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PILLAR · LEARN

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Understand industry step by step, from the basics of process and automation to functional safety, energy and the economics of a project. A knowledge tree organized by theme — concepts and learning paths, from beginner to expert — soon narrated in audio.

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The knowledge tree

Organized by theme. 22 pages online — branches grow week after week.

Understanding industrial economics

An engineer who understands money makes better technical decisions. Here are the basics — a taste of the "Industrial economics" path.

CAPEXCapital Expenditure — investment spending

Money spent once to acquire a durable asset: controllers, machines, construction, installation. Depreciated over the equipment's life.

OPEXOperational Expenditure — operating spending

Money spent continuously to run the asset: energy, maintenance, staff, consumables, licenses. Recurring, year after year.

TOTEXTotal Expenditure — CAPEX + OPEX

The sum of both. Picking gear that is cheaper to buy (low CAPEX) but energy-hungry (high OPEX) can cost more overall.

TCOTotal Cost of Ownership

The full cost across the whole life cycle: purchase, operation, maintenance, end of life. The real basis to compare two solutions.

ROIReturn On Investment / payback

How much an investment returns, and how long it takes to pay back. An energy-efficiency project with a 2-year payback is very attractive.

LCOELevelized Cost of Energy

The average cost of a produced MWh over a plant's whole life, CAPEX and OPEX included. Lets you compare solar, wind, gas, nuclear on one basis.

Take the full path (5 lessons + quizzes) →

Soon in audio

Academy lessons and Wiki pages will be narrated, as the article on AI in industry already is. Learn while driving, walking, eyes closed.

Hear an example →