Fuel and emissions managers
Returns
Every GreenTECH Fuel customer seeks to maximise return on investment. Greentech engaged independent consultancy Empire C&E to calculate the return on investment from using EPC+.
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The transport sector and mining industries were examined by Empire C&E. the tables following illustrate to financial returns from using EPC+ in the mining and transport sectors, based on diesel consumption of 40 million Litres.
TRANSPORT SECTOR
MINING SECTOR​
Based on the findings for mid-sized transport and mining companies, these tables demonstrate the potential return on investment using EPC+. The results of the Empire C&E an independent analysis indicate the potential savings and payback time when blending standard diesel and EPC+. The findings of the analysis highlighted even better outcomes in the mining sector.
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​To calculate the return on investment for your business when using EPC+ - CLICK HERE>
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​Facilities under the Safeguard Mechanism must surrender ACCUs to comply with a year-on-year reduction target. Currently, an ACCU costs AU$30-40 per ton of CO2-e emissions avoided. By comparison, the cost of EPC+ is approximately AU$ 0.06 per ton of CO2e emissions avoided.
These graphs highlight the difference—the cost to abate carbon emissions using EPC+ is only AU$0.06 per ton of CO2-e, compared to an average (10-year forecast) carbon price of AU$50 per ton of CO2-e. Without EPC+, the cost of compliance would have been an additional AU$2.1 million. This makes the differential NPV AU$11.9 million, a 13% increase.
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HVO100 contributes to significantly reducing scope 3 emissions, delivering:
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Reduction of up to 90% in well-to-wheel CO2 emissions.
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A 4 - 5% reduction in tailpipe CO2 emissions.
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Local pollution emissions, including particulates like Nox, reductions.
​​When blended with EPC+, a standard diesel can deliver benefits, including a 2% to 5% reduction in diesel consumption and carbon emissions. HVO100 also provides benefits, including a 4% to 5% reduction in tailpipe emissions and a 90% reduction in well-to-wheel emissions.
EPC+ can also be blended with HVO100 to produce an Excellium-grade hydro-treated vegetable oil diesel and deliver additional emissions savings. Blending EPC+ with HVO100 will further reduce tailpipe emissions by 2% to 5%, potentially reducing emissions by 6% to 10%.
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Independent monitoring
GreenTECH Fuel offers customers access to independent monitoring to verify dosing levels, fuel consumption and savings, along with emissions savings.
Independent monitoring ensures customers have the confidence they need to use EPC+ and HVO100 over the long term.
A pathway to reducing costs and emissions.​
More than 95% carbon neutral, HVO100 contributes to significantly reducing scope 1 (and therefore scope 3) emissions, delivering:
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Reduction of up to 90% in well-to-wheel CO2 emissions.
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A 4 - 5% reduction in tailpipe CO2 emissions.
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Local pollution emissions, including particulates like NOx, reductions.
When blended with EPC+, a standard diesel can deliver benefits, including a 2% to 5% reduction in diesel consumption and carbon emissions. HVO100 also provides benefits, including a 4% to 5% reduction in tailpipe emissions and a 90% reduction in well-to-wheel emissions.
EPC+ can also be blended with HVO100 to produce an ‘Excellium-grade’ hydro-treated vegetable oil diesel and deliver additional emissions savings. Blending EPC+ with HVO100 will further reduce tailpipe emissions by 2% to 5%, potentially reducing emissions by 6% to 10%.
Corporate image enhancement
All businesses operate under a social license that is only enhanced by participation in initiatives that reduce carbon and associated emissions. The emissions savings from EPC+, in addition to reducing costs, provide an opportunity to reduce emissions and public ethos savings. With well-to-wheel savings approaching 90% and 4% to 5% tailpipe emissions reduction, HVO100 also provides an excellent sustainability story. Combining the two provides an even better story regarding their sustainability credentials.
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All purchasers of HVO100 and/or EPC+ are entitled to use the GreenTECH 'Fuel Emissions Reduction Accreditation' badge to highlight their commitment to sustainability
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Government support
​Businesses introducing HVO100 into their business may be eligible for government assistance implementing their renewable energy strategy. Federal and state government agencies offer various grants and other support for projects contributing directly to the sustainable reduction of dependency on fossil fuels.
To find out more, visit Business.gov.au
