These are times when digital and analytics are playing an important role in the Sustainability and Climate Change space. The drivers for ET and DZ include:
Voluntary
Corporate board decisions
Regulatory
CBAM | CSRD | EU ETS
Geopolitics & Market
Disruption in fuel | Raw material availability | Benefits of recycling | Branding
Currently, there is no scientific/analytical basis in large industries for determining ET/DZ investments. Recre8 addresses the white space through its AI solution (using Mixed Integer Linear Programming) that optimizes corporate investment plans and provides the roadmap for Energy Transition and Decarbonization. The analytical model is supported by a comprehensive database of Best Available Technologies (BAT) for hard-to-abate sectors like Iron & Steel, Cement, Power, Oil & Gas, Aluminium, Fertilizer, Chlor-Alkali, and Pulp & Paper.
Process Flow Replicated and Technical & Financial Data Captured for All Equipment
Our digital twin environment has mapped process flows for all hard-to-abate sectors, including technology and financial data at the equipment level. This data among others includes variables like - capacity installed, efficiency of the equipment, raw materials and energy used by each equipment, process and combustion emission factors and fixed costs & variable costs.