Emerald 2
As sustainable development becomes a global challenge, countries are pushing for promoting energy efficiency and reducing emissions. The world is moving towards a climate regime, one that would be governed by emission caps for both the developed and the developing world. As a consequence, energy intensive plants under emission caps will prepare for stricter regulations. In Europe there is already a move towards increased auctioning of emission allowances.
This is true for other parts of the world as well (like California, India, Australia ) where energy intensive plants are under emission/energy efficiency cap and trade or under a carbon tax. Plants need decision support systems which help them make optimal investment decisions on improving energy efficiencies and reducing emissions.
Logica’s Emerald 2 provides an ideal framework to account for, optimize and analyze a plant’s energy consumption,
Greenhouse Gas (GHG) and local emissions, waste generation and water usage. The framework consists of three
modules:
- The inventory module helps firms account for their sustainability parameters. The tool is built upon accepted accounting frameworks and protocols to enable companies to accurately account for their energy and GHGs and fulfill regulatory/voluntary reporting standards.
- The optimisation module, through linear programming algorithms, helps ascertain the least cost plan for energy efficiency improvement and emission mitigation.
- The analytics module helps model future uncertainties like regulatory changes, growth projections, oil price changes, mergers and acquisitions and analyse their impact on energy efficiency improvement costs, GHG abatement costs and corporate profitability, to drive strategic decisions.
If you have any queries, contact us.
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