During the gas utilization panel at ADI Analytics’ annual oil & gas conference at the 2019 ADI Forum, Fabio Ribeiro, Director, CISTAR, discussed the intertwined relationship between economics and innovation. He explained that overcoming the technical, economic, and environmental barriers of new processes requires a systems-based approach where economic analysis guides technical decisions, encompassing modular design and lifecycle assessment. This early integration ensures alignment between research teams and engineers, mirroring real-world industry collaborations. The discussion highlighted how economic analysis shapes process development, the significance of modular design and lifecycle assessment, and the crucial role of collaboration between lab teams and engineers in driving technological breakthroughs. Watch now to understand how economic thinking propels technological innovation.
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ADI is a prestigious, boutique consulting firm specializing in oil and gas, energy, and chemicals since 2009. We bring deep expertise in a broad range of markets where we support Fortune 500, mid-sized and early-stage companies, and investors with consulting services, research reports, and data and analytics, with the goal of delivering actionable outcomes to help our clients achieve tangible results.
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