Net Zero Goals Intertwine With A Viable Circular Economy, Says Sustainability Tech Expert

... The concept of a circular economy has been around decades. But of late, it has come into its own underpinned by action in multiple markets and sectors.

Meet Rasha Hasaneen, Chief Product and Sustainability Officer at specialist industrial software firm AspenTech , and a familiar name on the global net zero thought leadership circuit. For their part, specialist industrial software vendors are re-tuning and re-purposing their process control software for circularity. Hasaneen offered such a case in point for what her and AspenTech describe as"co-innovation" in the sustainability and circularity sphere."Two major refiners are using our digital modelling and advanced processing solutions to convert cooking oil and plastics to bio-fuels and synthetic crude respectively.

The emerging circular economy, already does, and will in the future continue to, rely on artificial intelligence , Industrial Internet of Things , predictive analytics and big data, for future process optimization and multiple industrial use cases. "There's an opportunity to leapfrog - like for instance many African markets did with mobile telephony - without meaningfully having to go down the route of fixed-line telephony. Leapfrogging of this sort can be, and is already being, applied to power grid solutions and renewable energy in Africa."

Aspentech Nasdaq: AZPN Circular Economy Energy Transition Net Zero Just Energy Transition Bio-Fuels OPTIMIZE24 Energy Trilemms

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