Independent analysis confirms carbon emissions can be reduced while at the same cutting costs.

A detailed economic analysis, by independent ESG consultancy EMPIRE C&E has confirmed that carbon emissions and diesel costs, in the transport sector, can be reduced simultaneously using EPC+. Cutting emissions need not attract an additional cost and can deliver efficiencies.

ECONOMIC IMPACT

This table demonstrates the potential return on investment from blending EPC+ with standard diesel in a mining environment, based on 10 million litres consumed, and a diesel price of $1.65 and assumptions consistent with current industry standards. Savings increase as the fuel volume or diesel price increases. All assumptions are available on request.

These findings clearly demonstrate a positive NPV and a very short payback period ranging from two to eight months of the initial purchase, depending on the number of blending systems needed. The fewer the blending systems required the shorter the payback period.

Stress testing of these results, including for diesel prices and emissions offset value the NPV never went negative, and the ROI was never below 148%, demonstrating the excellent economics of the product and delivery system.

The analysis also confirmed significant emissions reductions using EPC+.

Developed in-house by TotalEnergies, and sold through 17,000 service stations worldwide, EPC+ is the only diesel concentrate developed in-house by one of the big 5 energy businesses.

ENVIRONMENTAL IMPACT

These graphs highlight the value proposition of EPC+ for emissions reductions. Without EPC+, the cost of emissions compliance for the example reviewed would have been an additional AU$2.3million. This makes the differential NPV AU$11.9 million, a 13% increase. That’s a significant reduction in emissions. 

In this case, our company has a growing reduction target, but EPC+ contributes almost a whole year’s worth of emissions reductions in the first year! As targeted emissions reductions rise (cumulatively) EPC+ continues to provide a strong foundation for ongoing emissions reductions from the base year.

Empire C&E director, Liz Aitken, confirmed that ‘EPC+ diesel additive delivers economic benefits across all measured parameters. With its rapid payback period and high NPV & ROI, EPC+ represents a great opportunity to reduce operational costs while simultaneously improving environmental impact and associated compliance costs.’

‘The analysis also found that emissions saving could be further boosted by incorporating HVO100 in the mix. Combining EPC+ and HVO100 (hydrotreated vegetable oil) provides a pathway to sustainability for diesel-heavy operations.’ Ms Aitken said.

Both EPC+ and HVO100 are both produced by TotalEnergies. They are available from fuel and emissions managers, GreenTECH Fuel.

For more information visit - https://www.greentechfuel.com.au/ or contact Steve Wilkinson by telephone on +61 (0) 481 055 383.or by email on steve@greentechfuel.com.au