Digital Lifecycle Excellence in Energy and Utilities
Integrate your hydrogen plants for improved production, performance and sustainability—from design through operations
This executive brief from Siemens Digital Industries Software addresses the critical challenges and opportunities in the hydrogen production industry, focusing on digital lifecycle excellence. The document outlines how the hydrogen sector is positioned to play a crucial role in achieving net-zero goals, with projected demand reaching up to 585 Mtpa by 2050.
The brief highlights three main challenges:
- The complex nature of hydrogen plants, which are capital-intensive and require significant infrastructure investment
- Data management issues, including poor interoperability and inefficient document handling
- The need for digital transformation to remain competitive in a rapidly evolving market
The solution proposed centers on implementing a comprehensive digital lifecycle approach that includes:
- Integration of design and operations through digital twins
- Cloud-based solutions for improved accessibility and efficiency
- Modern data management systems to replace traditional spreadsheet-based approaches
- Enhanced interoperability between systems
- Smart technology adoption for better asset management
The document emphasizes that companies must embrace digital transformation to overcome current industry challenges, such as the $1.2 billion average cost overruns and typical project delays of six months to two years. It presents Siemens' digital solutions as a way to improve operational efficiency, reduce costs, and maintain competitiveness in the growing hydrogen economy while meeting sustainability goals.
The brief concludes by highlighting how digital investment and transformation are essential for hydrogen producers to attract investors, maintain market position, and prepare for future challenges in the energy sector.
