tree-structure. Most of the
libraries listed access project specifications (explained in Chapter 3). The Cost
Libraries are unique, however, in that they comprise collections of particular cost items
that you can add as project components. The cost libraries are customizable; you can
add items to the libraries provided, as well as add your own libraries.
Aspen Process Economic Analyzer includes two types of cost libraries: Equipment
Model Library (EML) and Unit Cost Library (UCL). Each library type may include one or
more library files, which in turn may contain one or more library items, each
representing a particular type of cost item.
To create an EML:
1 With no project open, go to the Palettes Libraries tab view.
2 Expand Cost Libraries in the tree-structure, and then expand Equipment
Model Library.
The libraries are divided into Inch-Pound and Metric.
3 To create a library for use in projects with an Inch-Pound units of measure
basis, as in the example used in these instructions, right-click Inch-
Pound; then click New on the pop-up menu.
Note: If you just added a library, the Library dialog box is displayed, and
you can skip to Step 2. If not, follow these steps:
1 Go to the Palettes Libraries tab view.
2 Expand Cost Libraries, Equipment Libraries, and either Inch-Pound or
Metric. (If following the example provided, select Inch-Pound.)
6 Click OK.
7 Enter the descriptive data for a the item in the Develop Equipment Model
Library form. If following the example, enter the data exactly as shown
below. Be sure to correctly enter the sizing parameters, CAPFLOW and
PWRDRVR; Aspen Process Economic Analyzer knows to use GPM (or L/S
for METRIC) and HP, respectively, for these parameters.
6 On the Select an Equipment Model Library Item dialog box, select the
item you added; then click OK.
Note: If you want to use sizing parameters with the EML, you must use one
of the sizing parameter symbols listed below:
Symbol Description
AREA Heat Exchanger Area
AREAH Area Height
AREAL Area Length
AREAW Area Width
CAP Liquid Volume
CAPACITY Liquid Volume
4 Click OK.
5 In the Develop Unit Cost Library form, enter information for the new item.
After the above are added, the Library dialog box will appear as shown below.
6 On the Select a Unit Cost Library Item dialog box, select the item you
added and click OK.
Aspen Process Economic Analyzer retrieves the unit cost data you set up in Libraries.
5 At the Select a Unit Cost Library Item dialog box, select the first item
to add to the assembly and click OK.
7 Click Add.
8 On the Select a Unit Cost Library File dialog box, select the UCL
containing the next item to add to the assembly and click OK.
9 On the Select a Unit Cost Library Item dialog box, select the next item
to add to the assembly and click OK.
The file is now included in the Palette and its items can be added as Aspen Process
Economic Analyzer project components.
Two modules within Aspen Process Economic Analyzer, Analyzer Scale-up Module
(ASM) and Analyzer Relocation Module (ARM) let you evaluate alternate plant
capacities and locations.
Analyzer Scale-up Module (ASM) When you change plant capacity, Analyzer re-
sizes each project component to your desired plant capacity. Unique expert system
rules, based on engineering principles, provide the basis for revising the size of every
project component in the process facility that is implicated in stream flows, as well as
the size of other plant facility components in the plant layout, including process and
utility components inside battery limits (ISBL) and outside battery limits (OSBL),
associated installation bulks, piping, cable runs, buildings, structures, pipe racks, and
site improvements. Quoted costs and installation hours, and in some instances,
numbers of identical items (for example, the number of trees along a fenceline) are
also subject to change on changing production capacity.
Limiting Conditions
It is possible that on extreme capacity scale-ups, sizes of certain equipment or bulk
items may surpass a system limiting value. In this case, an error condition would be
issued. The user would then examine the scaled model for the particular item(s) and
revise the size and number of out-of-range items accordingly, as an item in an error
condition would be excluded from the estimate.
Warning messages are generated after project scaling (via ASM) is performed
notifying users if scaling rules could not be applied to certain equipment
components due to min/max limits on equipment specs being reached. In the
event scaled values fall outside either min. or max. equipment spec limits, the
Scale-up Candidates
ASM rules apply to the following types of project information:
1 Area specs: distances, dimensions, cost per unit weight
2 Project Component specs: specific rules based on item type and
specification, typically size dimension, capacity, power and occasionally
number of items
Note: Several sanitary process equipment items associated with batch food
processing are not scaled.
3 Installation specs: quoted costs, hours and numeric dimension specs for
piping, duct, civil, steel, electrical, insulation, paint. Text-based sizes such
as pipe schedule, wire size, and so on are symbolic and are not scaled.
4 Project Component Quoted Cost and Hours: While ASM has rules for
quoted cost and hours, the ASM rule may not be the best for your type of
item. Here, its better to apply a % Adjustment to the systems estimated
cost in an amount that will bring the estimated cost up to your quoted
value. Then, on scaling, the new reported cost will be calculated by
applying your % Adjustment to the estimated cost. Based on the scaled
sizes.
o Quoted hours: based on item type
o Quoted weight: based on item type
o Stream flow rate: scaled to the new capacity
Relocation Terminology
Baseline project: initial case, before executing ARM.
Relocated project: after ARM processing of the baseline project.
Relocation: a process of evaluating an initially formulated project
(baseline project) to a new location (relocated project).
Locations: a general location, characterized by a city and country name,
which is used to represent a particular EPC function. The function may or
may not be physically sited in that city.
Engineering location: city and country name used to characterize the
engineering workforce assigned to the project.
Plant location: city and country name used to characterize the plant site.
Workflow
The figure below shows the general work process. ARM specs, contained in the ARM
rule set are applied to the users model. A description of the elements in the table is
provided in the section following the Workflow.
Baseline Reports
U
Relocation Reports
U
ARM Specs
Project
Specs
Construction Engineering
Fee Cost
Construction Material
Cost Cost
Project
Contingency
Note: ARM shares space with ASM and AEM and Evaluate Project on the
four-part Decision Analyzer dialog box.
3 Select the check box Change Plant Location to.
4 Click the Plant Location from its pull-down list.
5 Click the Engineering Location from its pull-down list.
6 Use the remaining check boxes to select options to:
o Enable escalation for Aspen Process Economic Analyzer projects.
o Retain your defined construction start date and duration. If unchecked,
a new date will be developed on relocation.
Note: The last line on the Decision Analyzer dialog box displays three pieces
of information:
plant location
currency name
currency symbol, in parentheses
This information is a reminder to users of the Analyzer Economics Module (AEM) who
are interested in reporting costs in currency different from the plant location currency.
For this, two entry slots are provided for an exchange rate and symbol. If AEM is not
invoked, values so entered will not affect the reporting aspects of relocation aspects.
In Figure 2, the user elected to run AEM. This would take place immediately after ARM
completed the relocation process, described as follows.
Figure 2. Decision Analyzer Dialog Box Illustration for a plant to be engineered
in Rotterdam and constructed in Singapore. The currency of the plant location is
displayed in the last wire-frame.
Location Specs
ARM is formulated for 89 locations in 33 currencies. Locations listed below include the
four Icarus country base locations. The locations are similar to those in the Aspen
Richardson International Cost Factor Manual list.
Locations are organized and sorted by continental region, country and city. For
Canadian and US locations, names include state, province or territory. Conventional
short forms of country and city names are used for simplicity.
Regions - The number of locations for each region is listed in Table 1.
City Locations outside the US are listed in Table 2
US locations are listed in Table 3.
Medellin, Colombia
Lima, Peru
Caracas, Venezuela
Exchange Rate
Currency Currency Currency , per USD
Country Description Name Symbol (1 Jan 2011)
Argentina Argentine Peso Peso-A P 4.0025
Australia Australian Dollar Dollar-A A$ 0.982
Brazil Brazilian Real Real R 1.6763
Canada Canadian Dollar Dollar-C C$ 0.9985
China Chinese Yuan Renminbi R 6.5922
Renminbi
Colombia K Colombian Peso K Peso K-P 1.94025
Egypt Egyptian Pound Pound-E PDE 5.873
European Union Euro Euro EUR 0.7497
Guatemala Guatemalan Quetzal Quetzal Q 8.1625
India Indian rupee Rupee R 45.4683
Indonesia K Indonesian Rupiah K Rupiah K-R 9.09918
Japan K Japanese Yen K Yen K-Y 0.08138
Kuwait Kuwaiti Dinar Dinar DK 0.2817
Malaysia Malaysian Ringgit Ringgit R 3.113
Mexico Mexican Peso Peso-MX P 12.3931
Morocco Moroccan Dirham Dirham-M D 8.5059
Nigeria K Nigerian Naira K Naira K-N 0.15435
Peru Peruvian Nuevo Sol Nuevo Sol NS 2.8407
Phillipines Phillipine Peso Peso-P P 44.7753
Poland Polish Zloty Zloty Z 2.9695
Russia Russian Rouble Rouble RBL 30.5259
Saudi Arabia Saudi Riyal Riyal R 3.7521
Singapore Singapore Dollar Dollar-S S$ 1.2853
South Africa South African Rand Rand ZAR 6.6392
South Korea K South-Korean K Won K-W 1.13636
Won
Taiwan Taiwan Dollar Dollar-T T$ 29.175
Thailand Thai Baht Baht B 30.1871
Turkey Turkish New Lira New Lira NL 1.5473
United Arab Utd. Arab Emir. Dirham-U D 3.6731
Emirates Dirham
United Kingdom British Pound Pound-UK PDS 0.6452
United States US Dollar Dollar US USD 1
Venezuela K Venezuelan K Boliv K-B 4.3105
Bolivar
Vietnam K Vietnamese Dong K Dong K-D 19.6129
Belgium
France
Germany
Ireland
Italy
Netherlands
Spain
Construction
The ARM knowledge base contains a comprehensive set of construction workforce
values, which should be considered as a starting point in the evaluation of a project.
Concerned users should replace the ARM knowledge base values in their relocated
project with more representative values obtained from company surveys of the
intended site.
The following are provided by ARM for each construction work force location:
Field Craft rates hourly rates (nearly all-in) for each of 28 field crafts
in the construction work force slate and a foreman differential for each
location. By nearly all-in, we mean that each craft rate is a unique
composite of the following rate contributions:
o Craft Worker Base Hourly Wage Rate
o Health, Welfare, Pension
o Fringe Benefits
o Hourly Indirect Rate for:
Temporary Construction
Consumables and Small Tools
FICA Unemployment Workers Compensation Insurance
Multi-level construction
Craft rates in the ARM knowledge base do not include indirect construction
costs for the following categories as these would be determined during project
evaluation:
o Construction Equipment Rental, including Fuel, Oil, Lubrication,
Maintenance (FOLM)
o Field Supervision
o Contractor Home Office Costs
Construction workforce productivity one value is provided for each plant
location, relative to the construction productivity at the country base
location
Field indirect costs, including construction equipment rental (see Project
Data, below), field supervision, home office costs
Material Costs
Location Indexing
The ARM knowledge base contains a set of location indexes which will adjust
country base material costs to the plant location. Two sets are provided:
o The first deals with equipment costs.
o The second applies to bulk materials.
Use of the supplied location indexes should be considered as a starting point in the
evaluation of a project. Concerned users should replace the ARM knowledge base
values in their relocated project with more representative values obtained from
company surveys of the intended site.
The location indexes make use of Aspen Richardson values for the average split of
local vs. imported materials. Costs of local and imported materials are figured by
applying location values for freight, taxes, VAT, and other expenses. Location
indexes are stored for each of the four-country bases and are used to characterize
material costs by account code (100 to 299 for equipment, 300 to 999 for bulk
materials.)
o Unit cost of rebar, ready-mix concrete, in the currency of the
plant location
o Material cost confidence level, associated with the sources of
the ARM knowledge base data, used to compute a value of
material cost contingency. Contingency is computed as the
root-mean square value of the user material contingency and
material cost confidence level. For example, if the user
contingency before relocation UC =18% and the ARM location
confidence value LC = 10%, then the computed contingency
after relocation is
= (UC2 + LC2) = (182+102 )
P
P
P
P
P
P
P = 20.6%
P
Introduction
Analyzer Utility Modules (AUM) Design
and Scope Generators for Utility Systems
One of the difficulties with process economic analyses, both capital cost and payback
determination, is the lack of scope definition for non-process or outside boundary limit
(OSBL) portions of the project. With AUM modules creating utility systems in harmony
with the process sections of a project, more accurate, realistic and confident business
assessments can be made for cost and economics.
Each AUM module works in the same way. It extracts information on the specific utility
needs of each project component and area in your project. You can then interactively
revise default values for design preferences and configuration, evaluate messages,
review reports of design results. On completion, a press of a Load button will
automatically transfer to your project, a list of selected, sized, designed project
components assembled within a unique date- and time-stamped utility area. Should a
prior utility area of the same type be present in your project, you can chose to delete
the old one and replace it with new scope.
All of this takes place in times measured in minutes rather than traditional days and
weeks. Of course, evaluation time depends on the size of the project. For front end
engineering design work, AUM modules can be revisited in each cycle of scope change
to ensure the project needs are properly satisfied by each utility system.
A Control Panel, a task bar button and numerous hypertext links provide for easy
navigation and rapid access to a status report, specs for preferences and
configurations, reports, an a guide. Messages are provided to assure data integrity;
an error condition will disallow loading of results into your project.
1. Overview
Note: Worksheet names are shown in italic bold face to distinguish the
names from text.
Preparation Workflow
The Cooling Water Design model requires a stream-based project built in either Aspen
Process Economic Analyzer or Aspen Decision Analyzer, with components that require
cooling water connected to one or more cooling water utility resources.
The flow rates, water temperatures, duties and components provide the basis for the
design requirements. The cooling water model will first diagnose the projects
requirements and initiate a design. The user can then revise the design basis and
review early design metrics for a variety of design scenarios, settle on a design basis
and load the design results into the project.
Figure 2.1. The Workflow Cycle, extracted from the Welcome worksheet
To initiate a cooling water design model session, three steps are required
1 Save the project under a new scenario name.
2 Evaluate the project
3 Run the Cooling water utility model
Each of these steps is detailed and illustrated in the following sections.
Overview
When the cooling water model is invoked, it:
(a) analyzes for project cooling water requirements
(b) works from Preferences (user-modifiable, default set of design parameter values)
(c) prepares an initial design.
Results of the initial design and any subsequent interactive scenario are presented in a
Capture worksheet. If the design meets with the users approval, a user click of the
parked Load button will load the design results into the project, at which time the
project can be re-evaluated.
The Preferences and Circuits worksheets allow the user to modify the default design
basis. Each spec change will result in a new design. Hyperlinks provide rapid access
from one sheet to another and sections in a sheet. The Control Center toolbar button
opens the Control Center worksheet, which has hyperlinks to other sheets and their
major categories. Worksheet tabs are color coded to match hyperlinks at the top of
each worksheet.
Introduction
Worksheets: Seven worksheets are provided, of which Preferences and Circuits are
for user input, to revise the design basis:
Welcome: greetings, workflow graphic
ControlCenter: navigation
Status: message center
Preferences: design selections
Circuits: circuit definition
Capture: early design metrics
Guide: help
Button Actions: The Control Center toolbar is always available during a model
session. A click will open the Control Center worksheet and a hyperlink click will direct
you to a chosen worksheet. When the Control Center toolbar is parked together with
the Excel Web toolbar you can quickly search forward and backward.
You can step from one sheet to another, revise the design basis, review status and
results, decide on an alternate design basis, make revisions, review the results and
when ready, click the Load button (see Load-Cancel-Minimize) to inject the results in
Worksheet Details
Status Worksheet
The Status sheet reports messages and has hypertext links to source locations in the
event of a reported error. Major report categories are:
Figure 3.2 Extract, sample of a Preferences sheet showing click box method
of selection
Design Preference Categories:
Cooling Tower (values in this section affect the circuitry, sizing of
cooling towers and flow-related equipment such as circulation pumps
and distribution piping)
(a) Design Capacity, excess capacity
(b) Design Temperature: Summer wet bulb temperature (see
Cooling Tower discussion of wet bulb temperature, approach
gradient, range)
(c) Messages relating to cooling water resource requirements
vs. design preferences
(d) Number of Cooling Towers
(e) Multiple Cooling Towers: choose either one tower for all
circuits or one for each circuit
(f) Working Twin: choose a single tower at 100% capacity or
two (twins), each at 50% capacity
Layout (these are dimension limit checks that are applied to entries on
the Circuits worksheet
o Distance
From tower to first branch to an area
Figure 3.3 Extract from Circuits sheet Initial Configuration (left), Step 1
(right)
The following (see Figure 3.3, left side) are reported for each area being served by a
recognized cooling water utility resource stream:
Initial Sort Sequence: sequenced by area, from the area with highest
cooling water requirements to the area with the lowest
Area Name: user-assigned name, carried into the cooling water
design model from project area specs
Area Type: user-assigned area type, carried into the cooling water
design model from project area specs
Area CW Rate: area cooling water (CW) flow rate, the sum of all
recognized cooling water flow rates for equipment in an area as
adjusted by the Excess Capacity value in the Preferences worksheet
Initial Circuit Number: always 1 as all areas are initially assigned to a
single circuit
Initial Circuit ID: always A
2 Step 1 Assignment of Areas to Circuits (User entry one of two)
Please refer to Figure 3.3 (right side):
Enter a Circuit Number 1, 2, 3, or 4: user value is required; if only
one area requires cooling water, enter 1. If two areas, use 1 for both
or assign 1 to one area and 2 to the other. The design model will
sequence the areas. In an error condition, an error message and a red
flag will be displayed. Error conditions must be resolved to obtain
loadable design results.
System-Assigned Circuit Id: The model will assign a letter ID (A, B, C,
D) to each area based on circuit assignments and total circuit flow
rate. If the project contains four or more areas, then it is possible to
assign areas to circuit numbers 1 to 4. The model will collect all the
Figure 3.4 Extract of Circuits sheet defining area spacing using the B/R
switch
Each line item in this section represents an area and its properties. Areas are sorted
and sequenced in descending total circuit flow rate and then by area flow rate. Circuits
are labeled A, B, C, D with circuit A being the one with the highest flow rate; B is next
and so on. An area that was tagged as circuit 2 in step 1 may be in a circuit with the
lowest flow and would be organized accordingly and given a Circuit ID letter depending
on the other circuit flows.
This section displays the properties and attributes of each area in the sequenced list.
Values displayed for information purposes are:
New Sort Sequence: displays values vertically in the sequence 1, 2, 3,
and so on
Initial Sort Sequence: displays the initial sort sequence number for the
area
ID of Area In Report Group (ArRg): the ArRg ID for the area
Area name: user-assigned project area description
Area CW Rate: displays the cooling water rate, as adjusted by the
Preferences value for excess capacity
Area Heat Duty: heat duty requirements for all equipment within the
area identified as requiring a valid cooling water resource
Figure 4.4 (case b). Illustration of one cooling tower used to serve multiple
circuits. For this case, the model will provide one cooling tower for all
circuits and a set of circulation pumps for each circuit.
Figure 4.5 Schematic of cooling water piping for a 2D area type (PAD, GRADE)
Figure overview_4.8 shows a cooling tower with air and cooling water
streams and their temperatures.
Terms used in the cooling tower industry, illustrated in Figure 4.8, are:
Cooling tower: a device used to cool water by the countercurrent
action of ambient air against a downward flowing stream of water to
be cooled. The cooling process involves the cooling of entering water
by evaporative cooling of water and sensible heat to a much lesser
degree
Cooling water supply stream: cooling water supplied to heat
exchangers for purpose of cooling process streams
Cooling water return stream: cooling water streams leaving heat
exchangers, combined for return to a cooling tower
Range: cooling water return temperature, Tr cooling water supply
temperature, Ts, directly related to the heat duty
Approach Gradient: the difference between the wet bulb air
temperature and cooling water leaving the cooling tower.
Theoretically, the cooling water temperature cannot drop below the air
wet bulb temperature. For a given cooling water flow rate, as the
approach gradient decreases, the cost of a cooling tower will increase.
AUM_Air
Utility Design and Scope Generator
for Instrument and Plant Air
Overview
The Air Utility Module automatically and interactively:
selects, designs, and sizes air plant project components that conform to
your:
o Project scope design basis
o Interactive entries for air utility design and configuration
preferences
Augments the scope of your project with a list of designed air utility
project components in a unique air utility area on the click of the Load
button
Interactive session enables a review of results prior to LOAD creates
o Status messages, suggestions to alleviate design clashes
Benefits:
You get early design metrics for decision making
Decide whats best, then trigger the LOAD operation
With LOAD, a new Air utility area will be inserted into your project with its
designed list of air system project components
Before LOAD, air system project components are interactively
o Selected based on your selection preferences
o Designed in accordance with your project basis and air design
preferences
o Sized
o Reported
In a small fraction of the time and effort it takes to do this work in the
traditional manner
Change the project scope? Re-run the utility module!
Using AUM_Air
Accessing AUM_Air
To access AUM_Air:
1 Starting with an open project that has been evaluated, click Run, then
click Utility Model. Or, click the U button to access utility models.
2 Click Load.
The Aspen Icarus Loader appears, showing the progress of loading the XML data into
Icarus.
When the Air Instrument, Plant data has been loaded into Aspen Icarus, the
following confirmation message appears:
Note: Clicking Yes does not actually delete the Air Instrument, Plant
data in your project. You can click Yes, modify the Air Instrument, Plant
data, then choose not to replace the previous Air Instrument, Plant data
with the modified data by clicking Cancel on the Load | Cancel | Minimize
dialog box.
2 Click Load.
The Aspen Icarus Loader appears, showing the progress of loading the XML data into
Icarus.
When the Air Instrument, Plant data has been loaded into Aspen Icarus, the
following confirmation message appears:
3 Click OK.
The Air Instrument, Plant data is now included in your project.
If you want to keep loaded Air Instrument, Plant data and not replace it
with your modified data, follow the steps below.
1 Click the Maximize button on the parked Load | Cancel | Minimize
dialog box.
Methods
In the conceptual design phase, lacking a plot plan, this method is used to develop air
distribution piping.
Some runs may be long, some short.
Components in the augmented project scope definition may be modified,
deleted, new ones added.
The following is a brief description of the methods used.
Areas assigned to an APU are collected in the sequence of the project and
are assembled in a column-row array
Array dimensions are determined from area dimensions
Row and column dimensions are figured from total area, number of areas
and an initial aspect ratio of 3:2
Air Distribution
Piping is developed for Instrument Air as well as Plant Air.
Piping for each service is developed in the same way, except for
volumetric flow and line size
Distribution Piping
The APU feeds air to the array through a Main Feeder (MF)
The Main Feeder length is defined in Preferences
Two Main Manifolds (MM) are used on extra-wide arrays, else one or none
for an array one column wide
Each MM feeds a Main Line (ML)
Main lines feed Branch Lines (BR)
A tee of the Branch line supplies air to an Area Feeder (AF)
Area Feeders connect to Area Headers (AH)
Area headers, for 2-D area types such as Grade, Pad, and so on supply air
to the I-P transducers, control valves
o P&ID information from the original project provide the
requirements for I-P and control valve components
o Utility station requirements are developed for each area based
on anticipated air tool usage and area size
A plant air connection is made off the Area Header Plant
for each utility station
Area headers, for 3-D area types such as open steel structures, and so on
supply air to Risers, then Laterals which then connect to I-P transducers
and control valves.
o Utility station requirements are developed for each 3-D type
area based on anticipated air tool usage and area size
Project Components
The Instrument and Plant Air Utility Model creates a set of project components in
accordance with the needs of your:
Project Scope definition
Design and selection preferences for Instrument and Plant Air
Typical components
Air Compressors
Interstage and After-coolers
Air Filters
Air Receivers
Air Dryers
Air distribution piping (instrument, plant air)
Utility Stations (air, water, steam, condensate drain services)
Associated installation bulks would be developed during project run
Design Considerations
Units of Measure
Designed Components
Volumetric Air Flow Rate
Equipment Selection and Design
o Compressor Model Selection
o Interstage and After Coolers; choice of
Air Coolers (for rack mounting)
Shell & Tube Heat Exchangers
o Air Receivers
o Air Filters
o Air Dryers
Units of Measure
Values are reported in the Unit of Measure set of the users project, in the:
Utility Module interactive worksheets and reports
Augmented users project file
Air Receivers
Interactive Specs
Design Basis
o Equipment Redundancy
o Equipment Configurations
o Selection Specs
o Design Preferences
o Air Distribution
Areas and Air Plant Units
Layout
Air Distribution Configuration
o Assignment of APUs to Areas
User Preferences
User enters specs interactively in MS Excel SPECS workbook
Preferences worksheet design and equipment configuration basis
o Organized by category
o Color coded
o Either/or selections are provided with a base (default) value
o Numeric selections are provided with a base (default) value
o Help messages assist selections
o Error messages are issued for out-of-limit or design clash
conditions
CONFIG worksheets: basis for distribution air piping to areas
o Part 1: Assignment of plant air to areas devoid of equipment
o Part 2: Assignment of an APU to an area
Equipment Configurations
Equipment configuration choices:
Notes:
If low capacity type is selected, may generate multiple low capacity
compressors
High capacity compressors may require project mid- and/or high voltage
power distribution levels.
o Utility services for compressors
Steam lines: run distance from boiler house to turbines
Cooling water lines: run distance from cooling water
plant
6 Air Receivers
o Common or separate receivers for instrument air and plant air?
o One main receiver at 100% capacity or two, each at 50%
capacity
o Install a stand-by spare?
o Horizontal or vertical vessels?
o Maximum diameter
o Maximum tangent-to-tangent length
o Instrument air supply time during emergency shut-down
o Plant air supply time during emergency shut-down
7 Air Dryers (Dual Bedone working, one regenerating)
o Common air dryer for instrument and plant air?
o Is plant air to be dried?
o One main dryer at 100% capacity or two, each at 50% capacity
o Air purge rate
8 Air Filters
o Instrument air
Number of pre-filters
Number of post-filters
o Plant air
Number of pre-filters
Number of post-filters
9 Distribution piping
o Minimum line size for air piping
o Distance from APU to process area
o Typical tie-in run length from one APU to another
APU Configuration:
o Choose default (one APU for all) or assign each Report Group to
one of four APUs
Design Methods
Sizing Distribution Piping
Schematic of Distribution Piping
Welcome
ControlCenter
Welcome Worksheet
The dialog box shows the default Capital Costs report file name, Cap_Rep.ccp. This is
the report reviewed in Icarus Editor. If you want it to have a different name, type the
file name in the Report File field.
2 Click OK.
If you are using the default Preferences, Aspen Process Economic Analyzer scans the
project specifications for errors and/or inconsistencies and any found are listed in the
Note: You can select in Preferences to skip the scan for errors (see
page 51).
X X
You have the option to continue or stop the evaluation process (except in the case of
FATAL errors, which stop the evaluation process). You should carefully review these
and fix any problems before proceeding.
When the project evaluation is done, Aspen Process Economic Analyzer lists all errors
found in the capital cost evaluation for your reference.
If you are using the default Preferences, Aspen Process Economic Analyzer
automatically displays the Investment Analysis spreadsheets in the Main Window when
the evaluation is complete. See Reviewing Investment Analysis on page 433 for a
X X
Note: You can select in Preferences not to have Aspen Process Economic
Analyzer automatically display the Investment Analysis (see page 51). X X
To load AEM:
1 On the Run menu, click Decision Analyzer.
2 On the Decision Analyzer dialog box, select the Develop Detailed
Process Economics Reports check box.
3 Enter the desired reporting currency symbol to use for the reporting of all
costs.
4 If the plant location currency is different from the currency used on the
reports, enter the exchange rate as the ratio of Report Currency/Plant
Location Currency.
Overview of Workbooks
In addition to showing you the economic analysis of the current project basis, the
workbooks allow you to instantly see the impact that revisions to the basis will have
on economic measurements. For example, you can revise the required working capital
percentage on the Project Input worksheet in SPECS and, as a result, the Cash Flow
bar chart on the Figures worksheet in RESULTS will change to reflect this revision. This
is explained in detail in the Revising Premises section, page 390.
X X
SPECS Workbook
The SPECS workbook consists of the following worksheets, which you can navigate by
clicking the sheet tabs at the bottom of the workbook window:
Guide
The Guide provides you with an online reminder of helpful information, which you may
refer to during an interactive scenario session:
Control Panel
The Control Panel lets you revise high-level stream premises. It features spinner
controls and reset buttons, enabling you to change unit prices and instantaneously see
the resulting economic metrics and graphed results.
Key economic metrics displayed include: graphs of net present value (NPV) and annual
production revenue, payout date, Internal Rate of Return (IRR), NPV over project
lifetime, gross, operating and net revenue margins.
Decision Center
The Decision Center is AEM's navigator. It lets you move quickly across all of AEM's
user-interactive worksheets, all of which are included in horizontal format. To view all
the worksheets in a vertical format, use the DC_V worksheet.
Both the horizontal and vertical formats enable you to quickly locate high level and
lower level categories and the ultimate worksheet locations. Important error messages
are displayed on the Decision Center header.
An NPV graph displays the current state of the scenario including high-level error
messages with pointers to error locations.
Input Worksheets
The two input worksheets are for user-interactive revisions to premises. They define
your economic scenario. Revisions are immediately reflected in the Status,
Statements, EPC, and Figures worksheets. See page 390 for information on revising
X X
economic premises.
Project Input
In the Project Input worksheet, you can revise the schedule, time periods, capital
investment, cost of capital investment, phase durations, capital cost parameters,
manufacturing cost parameters, operating labor and maintenance cost parameters,
general investment parameters, and escalation.
The following is an excerpt:
Stream Input
On the Stream Input worksheet, you can revise the stream factor to determine
the impact of turndown, turnarounds or a proposed expansion; split production
into a domestic and export stream with their associated unit prices; revise prices
of by-products, raw materials, and utilities. An important aspect of the Stream
Input worksheet is the use of periodically changing values of stream factor, unit
costs and percent to export. This feature lets you study the impact of market
cycles and identify economic threats and opportunities related to production over
the life of the project.
Capture Worksheet
The Capture worksheet and its initiating buttons
enables you to review and capture highlights of up to
50 economic scenarios. A set of buttons is provided to
initiate the capture of current scenario highlights in
advance of working on the next scenario.
RESULTS Workbook
The RESULTS workbook consists of six worksheets, which you can navigate by clicking
the sheet tabs at the bottom of the workbook window.
The following is an overview of the worksheets.
EPC Worksheet
The EPC worksheet provides before and after information regarding the engineering,
procurement and construction aspects of your project. The term before refers to the
state of your project based on your initial premises, prior to interactively changing
from one scenario to another in Analyzers Economic Module. The EPC workbook
provides costs in both the currency of the plant location and a user-defined reporting
currency. For example, if your project were modeled using the European Union
country base (EU, currency in Euro) and you wanted to see costs reported in Euro for
a project relocated to Mexico (reporting currency in k-Peso), you could define the
reporting currency to be Euro and enter the desired exchange rate between the Euro
and k-Peso. You would define the reporting currency and exchange rate along with the
Design Basis
The Design Basis worksheet provides summary-level presentations of income,
product revenue, manufacturing costs, margins, raw material costs, utility costs, and
earnings based on your initial economic premises.
The following is an excerpt:
Figures Worksheet
The Figures worksheet, like the EPC, Status and Statements worksheets, shows results
of changes made in the Input worksheets.
Flows, by Calendar Period: Net and Cumulative Cash Flow, Margins, Gross
and Operating and Net Income as a % of Revenue, Product Revenues:
Domestic and Export.
Production: Domestic and Export.
Distributions, for a selected Production Period: Product Revenues,
Manufacturing Costs, Operating Costs, Fixed Charges.
The following is an example of one of the distribution graphs on the Figures
worksheet:
Note: Revisions made in the workbook have no impact on the actual project
basis.
To revise premises:
1 Select either the Project Input or Stream Input worksheet.
2 Go to the Select field of the item you want to change. Pressing TAB moves
the cursor to the next field, while pressing CLEAR+TAB moves the cursor
to the previous field. You can also use the mouse and arrow keys.
The Select field can contain one of the following symbols (not case-sensitive):
Type To denote
B Use of base value.
R Use of revised value.
P Use of period-to-period values on the Stream Input
worksheet.
For example, changing the symbol from B to R acts as a toggle between the base
and revised value.
In the event a symbol is not entered, the base value will be used.
Note: Viewing the workbooks in a split screen arrangement lets you instantly
see the results of modifications. To do so, click Arrange on the Window
menu, select Horizontal, and click OK. You will likely need to adjust the
zoom to about 50%. Keep ECOSYS.xls minimized.
For example, if you revise the required working capital percentage on the Project
Input worksheet (shown in window at the top of the split screen pictured below), the
Cash Flow bar chart on the Figures worksheet (shown in the lower window) will
change.
Project Input
As described previously, base values are listed to the right of the item category. The
Select field and Enter Revised Base Value field enable alternate studies. First, enter
either an R (not case-sensitive) in the Select field to revise the base value. Then
enter a revised value in the Enter Revised Base Value field. You can then enter a B
(not case-sensitive) in the Select field to switch between revised and base value. The
Value Used field shows the current status of your selection.
The following provides additional information about the individual parameters.
Schedule
A timeline is established with a calendar start date to enable the study of economic
cycles and report the timing of events. A base calendar start date is automatically
generated to accommodate the base start date of engineering. However, as new
premises are added, the lead-time between start of calendar and start of engineering
may be too short to accommodate other efforts such as studies and changes to the
fixed capital investment. Or, you may want to base your reporting calendar on a
calendar year basis or your companys fiscal year. Once you select the start date of
the reporting calendar, you might want to review your initial premise for the start date
of engineering.
The engineering start date may be modified as well as the calendar start date.
Messages are provided in this section for lead-time, pre-planning time and float to
help you to establish timing of other events (see next section on Capital Investment).
Start Date of the Reporting Calendar: defines (a) the project timeline, (b)
enables the escalation to the start date of the calendar of costs entering
the workbook from Analyzer that are founded on the System Cost Base
Date, and (c) enables the dating of tasks and events, including:
o Strategic planning and decision engineering
o Contractors engineering and procurement
o Construction delay/early start of construction
o Plant Start-up
o Start of Production
o Payout
o End of production, salvage of fixed capital investment (FCI),
return of working capital, salvage of catalyst and chemicals,
and so on.
Time Period
Period: the designated period is a year. Only yearly periods can be
accommodated with this release.
Hours per period: determines stream factor, stream flows per period. Your
initial premise may be revised in the Stream Input worksheet.
Capital Investment
Decision Engineering Studies: duration is developed from the cost entry
and placed on the timeline.
Owners Engineering: duration is developed from the cost entry and
placed on the timeline.
Increment/Decrement to FCI (fixed capital investment, also known as
total installed cost, total project cost) at the System Base Date: enables
studies of FCI such as the trade-off between inside and outside battery
limits (ISBL/OSBL), plant capacity (with associated change in stream
factor see Stream Input), and impact of FCI changes during engineering
on process economics, and so on. Consider two uses of this feature (1) to
determine the impact on IRR and NPV of a 10% increase in capital cost
and (2) making a utility stream by adding more capital and setting the
utility stream cost to zero. A change here will impact the phase duration of
engineering, procurement and construction as well as their expenditures
along the timeline. In the AEM workbooks, FCI undergoes a number of
adjustments from the time it is evaluated by the Icarus Evaluation Engine
(IEE), as follows and as reported in the EPC worksheet:
o Initial evaluation in Analyzer performed by applying design and
cost specifications to the list of project components for the
specified production capacity of the process facility and plant
location.
o In the AEM workbooks:
Currency revision of FCI from the Plant Location
Currency to the Reporting Currency, using exchange
rate first established during Plant Relocation and then
under Scenario Reporting in AEM.
Escalation from System Base Date to the Start Date of
the Calendar.
Percentage Increment/Decrement adjustment (this
section).
Escalation of engineering, materials, construction to the
period of expenditure as determined by the duration of
each phase, progress of each phase duration, and
position along the timeline.
Start-up costs: included as a capital expense, range of typical values: 8%
to 10% of FCI.
Escalation
Base values of the following items come from your system input and may be revised.
Project Capital Evaluation, a single value is expanded in AEM for individual
treatment of expenditures along the calendar timeline for:
o Engineering
o Materials
o Construction
Product Escalation: individually for domestic and export product; period-
to-period price/cost values take priority over escalation.
By-products: period-to-period price/cost values for an individual by-
product take priority over escalation for that by-product.
Raw Materials: period-to-period price/cost values for an individual raw
material take priority over escalation for that raw material.
Utilities: period-to-period price/cost values for an individual utility take
priority over escalation for that utility.
General: for remaining categories.
Stream Input
This worksheet lets you revise base values (assigned or default) for product, by-
product, raw material and utility streams. Either a single value, applicable to every
period (subject to escalation if a cost), or a period-to-period value (not subject to
escalation) may be assigned. Indicate use of base (B), revised (R) for a single
value for all periods, or individual period-to-period values (P). Symbols are not case-
sensitive.
Production Operations
Stream Factor, to study the impact of turndown and expansion.
Production
Price of domestic and export product and percentage of production devoted to export
product. The production capacity is reported for reference.
By-Products
Price of each by-product. By-product rates are reported for the designated production
capacity. The current version is limited to reporting 25 by-products.
Raw Materials
Price of each raw material. Consumption of each raw material is reported for
designated production capacity. The current version is limited to reporting 25 raw
materials.
Utilities
Price of each utility; for ISBL/OSBL studies, consider revising an ISBL utility stream
cost in lieu of its production by an OSBL unit and revision of the FCI (Project
Input>Capital Investment>Increment/Decrement to FCI) to account for the OSBL
units FCI Consumption of each utility is reported for designated production capacity.
Reporter lets you select and run multiple Standard reports or Excel reports or Update
On Demand reports. These selections can be remembered by clicking the Remember
Selections button shown in the figure below. These selections are retained and shown
the next time the Reporter application is run. Beginning with V7.3, reporter
remembers these selections product as well as project wise.
In V7.2 and prior versions the selections are cleared once the reports are displayed.
Beginning with V7.3, these selections are retained until you choose to do otherwise.
Run Report Run selected report. See pages 402 (Standard reports), 415 (Excel reports),
X X X X
Open Workbook Open the last Excel workbook created. See page 418 for instructions. X X
Create User Database Export SQL database. See page 423 for instructions.
X X
Create New Trend in Excel Export trending database to Excel. See page 420 for X X
instructions.
View Existing Trend Data Open the trending data workbook in Excel. See Data Trending,
pages 419 through 422, for instructions
X X X X
Clear All Saved Trends Clear the trending database. See page 419 for instructions.
X X
Standard Reports
With Standard reports selected in the Report Mode section, the Reports section
displays a tree-structure grouping of standard reports.
Report Descriptions
Open the necessary category and sub-category folders and click a report to display a
brief description of that report in the Description section.
Opening a Report
Not all of the reports contain each of the features described in this guide. For example,
the Contents view only appears on reports with multiple sections. In order to see all
the features described, select the Contractor COA Summary report located in the
following folder:
Capital Cost Reports\Direct Costs\COA Summaries
Magnification
Contents view by clicking the Toggle Group Tree button . This makes
more room for the report.
Double-clicking on this cost sections titles or totals opens a separate tab window.
Searching
Printing
2 Make any desired changes to the default settings; then click OK.
Report Descriptions
Open the necessary category and sub-category folders and click a report to display a
brief description of that report in the Description section.
2 Click Yes.
Your browser displays the report.
Management Reports
With Management Reports selected in the Report Mode section, the Reports section
displays a tree-structure grouping of Management reports. These reports are intended
to serve as snapshots of the project scenario.
Overwrite existing Reset the existing workbook with the selected report as
workbook the only worksheet; any previously created worksheets
will be cleared.
Append to existing Add the report as another worksheet in the existing
workbook workbook; previously created worksheets will be retained.
Create new workbook Specify a new workbook in which the selected report will
appear as a worksheet.
Clicking Create new workbook expands the dialog box to let you select a folder and
enter a file name.
Note: Do not enter a file extension or period when entering a new workbook
name.
2 Make your selection; then click OK.
3 Enter a name for the worksheet.
Excel Reports
With Excel reports selected in the Report Mode section, the Reports section displays a
tree-structure grouping of Excel reports.
To open a report:
1 Select the check box next to the desired report.
You can select multiple report check boxes to open multiple reports.
Marking a folders checkbox will open all of the reports in the folder.
2 Click the Run Report button or click Run Report on the File menu.
Reporter searches for the last Excel workbook to which you exported a report.
If no existing workbook is found and this is your first export to Excel
during this session, Reporter creates DefaultWB.xls in the Reporter
output folder:
...Economic Evaluation V9.0\ic_cache\Reporter\Output
Select To do this
Overwrite existing Reset the existing workbook with the selected report as
workbook the only worksheet; any previously created worksheets
will be cleared.
Append to existing Add the report as another worksheet in the existing
workbook workbook; previously created worksheets will be retained.
Create new workbook Specify a new workbook in which the selected report will
appear as a worksheet.
Selecting Create new workbook expands the dialog box to let you enter a workbook
path and name.
AutoFilter
Several of the larger Excel reports generated by Aspen Process Economic Analyzer
take advantage of the AutoFilter feature in Excel.
When AutoFilter is available, clicking next to a column displays a list of all the
different entries made in the column. Selecting an entry displays only rows that
contain that entry in the column.
For example, selecting 105 Misc. Item Allowance in the COA Description column
of the Item Summary Combined report would display only accounts with Code of
Account (COA) 105.
Selecting Top Ten displays only items that contain one of the top ten most frequent
entries.
Selecting Blanks (from the bottom of the list) displays only rows that contain a blank
cell in the column, while selecting NonBlanks displays only rows that contain a value
in the column.
3 Click OK.
2 Click OK.
You will need to add the trend data from the project reports of the other scenarios you
are comparing. For each of the other scenarios, open the reports in Reporter and
complete the Adding Trend Data to Database instructions above.
Using Reporters import function, you can open the other scenarios reports in
Reporter without opening the scenarios in Aspen Process Economic Analyzer. See
page 422 for instructions.
X X
The Export to Excel Trending Workbook dialog box gives you the choice of either
appending the trend data to the existing file or creating a new file.
4 Click Yes.
Excel displays the trending workbook containing a spreadsheet for each of the capital
cost categories. Each set of trend data entered into the trending database is displayed
on a separate row. (The workbooks for any categories excluded at the Export Trend
Data into Excel dialog box are blank).
The right-hand pane contains the report and the left-hand pane contains a tree-
structure Contents view that lets you jump to sections of the report.
Note: Click on the toolbar to turn the Contents view on and off (or click
Contents on the View menu).
Find (CTRL+F) find any text string within the current document
Report Sections
Title Page
Two title pages are produced. This way, if the report is being printed on fan-fold
paper, one of the title pages will be produced on a page facing up.
Contract Structure
The Contract Structure section provides names of contractors and reporting
arrangement.
Table of Contents
The Table of Contents lists section names and the page number on which each starts.
The number of sections may vary depending on the number of Report Groups. If the
project contains only one, then there will be only a single summary. If more than one,
there will be a separate summary for each, plus a summary for the total project.
Project Summary
The Project Summary provides an overview of project costs.
Note: In the Excel mode, additional spreadsheets are generated that report
details with regards to utilities, raw material and products. For instructions to
generate customized investment analysis reports, see Using the Reporting
Assistant in Excel mode, page 451.X X
Equipment Summary
The Equipment Summary (EQUIP.ICS) contains a list of project components used in
the analysis.
Project Information
Project Name Aspen Process Economic Analyzer project name
Project Brief description of Aspen Process Economic
Description Analyzer project, from Project Properties
Analysis Date The date and time this analysis was performed
and Time
Simulator Type The name of the process simulator from which
process data was imported
Simulator The version of the process simulator
Version
Simulator Report The name of the process simulator report file
File
Simulator Report Date and time of the process simulator report file
Date
Economic The name of the Icarus system used for the
Analysis Type evaluation
Aspen Process Version number for Aspen Process Economic
Economic Analyzer system
Analyzer Version
Project Directory Directory path for the current Aspen Process
Economic Analyzer project
Descriptions for the following parameters are provided in more detail under Investment Parameter
specifications (page 99).
X X
Time Period
Period Description Duration of time
Operating Hours Number of hours in specified period
per Period
Number of Weeks Number of weeks in specified period
per Period
Number of Periods Set to 20 periods for investment analysis
Schedule
Start Date for The beginning date for EPC (engineering,
Engineering procurement, and construction)
Duration of EPC The calculated EPC duration in weeks
Phase
Length of Start-up Number of weeks scheduled for start-up
Period beyond the end of the EPC phase
Duration of The calculated construction duration in weeks
Construction Phase
Completion Date for The calendar date for the end of EPC
Construction
Capital Costs Parameter
Working Capital Percentage of total capital expense per period
Percentage required to operate the facility until the
revenue from product sales is sufficient to
cover costs.
Operating Costs Parameters
Operating Supplies Indicates the lump-sum cost of operating
supplies.
Laboratory Charges Indicates the lump-sum cost of laboratory
charges.
User Entered Indicates the user-entered value for total
Operating Charges operating charges.
(as percentage)
Operating Charges Includes operating supplies and laboratory
(Percent of charges. If the user enters a lump-sum value
Operating Labor for either Operating Supplies or Laboratory
Costs) Charges, the addition of the two values will
override the User Entered Operating Charges
Plant Overhead Consists of charges during production for
(Percent of services, facilities, payroll overhead, and so on.
Operating Labor
and Maintenance
Costs)
G and A Expenses General and administrative costs incurred
(Percent of Subtotal during production such as administrative
Operating Costs) salaries/ expenses, R&D, product distribution
and sales costs.
General Investment Parameters
Tax Rate The percent per period of earnings that must
be paid to the government.
Desired Rate of Indicates the desired (that is,, user- entered)
Return return rate, in percent per period, for the
investment.
Economic Life of Indicates the length of time in terms of periods
Project over which capital costs will be depreciated.
Salvage Value The expected value of an asset at the end of its
(Fraction of Initial usable life for the company. The difference
Escalation
Project Capital Rate at which project capital expenses may
Escalation increase expressed in percent per period. If the
addition of Engineer-Procure-Construct (EPC)
period and start-up period is greater than one
whole period, Project Capital Escalation is used
to escalate the capital expenses for periods
beyond the first period.
Products Escalation Rate at which the sales revenue from products
of the facility are to be escalated (increased) in
terms of percent per period.
Raw Material Rate at which the raw material costs of the
Escalation facility are to be escalated (increased) in terms
of percent per period.
Operating and Rate at which the operating and maintenance
Maintenance Labor costs of the facility are to be escalated
(increased) in terms of Escalation percent per
period. The operating labor costs include
operators per shift and supervisory costs.
Utilities Escalation User-entered percentages reflecting the
anticipated utility price increase each period.
Operating Labor
Operators per Shift The number of operators per shift per hour
necessary to operate the plant.
Unit Cost The wage rate for each operator expressed in
cost per operator per shift.
Total Operating Total operating labor cost obtained by
Labor Cost multiplying number of operators per shift by
the unit cost and by Operating Hours per
Period.
Maintenance
Cost/8000 Hours The cost of maintaining the facility equipment
for 8000 hours of operation of the facility.
Total Maintenance The total maintenance cost of the facility per
Cost period.
Supervision
Supervisors per The number of supervisors per shift per hour
Shift necessary to oversee personnel who operate
the facility.
Unit Cost The wage rate for each supervisor expressed
in cost per supervisors per shift.
Total Supervision Total supervising labor cost obtained by
Cost multiplying number of supervisors per shift by
the unit cost and by Operating Hours per
Period.
Utilities Costs
The utility cost breakdown is given below for electricity, potable
water, fuel and instrument air as well as user defined process utilities
such as steam.
Note: The Process utilities details are available only when the results
are viewed in Excel. These are made available through separate
spreadsheets.
The description of each utility includes:
Rate The rate of use of the utility in terms of
amount per hour.
Unit Cost The unit cost of the utility in cost per amount.
Total Cost The total cost of the utility in cost per period.
The spreadsheet displays the cashflow information shown by period. The beginning part of the
spreadsheet contains data/results carried over from the Project Summary (PROJSUM.ICS)
spreadsheet.
Item Description
Sales
A number will appear in this category only after the time allotted for all prior phases
(engineering, procurement, construction and startup phases) has expired.
SP (Products The total products sales value per period calculated
Sales) in PROJSUM.ICS.
SPF (Forecasted Reserved for future use.
Sales Annuity
Factor)
SF (Forecasted Reserved for future use.
Sales)
S (Total Sales) Indicates the amount received per period from sold
products. This number is either SP or SF.
Expenses
Includes both capital and operating expenditures per period listed
below.
CAP (Capital Indicates, by period, total funds spent prior to startup.
Costs) Unescalated Cumulative Capital Cost: Indicates the
total capital costs spent through the current period.
This is based on the Total Project Capital Cost in
PROJSUM.ICS.
Capital Cost: Indicates, by period, the amount of
initial, non-variable costs associated with the project.
This number is based on the Total Project Capital Cost
found in PROJSUM.ICS.
Cumulative Capital Cost: Indicates capital expenditures
through period n. For example, the number in period 4
represents the total capital expenditures beginning in
period 1 and ending in period 4.
Working: Indicates the amount required to operate the
facility before the revenue from product sales is
(R)Revenue
Indicates, by period, the amount of money available after capital and operating
expenses have been paid. This number is obtained by subtracting Capital Costs and
Operating Costs from Sales.
DEP Depreciation Expense: the amount by which the value of the capital cost
decreases each period. The Total Project Capital Cost is depreciated, via the chosen
depreciation method, over the useful Economic Life of the facility. The Straight Line
Method assumes that the item will depreciate by a constant amount over its Economic
life. When the Sum of the Years Method is used, the depreciation expense decreases
during each year of the projects useful life. When the Double Declining Balance
Method is used, the project is depreciated in geometric increments. The Accelerated
Cost Recovery System assumes that the project begins operating in the second half of
the first year, rather than in the beginning of the first year.
E Earnings Before Taxes: funds available after all expenses have been paid. This
number is obtained by subtracting the Depreciation and the Interest Expenses from
the Revenue.
TAX Indicates amount owed to the government. This number is obtained by
multiplying the tax rate by Earnings Before Taxes.
NE Net Earnings: funds available after taxes have been paid. This number is
obtained by subtracting the Taxes from the Earnings Before Taxes.
TED Total Earnings: total cash available from project. This number is computed by
adding the Depreciation Expense to the Net Earnings. Since the depreciation expense
is a non-cash expense (no cash actually leaves the facility in order to pay the
depreciation expense) adding the depreciation to the net earnings gives the total cash
flow obtained from the project. Inclusion of the Depreciation Expenses reduces the
amount of taxable income.
TEX Total Expenses (Excludes Taxes and Depreciation): the total expenses of the
project including capital, operating, and any interest expense.
FVI Future Value of Cumulative Cash Inflows: sums the Sales received through
period n and indicates what the Sales would be if they had been received in the
current period. For example, the value in period 4 is what the sales in periods 1-4
would have been if all of these funds had been received in period 4.
PVI Present Value of Cumulative Cash Inflows: the current worth of all the cash
received through period n. For example, the number in period 4 represents the value
that the sales generated in periods 1 through 4 would be if those sales were received
in the first period. This number is obtained by summing all of sales from prior time
periods adding this amount to sales in the current time period. Using the specified
interest rate, this total is then discounted back to the first time period.
PVOS Present Value of Cumulative Cash Outflows, Sales.
Analysis results are shown by period. ( - ) indicates the project in the current
period appears unprofitable, while 0 indicates break-even status.
Depreciation Calculations
This section presents details on the calculation of depreciation.
Executive Summary
Executive Summary (EXECSUM.ICS) contains a project summary intended to be
reviewed by executives and other business decision makers.
PROJECT INFORMATION
Simulator Type The name of the process simulator from
which process data was imported
Version The version of the process simulator
Report File The file name of the process simulator
report file
Report Date Date and time of the process simulator
4 Click Save.
5 Click the Report Templates tab.
This example creates a reporting template for future use called Summary.tra.
8 In the Template Entries section, click New Entry. In the Column Label
field, enter a label (for example, Project Name) for the first column on
your custom report spreadsheet. The Display Column box should
automatically display 1.
9 The Entry Definition section defines the data to be entered in the above
column. Select a file name in the Source box, then enter the column and
row of the source data.
For example, in the figure below, the contents of Column C, Row 8 of Project.ics has
been specified to appear in the customized report spreadsheets Project Name column.
The global copy of these files resides in the \Data\ICS folder. The files are copied
into the individual project folder when the investment analysis results are invoked
Note: If copies of these files already exist within the projects, then they may
not be replaced and so may have to be replaced manually by the user. In the
case of ICARUS projects that are migrated from previous versions, any older
versions of these files will be saved as a backup and the newer versions will
be used.
The Run Summary worksheet in the Aspen Process Economic AnalyzerWB.xls
workbook is the sheet that can be customized by the user. The Aspen Process
Economic AnalyzerWB_TRA.xls file stores the customizations that are in turn used
by the Aspen Process Economic AnalyzerWB.xls. The Aspen Process Economic
AnalyzerWB_TRA.xls files stores:
The template to be used in the Run Summary worksheet
Any additional user defined functions (UDF) that the user wants to
incorporate.
The default Aspen Process Economic AnalyzerWB_TRA.xls that is provided with
the system can be used to review these aspects of the file. The sections below explain
this further.
The Template worksheet has three columns that you can modify.
This column denotes
Here is an example:
Dest Column Heading Source/Formula
C Time Now()
D Project Name 'Project Summary'!C8
Keep the following in mind when editing the Template:
Entries must begin at cell D10
Processing of entries will end when a cell in column D is empty
The Source/Formula should not contain =; for example, Now(),'Project
Summary'!C8
If you intend to define and use other functions, see the sections below.
Every time Add Entry for Reporting Assistant is selected, the latest data is entered
on the bottom row of the report. This way, you can compare results.
Item Evaluation
Aspen Process Economic Analyzer lets you run an evaluation on a single component
and view an Item Report. The type of Item Report displayed can be selected in
Preferences (see page 51).
X X
Note: If the evaluation has already been run, you only have to click Item
Report.
2 Right-click the component and click Item Report on the pop-up menu.
3 You can include multiple components in the Item Report: on the List view
(area level), select the desired components, right-click one of the
components, and click Item Report on the pop-up window. The resulting
Item Report lists individually the summary data (cost or sizing) for each
selected component.
The following table lists the Equipment and Slots of those Equipment which will be
affected by mapping:
Important: When you do Map Based On Last Session, the slots listed on this table
WILL CHANGE.
Object Name Attributes wiped out during re-size
DAT MIXER CpTangentTangentHeight
CpVesselDiameter
CpDesignTemperature
CpDesignGaugePressure CpLiquidVolume
DESIGN PRESS. -GAUGE
DESIGN TEMPERATURE
CAPACITY
DIAMETER
VESSEL T-T HEIGHT
DAT OPEN TOP CpTangentTangentHeight
CpVesselDiameter
CpDesignTemperature
CpLiquidVolume
DESIGN TEMPERATURE
CAPACITY
DIAMETER
VESSEL T-T HEIGHT
DAT REACTOR CpTangentTangentHeight
CpVesselDiameter
CpDesignTemperature
CpDesignGaugePressure
CpLiquidVolume
DCP ANSI CpPumpEfficiencyPercent
CpFluidSpecificGravity
EP DIAPHRAGM CpTemperature
CpFluidSpecificGravity
CpFluidHead
CpLiquidFlowrate
CpDriverPower
Liquid specif. grav.
Head
Temperature
Flow rate
Driver power
EP DUPLEX CpTemperature
CpFluidSpecificGravity
CpFluidHead
CpLiquidFlowrate
CpDriverPower
Liquid specif. grav.
Head
Temperature
Flow rate
Driver power
EP RECIP MOTR Driver power
Flow rate
Temperature
Head
Liquid specif. grav.
CpDriverPower
Index 487
Apply 2/3 Rule for Design Pressure Automatic task backup 58
Design Criteria 102
Apply button B
Develop Stream specifications
form 130, 241 Backup options
Installation Bulks form 206 Preferences 58
Interactive Sizing form 248 Backup/Recovery tab 58
Mat'l Man-hour Adjustments Base Design Value
form 210 Analyzer Economics Module
Preferences dialog box 56 (AEM) 430, 431
Area Base Stream
adding 199 Develop Stream specifications
deleting 229 form 132
icons 30 Develop Streams dialog box
importing 224 137138, 194
List view display of items 33 BaseCase, default scenario name
mapping 164 17
pop-up menu 200 Basis
re-numbering 230 Map dialog box 165
simulator 155, 165, 171, 187 streams 128, 132, 138, 137
type 199 138, 194
Area Dimensions 224 Basis for Capital Costs
Area Information dialog box 199 construction workforce 8286
Area Name 224 indexing 87
Area Networking 217 input units of measure 70
Area Type 224 introduction 69
ARR(Accounting Rate of Return) libraries 139, 140
Cashflow spreadsheet 491 output (reports) units of
ASME measure customization 72
pressure vessel design code selecting defaults 140
selection 76 BFD See Block Flow Diagram (BFD)
Aspen Icarus Reporter Block Flow Diagram (BFD)
accessing 438 displaying 158
creating a user database 465 Drag & Find feature 159
Data trending 461 introduction 157
Excel reports 453460 right-click commands 160
HTML reports 451453 View menu 162
importing data 464 Zoom commands 161162
Management reports 453456 Bottom sump height
menu bar 442 towers, design criteria 102
report mode 442 BS5500
standard reports 443451 pressure vessel design code
Aspen Plus selection 76
link to Aspen Process Economic Buildings 198
Analyzer 146, 151 By-products
map specs 94 escalation 437
models used in sizing towers 267 Stream Input worksheet 438
AspenTech
Aspen Plus simulator program 94 C
Auto Filter 460
Cached project information 52
Automatic Item Evaluation checked
Cancel button
command
Tools menu 48
488 Index
Develop Stream specifications Closed Circuit TV Systems 217
form 130 COA See Code of Account (COA)
Preferences dialog box 56 Code of Account (COA)
Capacity allocating UCL item costs to 309
changing 321 Cold Inlet Stream field 248
Capacity over-design factor See Cold Outlet Stream field 248
Pump overdesign factor Color coding
Capital cost parameters Component Specifications form
Project Input worksheet 435 204
Capital Costs Component Map Information 169,
Cashflow spreadsheet 488 171
depreciation 116117, 489 Component Specifications form
errors 418 accessing 203
escalation 117, 484, 487 color coding 203, 204
Executive Summary spreadsheet Options button 204, 206
494 P&ID button 211, 214
Investment Parameters 118 Component Status 170
Project Summary spreadsheet Components See Project
480, 482, 483484 components
reports 57, 470, 472 Components view
toolbar button 44, 438, 467 Palette 37, 38
View command 47, 163, 188, Compressors
189, 438, 467 design criteria specifications 101
Capital investment sizing 238
Project Input worksheet 434 Configuration options
Capture worksheet mapping 167, 172
Analyzer Economics Module Construction
(AEM) 424 workforce 8286
Cascade command Construction schedule
Window menu 31, 49 Project Schedule Data Sheet 474
Cash Flow Summary Contingency
reports, Icarus Editor 472 General Specs 74, 75, 78
Cash flows Project Summary spreadsheet
Project Input worksheet 433 484
Cashflow spreadsheet 486492 Contingency Percent field
CASHFLOW.ICS General Specs 74, 75
Cashflow spreadsheet 486492 Contractor
CCTV 217 fees 484
ChemCAD reports 474
map specs 95 Control Center button bar 374
simulator report preparation Control centers
147148 instrumentation loop 216
Chemstations Control Panel worksheet
link to IPE 7, Also See ChemCAD Analyzer Economics Module
Civil (AEM) 421
installation bulk 213 Control signal
material costs and man-hours instrumentation loop 216
207 Control valve
Clear All Saved Trends command instrumentation loop 216217
Trend menu, Aspen Icarus Copy button
Reporter 461 toolbar, Icarus Editor 468
Close command Copy command
File menu 45 library items 316
Index 489
project components 227, 228 Currency Name 19
Cost libraries Currency Symbol 19
deleting 319 Currency unit for matl cost 223
duplicating 318 Current Map List
Equipment Model Library (EML) Project Component Map
300305 Specifications dialog box 94
importing 317 Custom Model
introduction 299 instructions 230234
Unit Cost Library (UCL) 307312 Preferences 59
Costs See Capital costs; Direct Custom Tasks command
costs; Equipment; Labor; Tools menu 48
Operating costs; Project cost; Cut command
Project direct costs; Total project components 227
direct cost; Total project cost; Cyclone inlet linear velocity
Utility costs design criteria specifications 110
Design Basis worksheet 428
distribution graph, Figures D
worksheet 429
EPC worksheet 425 DAT MIXER 505
Country Base 19 DAT OPEN TOP 505
Craft code 87 DAT REACTOR 505
Craft rates Data trending
construction workforce 8587 Aspen Icarus Reporter 461
Create New Project dialog box 17 DC_V worksheet
Create New Trend in Excel Analyzer Economics Module
command (AEM) 422
Trend menu, Aspen Icarus DCP ANSI 505
Reporter 462 DCP ANSI PLAST 506
Create Stream dialog box 136, DCP API 610 506
138, 241, 242 DCP API 610 IL 506
Create tab view DCP CENTRIF 507
Develop Streams dialog box 136 DCP GEN-SERV 507
Create User Database command DCP IN LINE 507
File menu, Aspen Icarus Reporter DCP MAG DRIVE 508
442, 465 DDDTPACKED 508
Create User Database dialog box Decision Center worksheet
Aspen Icarus Reporter 465 Analyzer Economics Module
Creating (AEM) 421
project scenarios 1620 Delete button
streams 239243 Pipe Details form 213
Creating a new project 16 Delete Mappings command 171
creating projects by importing Deleting
templates 27 areas 229
Currency components 228
Analyzer Economics Module mappings 171
(AEM) 425 projects and project scenarios 51
Currency Conversion Rate Demolishing a component item 207
creating a project 20 Density
Executive Summary spreadsheet Develop Stream specifications
493 form 132
General Project Data 20, 68 Depreciation expense
Project Summary spreadsheet Cashflow spreadsheet 489
479 Depreciation method
490 Index
Project Input worksheet 436 DIN
Depreciation Method pressure vessel design code
Cashflow spreadsheet selection 76
(CASHFLOW.ICS) 487, 489 Direct costs Also see Total direct
Investment Parameters 116 cost
Project Summary spreadsheet Directories
(PROJSUM.ICS) 481 project, locations - Preferences
Design code 6063
Executive Summary spreadsheet Disconnect command
495 streams 196
Project Summary spreadsheet Disconnected Streams dialog box
479 195
Design Code Discounted cash-flow rate of return
General Specs 76 See Internal Rate of Return
Design Criteria (IRR)
libraries 139 Display results after evaluation
selecting defaults 140 Preferences 57
Design Criteria specifications 99 Docking 41
Design pressure Documentation 12
applying 2/3 rule for 102, 262 Double Declining (Balance)
design criteria specifications 99 Investment Parameters,
sizing agitators 258 Depreciation Method 116
sizing heat exchangers 263 Draw Disconnected Stream button
sizing towers 274 toolbar 195
utility specifications 114 Draw Disconnected Stream button
Design temperature toolbar 44
design criteria specifications 100 Draw Disconnected Stream
sizing agitators 258 command
sizing heat exchangers 263 View menu, PFD 195
sizing towers 274 Draw Disconnected Stream
utility specifications 113 command
Desired Rate of Return View menu, PFD 190
Cashflow spreadsheet Duct installation bulk 213
(CASHFLOW.ICS) 487
Executive Summary spreadsheet E
(EXECSUM.ICS) 494
Investment Parameters Earnings
specifications 116 Cashflow spreadsheet 489
Project Summary Economic Life of Project
(PROJSUM.ICS) spreadsheet Investment Parameters 116
481 Project Summary spreadsheet
Detailed Process Economics reports (PROJSUM.ICS) 481, 487
419 ECOSYS.xls 420, 431
Develop Equipment Library Model Edit Connectivity button
form 303 toolbar 44, 191, 192
Develop Product Specifications Edit Connectivity command
dialog box 126 View menu, PFD 190, 191
Develop Stream specifications form Electrical
130, 241, 242 installation bulk 217
Develop Streams dialog box 136, material costs and man-hours
137, 240, 242 207
Develop Utiltiy Specifications dialog Electricity
box 111
Index 491
operating unit costs Evaluate button
specifications 122 Component Specifications form
E-mail 205, 502
reports 453, 454, 459, 460 Evaluate Item command 502
EML See Equipment Model Library Evaluate Project button
(EML) toolbar 44, 417
Engineering schedule Evaluate Project command
Project Schedule Data Sheet 473 Run menu 46, 417
Engineer-Procure-Construct (EPC) Evaluation
period item 501
Cashflow spreadsheet Preferences 57
(CASHFLOW.ICS) 487 project 417
Executive Summary spreadsheet Evaluation Engine 12, 265, 465
(EXECSUM.ICS) 493 Excavation and backfill
Investment Parameters 117 civil installation bulk 214
Engineer-Procure-Construct period Excel Custom Model files 230234
Project Summary spreadsheet Excel reports
(PROJSUM.ICS) 480, 481 Auto Filter 460
EPC See Engineer-Construct- descriptions 457
Procure (EPC) period opening 457
EPC Phase Exchange rate See Also Currency
Project Input worksheet 435 Conversion Rate
EQUIP.ICS Analyzer Economics Module
investment analysis (AEM) 425, 433
spreadsheets 476 EXECSUM.ICS 492495
Equipment Executive Summary spreadsheet
adding 200 492495
cost 477 Exit command
Equipment Model Library (EML) IPE File menu 4850
adding an item to 302 Expenses
adding EML item as a component 304 Cashflow spreadsheet 490
creating 300 Export to Excel Trending Report
definition 299 dialog box
Equipment Summary Aspen Icarus Reporter 462
investment analysis Export to Excel Workbook dialog
spreadsheets 476 box
ERROR message 418 Aspen Icarus Reporter 454, 458
Error Messages command Export to SPECS Command
View menu 48 File menu 45
Escalating library costs 316 Export Trend Data into Excel dialog
Escalation box
Cashflow spreadsheet Aspen Icarus Reporter 463
(CASHFLOW.ICS) 487, 488 External Simulation Import Tool
cost libraries 316 command
Investment Parameters 117 Tools menu 48
Project Basis worksheet,
Analyzer Economics Module F
(AEM) 427
Project Input worksheet 436 Facility Type
Project Summary spreadsheet Investment Parameters 119
(PROJSUM.ICS) 481, 484 FATAL message 418
Estimate Class 69 Figures worksheet
Estimate Date 69
492 Index
Analyzer Economics Module project specifications 67
(AEM) 429 General rates
File menu construction workforce 8285
Aspen Icarus Reporter menu bar General Specs 7377
442 Gray borders
IPE menu bar 45 Component Specifications form
Fit into one page 204
Zoom dialog box 161 Green borders
Float in Main Window command 41 Component Specifications form
Flow rate units 204
product specifications 127 Grid Settings command
Fluid classes View menu, PFD 189, 190
utility streams 112 Grids
Foaming tendency viewing in Block Flow Diagram
trayed towers, design criteria (BFD) 163
105 viewing in Process Flow Diagram
Foreman wage rate (PFD) 190
general wage rates 85 Grids Visible command
Form work View menu, BFD 163
civil installation bulk 214 Grout
Fraction basis 133 civil installation bulk 214
Freeze Content button
Properties Window 40 H
Freight
General Specs 75 HD 223
Fuel Heat exchangers
operating unit costs design criteria specifications 102
specifications 122 sizing 262264
Furnace fractional efficiency utility specifications 111
heat exchanger design criteria Help menu 50
101 Helper wage rate
FVI (Future Value of Inflows) general wage rates 85
Cashflow spreadsheet 490 HETP (height equivalent of a
theoretical plate)
packed towers, design criteria
G
104
G and A Expenses Historical Data 223
Cashflow spreadsheet Hot Inlet Stream field 245
(CASHFLOW.ICS) 488 Hot Outlet Stream field 248
Investment Parameters 119 HTML reports
Project Summary spreadsheet descriptions 451
(PROJSUM.ICS) 483 Item Report 57
Galvanizing (for steel) opening 452, 453
paint installation bulk 223 Hyprotech
General and administrative costs link to IPE 7, Also See HYSIM,
Investment Parameters 119 HYSYS
Project Summary spreadsheet HYSIM
(PROJSUM.ICS) 483 map specs 96
General investment parameters models used in sizing towers 267
Project Input worksheet 436 simulator report preparation
General Project Data 149150
creating a new project scenario HYSYS
19 map specs 97
Index 493
models used in sizing towers 267 general wage rates 83
Project Summary spreadsheet
I 483
reports 483
Icarus Editor Unit Cost Library (UCL) 299
printing report 468 Indirects
printing report section 467 general wage rages 83
reviewing results 466475 INFOmational message 418
toolbar 468 Input Units of Measure
Tools menu 48 Specifications dialog box 18,
Icarus Evaluation Engine (IEE) 71
265, 465 Installation bulks
Icarus interface 2842 accessing 205
Icarus Object files 142 civil 213
Icarus Project Component duct 213
Selection dialog box 304, 311, electrical 217
313 instrumentation 214
Icarus Reference 12 insulation 222
IEE See Icarus Evaluation Engine introduction 205
(IEE) material man-hour additions 210
Import command paint 222
File menu 45 pipe details 211
Libraries view, Palette 142, 317 pipe spec 210
Import Connected Streams option Preferences 58
Preferences 59 steel 214
Import Data command Installation manual 12
File menu, Aspen Icarus Reporter Instrument air
442 operating unit costs
File menu, Aspen Icarus Reporter specifications 122
464 utility costs, Project Summary
Import Installation Bulks option spreadsheet 486
Preferences 59 Instrument volumetric model 214
Import Selection dialog box 216
Aspen Icarus Reporter 464 Instrumentation
importing installation bulk 214
izp files 23, 24, 25 loop adjustments 216217
project files 23, 24, 25 material costs and man-hours
zip files 23, 24, 25 207
Importing Insulation
areas 224 installation bulk 222
components 224 material costs 207
project from previous version Interactive sizing 237243
2022 Interactive Sizing form 166, 169,
scenarios 226 244, 248
specification files 142 Interest rate
Inch-Pound (IP), units of measure Project Input worksheet 436
18, 141, 142 Interface layout 2842
Incomplete items 34 Save Window States option
Indexing 57
Project Basis specifications 87 Internal Rate of Return (IRR)
Indicating signal Cashflow spreadsheet 491
instrumentation loop 216 Statements worksheet 428
Indirect costs Status worksheet 424
494 Index
Intrusion Detection Systems 218 Libraries
Investment Analysis Basis for Capital Costs 70, 139
project specifications 114128 cost libraries 286319
viewing in MS Excel 476 Design Criteria 139
Investment Analysis View Equipment Model Library (EML)
command 300
View menu 47, 476 input units of measure 7071
Investment Parameters moving to another directory 144
libraries 139 Project Component Map
project specifications 114122 Specifications 139
selecting defaults 140 specification libraries 139143
IP, units of measure 18, 141, 142 Unit Cost Library (UCL) 307
IPE 5.0/5.1 Utility Specifications 139
importing from 2022 view 36
IRR (Internal Rate of Return) Licensor Quote 223
Cashflow spreadsheet 491 Liquid entrainment method 108,
Item evaluation 501 281
Item Report List view
instructions for running 502 description 33
Preferences 57 mapped components 170
Item Report command 502 simulator file name 155
izp files Status column 170, 201
importing 23, 24, 25 Load Data button
toolbar 44, 155
J Load Data command
Run menu 46, 155
JIS Locations
pressure vessel design code plant relocation 321
selection 76 plant/project location 75, 479
Job Number field 69 Preferences 6063
Junction boxes Loops
instrumentation loop 216 instrumentation installation bulks
214
L modifications 216217
LQ 223
Labor cost per unit
Unit Cost Library (UCL) 309
Labor hours per unit M
Unit Cost Library (UCL) 309 Magnification
Labor Unit Costs Aspen Icarus Reporter 445
operating unit costs Block Flow Diagram (BFD) 161
specifications 121 162
Laboratory charges Main product
Project Input worksheet 436 Project Summary spreadsheet
Laboratory Charges 485
Investment Parameters 118 Main Window
Project Summary spreadsheet display options 41
480, 483 interface, default position 29
Ladders, steel - installation bulks printing 45
214 understanding 3032
LAN 217 Management reports 453456
Length of Start-up Period Man-hour indexing 87
Investment Parameters 120 Manufacturing cost parameters
Index 495
Project Input worksheet 435 Develop Stream specifications
Map All Items option form 131
Map dialog box 165 Mixture Specs
Map command developing streams 132
pop-up menu 164 Modify command
Map dialog box 165 simulator block 156
Map Items button streams 196
toolbar 164 Modify tab view
Map Items command Develop Streams dialog box 129
Run menu 46, 164 MTD See Mean temperature
Map Selected Item(s) option difference (MTD)
Map dialog box 165 Multi-core runs
Map Unsupported Models To instrumentation loop 216
Quoted Cost Item
Preferences, Process tab 59 N
Mapping simulator models
instructions 164171 Net Earnings
specifications 94 Cashflow spreadsheet 489
units of measure mapping specs Net Present Value (NPV)
9093 Cashflow spreadsheet 490
unsupported models 59, 94 Statements worksheet 428
Mass flow Status worksheet 424
Develop Stream specifications Net Return Rate (NRR)
form 132 Cashflow spreadsheet 491
Material and man-hour additions New command
installation bulks 210 File menu 16, 21, 45
Material and man-hour New Component Information dialog
adjustments box 201
installation bulks 207, 232 New Project button
Material and man-hour indexing 87 toolbar 16, 44
Material cost per unit NPV (Net Present Value)
Unit Cost Library (UCL) 309 Cashflow spreadsheet 490
Material costs NRR (Net Return Rate)
indexing 87 Cashflow spreadsheet 491
Material Index Info form 88 Number of Periods for Analysis
Material streams Investment Parameters 116
product specifications 125 Number of shifts 83
Mean temperature difference Project Input worksheet 436
(MTD) 263 Number of Weeks per Period
Menu bar Investment Parameters 115
Aspen Icarus Reporter 442
IPE 29, 4850 O
Meteorological Monitoring Systems
OK button
218
Develop Stream specifications
Metric, units of measure 18, 141,
form 130
142
Installation Bulks form 58, 206
Microsoft Access Database (.mdb)
Mat'l Man-hour Adjustments
file 465
form 210
MIRR (Modified Internal Rate of
Open button
Return)
toolbar 26, 44
Cashflow spreadsheet 491
Open command
Mixture button
File menu 25, 45
496 Index
Palette Projects view 26 Component Specifications form
Open Existing Project dialog box 26 204, 206
Open Workbook command Options menu
File menu, Aspen Icarus Reporter Component Specifications form
442, 461 58, 204, 206
Opening an existing project 25 Options sub-menu
Operating and Maintenance Labor Tools menu 48
Escalation Order Number 229
Investment Parameters 118 Overall column efficiency
Project Summary spreadsheet design criteria specifications 106
(PROJSUM.ICS) 482 tower sizing 275
Operating charges Overdesign factor 249
Cashflow spreadsheet 487 heat exchangers 102, 263
Investment Parameters 118 pumps 101
Project Input worksheet 435 Overtime
Project Summary spreadsheet hours,general wage rates 84
480, 483 rate, general wage rates 84
Operating costs Overwrite Project Backups option
Cashflow spreadsheet 489 57, 58
Figures worksheet 429
introduction to IPE 8 P
Investment Parameters 118
product specifications needed to P&ID button 211, 214
evaluate 126 Packed towers
Project Summary spreadsheet design criteria specifications 103
480 sizing 278, 279
raw material specifications PAGA 217
needed to evaluate 123 Paging and General Alarm Systems
Operating Hours per Period 217
Investment Parameters 120 Paint
Project Summary spreadsheet material costs 207
480 Palette
Operating labor and maintenance Components view 37, 38, 200
Project Input worksheet 436 cost libraries 300319
Operating labor and maintenance description 3539
costs Docking and undocking 41
Cashflow spreadsheet 487, 488 dragging components from 200
Investment Parameters 118, 121 floating in Main Window 41
Project Summary spreadsheet hide/display 38
482, 485486 interface, default position 29
Operating Mode Libraries view 36, 139143,
Investment Parameters 119 300319
Operating supplies opening projects 26
Project Input worksheet 436 Projects view 26, 35, 39, 61
Operating Supplies Recent Items folder 200
Investment Parameters 118 specification libraries 139
Project Summary spreadsheet View menu 47, 188
480 Paste button
Operating Unit Costs toolbar, Icarus Editor 468
libraries 139 Paste command
project specifications 120122 project components 227, 228
selecting defaults 140 Patents and royalties
Options button Project Input worksheet 435
Index 497
Payout period tower configurations 173, 270,
Cashflow spreadsheet 491 272
Period Description Preferences
Investment Parameters 115 accessing 55
Phase durations Backup tab view 58
Project Input worksheet 435 buttons 55
Phases description 55
Stream Input worksheet 437 General tab view 56
PI (Profitability Index) introduction 55
Cashflow spreadsheet 492 Locations tab view 6063
Pile types 79 Process tab view 59
Pipe Details installation bulk 211 prompts 56
Pipe Spec installation bulk 210 saving window states 57
Pipe volumetric model 211213 Tools menu 48
Piping Prepared By field
installation bulks 210, 211213 general project date 69
material costs and man-hours Present Value of Cashflows
207 Cashflow spreadsheet 490
volumetric model 212 Pressure vessel design code
Piping and Instrumentation General Specs 76
Drawings (P&ID) manual 211, Primary fluid component 131, 133,
214 241
Plant bulks Print command
component categories 198 IPE File menu 45
difference from installation bulks Print Preview command
205 File menu 45
Plant capacity Print Setup command
changing 321 File menu 45
Plant location Printing
changing 321 Aspen Icarus Reporter 447
Plant Overhead forms and reports in Main
Cashflow spreadsheet 487 Window 45
Investment Parameters 118 Icarus Editor 467
Project Summary spreadsheet Pro/II
481, 483 models used in sizing towers 267
Platforms, steel - installation bulks R/R minimum 103
214 simulator report preparation
PO (Payout Period) 152153
Cashflow spreadsheet 491 Problem description
PODE (Payout Period Desired SimSci report preparation 152
Cashflow spreadsheet 488 Process Complexity
Ports Visible button contingency affected by 78
toolbar 44, 191 General Specs 74, 75
Ports Visible command Process connection
View menu, PFD 189 intrumentation loop 216
Potable water Process Control
operating unit costs specifiations General Specs 75
122 Process Description
utility costs, Project Summary contingency affected by 78
spreadsheet 486 equipment design allowance
Precooler affected by 78
suffix for mapping 168 General Specs 74, 75
498 Index
Process Design specifications 89 specification libraries 139
114 Streams 128139
Process equipment 198 Project Basis view 30
Process Flow Diagrams (PFD) 187 Project Basis worksheet
196 Analyzer Economics Module
Process Fluids (AEM) 427
Investment Parameters 120 Project Capital Escalation
Process options Cashflow spreadsheet 487, 489
Preferences 59 Investment Parameters 117
Process Stream field Project Summary spreadsheet
product specifications 127 481, 484
raw material specifications 124 Project capital evaluation
Process vessel height to diameter Project Input worksheet 436
ratio Project component
design criteria specifications 106 connecting to stream 192
vessel sizing procedure 283, 285 Project Component Map Preview
Product escalation dialog box 167, 169, 171
Project Input worksheet 437 Project Component Map
Product sales Specifications
per hour, Project Summary dialog box 93
spreadsheet 485 libraries 139
per period, Project Summary project specifications, Process
spreadsheet 485 Design 9398
total, Project Summary selecting defaults 139
spreadsheet 482 Project components
Product specifications adding 200
investment analysis component specifications 203
specifications 125128 copying 226
libraries 140 deleting 228
selecting defaults 140 Equipment Model Library (EML) items
Product Support on the Web 304
command importing 224
Help menu 50 installation bulks 205
Production re-numbering 229
Stream Input worksheet 438 Unit Cost Library (UCL) item 310
Production operations Project cost
Stream Input worksheet 437 Cashflow spreadsheet 487
Productivity adjustments 83 contingency percentage 74
Products Escalation Project Summary spreadsheet
Investment Parameters 117 484
Project Summary spreadsheet Project Data Sheet
481 reports, Icarus Editor 471
Profitability Index Project Description
Cashflow spreadsheet 492 Project Properties 18, 67
Project areas See Area Project Summary spreadsheet
Project Basis 478
Basis for Capital Costs 6987 Project directories
default specifications 139 alternate directories 61
General Project Data 67 copying 54
introduction 66 default, setting 62
Investment Analysis 114128 Project evaluation
Process Design 89114 Preferences 57
Project Properties 66 running 417
Index 499
scan for errors 57, 418 Project Summary spreadsheet
Project Explorer 29, 30 479
Docking and undocking 41 Project view 30
floating in Main Window 41 projects
interface, default position 29 creating from imported
relation to Palette 35 templates 28
View menu 47, 188 Projects
project files copying 54
importing 23, 24, 25 creating 1620
Project in use - message 53 deleting 51
Project Input worksheet opening existing 25
Analyzer Economics Module view 35, 39
(AEM) 422, 430431 PROJSUM.ICS
Analyzer Economics Module investment analysis 477486
(AEM) 432437 Prompts
Project Location Preferences 56
General Specs 75 Properties Window
Project Name description 40
Aspen Plus - Aspen Process Docking and undocking 41
Economic Analyzer simulator floating in Main Window 41
link 146, 151 Freeze Content button 40
Cashflow spreadsheet 493 interface, default position 29
Create New Project dialog box relationship to specifications
17, 21 form 40
Project Summary spreadsheet View menu 47, 188
478 PROVISION See SimSci's Pro/II
Save As dialog box 51 with PROVISION
Project Properties Pump overdesign factor
creating a new project 18 design criteria specifications 101,
Project Basis specifications 66 265
Project scenarios sizing procedures 265
creating new 16 Pumps
deleting 51 design criteria specifications 101
importing 226 sizing 238
opening existing 25 PV (Present Value)
salvaging 52 Cashflow spreadsheet 490
saving 50 PVI (Present Value of Inflows)
unlocking 53 Cashflow spreadsheet 490
Project Schedule Data Sheet PVO (Present Value of Outflows)
reports, Icarus Editor 473 Cashflow spreadsheet 490
Project Summary PVOP (Present Value of Outflows
reports, Icarus Editor 470 Products)
Project Summary spreadsheet Cashflow spreadsheet 490
(PROJSUM.ICS) 477486 PVOS (Present Value of Outflows
Project Title Sales)
General Project Data 68 Cashflow spreadsheet 490
Project Summary spreadsheet
479 Q
Project Type
contingency affected by 78 Question mark in Status column
Executive Summary spreadsheet component specifications 170,
495 203
General Specs 74, 75 Quoted cost item
500 Index
mapping overhead/bottoms split Refrigerant 246
to 269 Relation attributes 465
mapping unsupported models to Relative Basis
59 streams 128, 132, 137138, 194
Quoted cost items Relocating
mapping unsupported models to introduction 9
94 Remarks field
Quoted cost per item 223 project properties 18
Quoted equipment 198, 205 Project Properties 67
Re-number command
R Run menu 229, 230
Re-numbering
Radio Systems 218 areas 230
Rate field project components 229
product specifications 127 Report files
raw material specifications 124 Reporting Assistant 496
Rate Units field Report templates
product specifications 127 Reporting Assistant 496
raw material specifications 124 Reporter See Aspen Icarus
Raw material Reporter
costs, Cashflow spreadsheet 487 Reporting Assistant 495501
costs, Executive Summary Reports
spreadsheet 494 customizing 495501
costs, project specifications 125 data trending 461463
costs, Project Summary Excel 419, 453460
spreadsheet 482, 484 HTML 451453
escalation 117, 482, 487 Item report 501
project specifications 122125 Management reports 453
Raw Material Escalation producing 417, 419, 501
Cashflow spreadsheet 487 Standard reports 443451
Investment Parameters 117 Reroute All Streams command
Project Summary spreadsheet Run menu 188
482 Reset button
Raw Material Specifications Develop Stream specifications
investment analysis, project form 130
basis 122125 Residence time
libraries 140 design criteria specifications 105,
selecting defaults 140 106, 107
Raw materials sizing crystallizers 260
escalation 437 sizing vessels 280, 283, 285
Stream Input worksheet 438 Re-Size command
Rebar project component pop-up menu
civil installation bulk 214 166, 239
Recent Items folder 200 RESULTS workbook
Reconnect Sink command Analyzer Economics Module
stream, Process Flow Diagrams (AEM) 424430
(PFD) 196 Revenue
Reconnect Source command Cashflow spreadsheet 489492
streams, Process Flow Diagram Royalties See Patents and
(PFD) 196 royalties, Project Input
Red borders worksheet
Component Specifications form Run Report command
204
Index 501
File menu, Aspen Icarus Reporter Project Schedule Data Sheet 473
442 Screens
design criteria specifications 110
S Select command
Project Basis pop-up menu 143
Sales Select Import Type dialog box 22
Cashflow spreadsheet 488 Select Simulator Type dialog box
Salvage Project As dialog box 53 154
Salvage Value Sensor
Project Input worksheet 436 instrumentation loop 216217
Salvage Value (Percent of Initial Separation factor
Capital Cost) design criteria specifications 108
Cashflow spreadsheet 487 sizing vessels 280, 281
impact on depreciation 116 SG 223
Investment Parameters 116 Show Page Bounds
Project Summary spreadsheet View menu, BFD 163
481 View menu, PFD 189
recouped 491 Sieve tray design 277
Salvaging project scenarios 52 Signal cabling, instrumentation -
Save As command installation bulks 214
File menu 45, 51 SimSci's Pro/II with PROVISION
Save button models used in sizing towers 268
toolbar 44, 50 R/R minimum 103, 279
Save command SHORTCUT column operation
File menu 45, 50 279
Save Window States checkbox simulator report preparation
Preferences 57 152153
Saving Simulation reports
cached information 52 Aspen Plus 268, 270
project scenarios 50 ChemCAD 147148
window states 57 HYSIM 149150, 268, 270
Saving Window States 43 HYSYS 268, 270
Scan for Errors before evaluation loading 30
Preferences 57 Pro/II 152153, 268
Scan Messages 418 selecting 154
Scenario Description Simulation Sciences Also See
General Project Data 68 SimSci's Pro/II with
Project Summary spreadsheet PROVISION
479 link to IPE 7
Scenario Name Simulator data
creating a new project 17 loading 153157
importing Standard Basis from mapping 164171
5.0 21 mapping specifications 94
Project Summary spreadsheet unsupported models 59
478 Simulator File Name
Scenario reporting project specifications, Process
Project Input worksheet 433 Design 154
Scenarios Simulator Type
creating 1620 Executive Summary spreadsheet
importing 226 494
opening existing 2528 project specifications, Process
Schedule Design 153
Project Input worksheet 433
502 Index
Project Summary spreadsheet duplicating 142
478 importing 142
Simulator Units of Measure introduction 139
Mapping Specs modifying 142
libraries 140 moving to another directory 144
project specifications, Process selecting 143
Design 9093 Specification libraries
selecting defaults 140 customizing 140143
Single Component Summary introduction 139
Report moving to another directory 144
Preferences 57 SPECS workbook
Single Source Quote 223 Analyzer Economics Module
Site development 198 (AEM) 420424
Size button 237, 244 Spreadsheets
Size Icarus Project Component(s) customizing 495501
options SQL database
Map dialog box 166 exporting to Microsoft Access
Size Item option 193, 237 465
Sizing SS 223
calculations 254285 Stairs, steel - installation bulks 214
ChemCAD items 148 Standard Basis
defaults 254285 file, selecting 143
HYSIM items 149 input file, General Project Data
mapped components 166, 169, 68
237 Standard reports
overview 237 descriptions 443, 448447
parameters 99, 102, 103, 104, navigating 444
105, 107, 108, 111 opening 443
requirements 254285 printing 447
Sizing Expert 111, 166, 193, 237 searching 446
243 Start date, basic engineering
Sizing Method field Executive Summary spreadsheet
Equipment Model Library (EML) 493, 495
303 General Specs 76
sizing parameter symbols 305 Project Summary spreadsheet
Snap to Grid checkbox 479, 480, 484
Grid properties 190 Starting program 15
Snap to Grid command Start-up period, length
View menu, BFD 163 Investment Parameters 120
View menu, PFD 189 Statements worksheet
Soil conditions Analyzer Economics Module
General Specs 76, 78 (AEM) 428
Solids handling information Status bar 29
design criteria specifications 110 View menu 47, 188
Source Status column
Map dialog box 165 List view 170, 201
Source of quote 223 Status worksheet
Specification basis Analyzer Economics Module
product specifications 127 (AEM) 424
raw material specifications 124 Steam utility 246
Specification files Steel
creating 141 installation bulk 214
deleting 143
Index 503
material costs and man-hours Project Summary spreadsheet
207 481
Straight Line Taxes
Investment Parameters, amount owed, Cashflow
Depreciation Method 116 spreadsheet 489
Stream Input worksheet General Specs 75, 77
Analyzer Economics Module indirects, Project Summary
(AEM) 437438 spreadsheet 483
Analyzer Economics Module Telephone Systems 217
(AEM) 430431 Template files
Analyzer Economics Module Reporting Assistant 497
(AEM) 422 templates
Streams adding 27
absolute basis 138 creating projects from 28
adding 136, 193 Templates Tab 41
basis mode 138 TEX (Total expenses)
connecting to equipment during Cashflow spreadsheet 490
sizing 243250 Tile command
connectivity, Process Flow Window menu 31, 49
Diagram (PFD) 191 Time period
creating 136, 193 Project Input worksheet 434
creating from Project Explorer Timed backup 58
239243 Timed Recovery 58
deleting 139, 196 Toolbar
material 125 buttons 43
modifying 129 description 43
process 127 docking 43
product specifications 125 interface, default position 29
relative basis 138 View menu 47, 188
Streams List command Tools menu 48
View menu, BFD 163 Total direct cost
View menu, PFD 189 Capital Cost report, Icarus Editor
Subcooling 475
tower configurations 173 Equipment Summary
Suffixes spreadsheet (EQUIP.ICS) 477
mapping 168 Total earnings
Sum of the Digits Cashflow spreadsheet 489
Investment Parameters, Total Expenses
Depreciation Method 116 Cashflow spreadsheet 490
Supervision Total Manpower Schedule
costs, Project Input worksheet reports, Icarus Editor 471
436 Total Operating Cost, Executive
System cost base date Summary spreadsheet 494
Executive Summary spreadsheet Total project cost
494 Cashflow spreadsheet 487
Project Summary spreadsheet Project Summary spreadsheet
479 484
Tower configurations
T mapping 168, 175185, 269
272
Tax Rate Training command
Cashflow spreadsheet 487 Help menu 50
Investment Parameters 116 Transducers
504 Index
instrumentation loop 216 Project Summary spreadsheet
Transmitters, instrumentation - (PROJSUM.ICS) 482
installation bulks 214 Utility costs
Trayed towers Cashflow spreadsheet 487
design criteria specifications 104 Executive Summary spreadsheet
sizing 275, 276, 279 494
Trend menu, Aspen Icarus heat-transfer utilities 114
Reporter 442, 462 non-heat transfer utilities 121
Trending database reports 461 Project Summary spreadsheet
463 486
Trim cooler Utility Specifications
suffix for mapping 169 libraries 139, 140
tower configurations 173, 270, project specifications 110114
272 selecting defaults 140
Utility stream
U creating 111
modifying 111
UCL See Unit Cost Library (UCL) Utility Unit Costs
Unique Project Backup options 59 operating unit costs
Unit Cost field specifications (non-heat
product specifications 128 transfer utilities) 121
raw material specifications 125 utility specifications (heat-
Unit Cost Library (UCL) transfer utilities) 114
adding an item to 308
adding UCL item to a project 310
V
creating 307
definition 299 Valve tray sizing 278
Units of measure Vapor disengagement height
input customization 18, 70 towers, design criteria 103
output (reports) customization VB 223
72 VBL 223
project properties 18 Vendor Budget Quote 223
Unit Cost Library (UCL) 309 Vendor Budget Quote Long Lead
Units of Measure Specification 223
dialog box 90 Vendor Firm Quote 223
Unlock command 53 Vendor Firm Quote Long Lead 223
Unsupported simulator models Vessel
Preferences 59 design criteria specifications
Update button 108110
Develop Stream specifications diameter, General Specs 76
form 130 height to diameter ratio 106,
User Custom Model 230234 283, 285
Utilities sizing 238, 280
escalation 437 VF 223
list of availiable utility resources VFL 223
246 View Existing Trend Data command
Stream Input worksheet 438 Trend menu, Aspen Icarus
usage estimation 134 Reporter 442, 464
Utilities Escalation View menu 47, 188
Cashflow spreadsheet 488
Investment Parameters 118 W
Project Input worksheet 437
Wage rates
Index 505
construction workforce
specifications 8286
WARNing message 418
What-You-See-Is-What-You-Get
Zoom dialog box 161
Window menu 49
Window States
Saving 43
Window states, saving 57
Workbook mode
understanding 3032
View menu 47, 188
Workforce reference base
General Wage Rates 84
Working capital
Project Input worksheet 435
Working capital percentage
Project Input worksheet 431
Working Capital Percentage
Investment Parameters 118
WYSIWYG
Zoom dialog box 161
Z
zip files
importing 23, 24, 25
Zoom
Aspen Icarus Reporter 445
Block Flow Diagram (BFD) 161
162
toolbar 44
506 Index