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| Techno Economic analysis on energy efficiency improvements |
Achieving sustainability targets such as energy efficiency improvement, emissions reduction, require changes to be made at the operational level. The operations planning exercise would identify the most optimum level of capacity utilization and technologies that will ensure maximum process efficiency within certain user defined energy/emissions constraints and budgetary limits.
Similarly, when buying new equipment for Greenfield/Brownfield projects, the capacity planning exercise needs to take into account not only the financial costs and the operational rating of the equipment but also their energy/emission implications.
Ecologix’s optimization tools EPCO and GAMCO help bring about this crucial alignment of operational decisions with the enterprise-wide sustainability strategies. This would help: |
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Chart out the least cost capacity plan and operations plan that can achieve set targets of energy efficiency improvement/emissions reduction |
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Align operational planning process with sustainability goals |
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Evaluate and compare the financial as well as environmental costs and benefits of various alternatives for energy efficiency improvement/emissions reduction |
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Improve pro-active preparedness to anticipated new regulations on energy/emissions, so that such regulatory compliance will require minimal operational readjustment and minimal investment |
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Measure, manage and report energy and environmental impact to internal/external stakeholders |
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Conduct scenario, sensitivity analysis on variables (eg capital costs, efficiencies, energy price changes, carbon prices, technology changes) under user defined single or multiple constraints |
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