Aspen Process Economic Analyzer (APEA)

  • Aspen Process Economic Analyzer (APEA)
  • France - Paris

Aspen Process Economic Analyzer (APEA)

Course Category : Project Management

An advanced technical course designed to develop professional competence in estimating capital and operating costs directly from process simulation models using Aspen Process Economic Analyzer, supporting sound design and investment decisions
Duration: 5 Days
Level: Advanced.

Starts On

27 - July - 2026

Ends On

31 - July - 2026

Location

France - Paris

Language

English

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View Course Introductory PDF

Targeted Audience

  • Process Engineers
  • Process Design Engineers
  • Industrial Development Engineers
  • Cost and Planning Engineers
  • Project Engineers
  • Techno-economic analysis specialists

Targeted Skills

  • Linking Aspen Plus and HYSYS models with APEA
  • Capital expenditure (CAPEX) estimation
  • Operating expenditure (OPEX) estimation
  • Industrial project feasibility analysis
  • Economic comparison of design alternatives
  • Interpreting economic results for decision-making

Expected Outcomes

  • Using Aspen Process Economic Analyzer to estimate industrial costs accurately.
  • Extracting CAPEX and OPEX directly from simulation models.
  • Analysing economic feasibility of industrial projects.
  • Comparing design scenarios from an economic perspective.
  • Supporting design and investment decisions with reliable cost data.

Training Topics Index

  • Role of economics in process design
  • CAPEX versus OPEX
  • Design–cost relationship
  • APEA within Aspen tools

  • Importing data from Aspen Plus
  • Importing data from Aspen HYSYS
  • Data validation
  • Economic analysis environment setup

  • Equipment cost estimation
  • Installation and construction costs
  • Engineering cost factors
  • Total plant cost estimation

  • Utilities and energy consumption
  • Raw materials and chemicals
  • Maintenance and labour
  • Annual operating cost analysis

  • Economic report interpretation
  • Design an alternative comparison
  • Economic sensitivity analysis
  • Investment decision support