Peaxy Unveils Hydrogen Digital Twin for Energy Sector Innovation
Key Ideas
- Peaxy introduces a pioneering Hydrogen Digital Twin technology for comprehensive modeling and simulation of renewable hydrogen plants, enhancing operational efficiency and project execution.
- The digital twin offers integrated solutions across the hydrogen value chain, providing clients with a holistic approach to plant development and critical insights on optimizing hydrogen production costs.
- The focus is on right-sizing hydrogen production by enabling clients to optimize plant design, enhance operational efficiency, and accelerate project execution through advanced digital modeling and simulation.
- This industry-first deployment marks a significant milestone for Peaxy in advancing the hydrogen economy, offering practical applications to drive efficiency and competitiveness for Fortune 200 companies.
Peaxy, a software company based in San Jose, California, has unveiled the industry's first Hydrogen Digital Twin technology designed for the energy and defense sectors. This innovative technology allows for the modeling and simulation of integrated renewable hydrogen plants, leading to optimized design, improved operational efficiency, and faster project execution. The Hydrogen Digital Twin by Peaxy offers a holistic approach to hydrogen plant development by providing insights into the entire value chain, including generating critical metrics like the Levelized Cost of Hydrogen (LCOH) to optimize production costs. Manuel Terranova, the CEO and President of Peaxy, emphasized the importance of this seven-year-long development, highlighting the interactive system visualization that helps in optimizing operations for a more sustainable energy future. The technology focuses on right-sizing hydrogen production, making it accessible for clients without a technical background to optimize plant design, enhance operational efficiency, and accelerate project execution through advanced digital modeling. Peaxy's deployment of this Hydrogen Digital Twin marks a significant step towards advancing the hydrogen economy and supporting Fortune 200 companies in achieving greater efficiency and competitiveness. With a mission to drive sustainability and efficiency in the energy sector, Peaxy continues to innovate in digital twin technology and predictive analytics.
Topics
Power
Renewable Energy
Innovation
Sustainability
Energy Sector
Engineering
Digital Twin
Software Technology
Fortune 200
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