What’s more, with the Oil and Gas Authority estimating the total cost of oil and gas decommissioning to be £51 billion, the simulator will help the industry plan projects and make informed decisions based on data according to Roger Esson, head of industry and partner network at the Net Zero Technology Centre. “With data science, visualisation and computer modelling at its core, the Data for Net Zero project will utilise the centre’s simulator to power forward a reimagined offshore energy system enabled by data sharing and evidence-based decision-making,” Myrtle Dawes, solutions centre director at the Net Zero Technology Centre, explained at the suite’s launch. The Scottish government is currently supporting a raft of research schemes as part of the Net Zero Technology Centre-led Data for Net Zero project – one of seven energy transition schemes to receive a portion of £16.5 million awarded in August to help shift Scotland towards a net-zero economy, transform the North Sea energy system and deliver in the region of £403 billion for the economy and 21,000 jobs by 2050. The Net Zero Technology Centre’s staff are also harnessing these capabilities to create a virtual model of the North Sea in a project dubbed ‘Smart Basin’ – which involves mapping all offshore oil, gas and renewable infrastructure and compiling key information such as lifespan, greenhouse gas emissions, and power usage. Launched under a partnership between the University of Aberdeen and the Net Zero Technology Centre, the £1.6 million facility has been jointly funded by the UK and Scottish governments and the Net Zero Technology Centre through the Aberdeen City Region Deal – a 10-year investment programme supported by £125 million from each government, and a further £575 million from regional public and private partners.ĭesigned for detailed marine technology and operational simulations as well as complex data modelling and visualisation, the suite provides a virtual environment where users can game offshore and subsea operations such as the removal or installation of energy infrastructure.
#Tech utilities cost install#
By removing these bottlenecks in the construction process, utilities can install more assets faster, and that has a direct impact on costs and earnings.September saw the unveiling of an immersive marine simulation suite at the National Decommissioning Centre in Newburgh, Aberdeenshire, in an effort to transform offshore infrastructure projects in the North Sea – which covers an area of 220,000 square miles. An advanced digital construction platform can do this digitally and with existing crews, without the need for third-party surveying crews. Utilities may employ hundreds of internal surveyors to create as-builts.
#Tech utilities cost manual#
Digital Construction Management (DCM) platforms, such as Locusview, can solve these problems by replacing manual as-builts with a digital as-builting solution.
Digital construction technology empowers utility leaders with the advanced tools they need to solve these challenges. Typically, high-cost areas of construction projects include the human workforce, infrastructure repairs, construction project delays and loss of materials. In addition to modernizing manual processes with digital methods, technology solutions can also lower costs and boost revenue. This is an issue virtually every utility leader is concerned with, as well as their boards of directors and finance departments. Utility projects in the power generation space are undergoing rapid digital acceleration, which means groups are looking for technologies that can help reduce construction costs. One of the biggest challenges facing utility companies is the need to reduce costs and operational risks while maximizing revenue.
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