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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Empire C&E examined the transport sector and mining industries. The tables that follow illustrate the financial returns from using EPC+ in the mining and transport sectors, based on diesel consumption of 40 million litres.
TRANSPORT SECTOR
MINING SECTOR​
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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 study 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 meet the 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.
HVO100 reduces reportable scope one and scope three emissions:
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​Delivering at least a 95% reduction in NGERs measured CO2 emissions.
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Replacing standard diesel fuel with no changes to the vehicle.
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Replacing standard diesel fuel with no changes to maintenance requirements.
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Delivering superior cold start operability and storage stability.
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Reducing local pollution emissions, including diesel particulates like NOx.
Most importantly, HVO100 is 95% carbon-neutral, contributing to significant reductions in reportable scope one and scope three emissions.
​Premium HVO100
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Premium HVO100 is a premium diesel that combines the benefits of HVO100 and EPC+, including a 3% to 5% reduction in fuel consumption and, therefore, costs.
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.
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A pathway to reducing costs and emissions.​
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
To talk with Steve Wilkinson, Managing Director of GreenTECH Fuel: