Process engineering and MMC: a Design to Value approach

SMEs make up a massive portion of the industry, with significant diversity, and we’ll probably also start seeing disruptors in this space as well..

The sticking point is that in order for hydrogen to be used successfully as an ingredient in these alternative fuels, it needs to be very inexpensive, costing less than one dollar per kilogram.This is significantly out of range for any of the prospects for renewables until 2050, largely because they are very dispersed, dilute energy sources.

Despite building renewables in windy and sunny places, and combining them to increase the capacity factors, there’s still a cost to transport those fuels around the world, leading to high prices.In contrast, with advanced heat sources, it’s possible to move into a shipyard based manufacturing environment to make offshore production platforms.These large, floating platforms are akin to what the oil and gas industries use today, and would enable us to achieve extremely low costs..

In essence, the proposed model here is the same as for repowering coal.We need to figure out how to make highly productive, manufactured products, in highly automated environments.

Ultimately, this would create the opportunity to move away from electricity generation, which is tethered to a transmission system and the electricity market, towards a commodities based system, focused around the production of a product which can be stored, transported and exported to global markets.

This is how we can free up siting opportunities, and enable very scalable, offshore siting to really come into its own.. We should also be looking to appropropriate some of the existing petrochemical supply chain, adopting its relevant skills, and the existing oil and gas infrastructure, and moving these elements into a better space.For instance, a good experience at a restaurant may start with the availability of the menus, ease of booking, adaptability to your needs.

Then move on to the welcome, the ambience, the food, the price, and so on.. And in the Value chain there may be clear ambiguities or conflicts that need to be resolved.These can be brought to life by creating a value landscape.

This is a visualisation of the different stakeholders.Take Company A that wants to deliver affordable quality housing as part of a long-term secure investment of funds.