Energy Efficiency Improvement
The energy sector represents 66.5% of total Greenhouse Gas (GHG) emissions, 6.4% of GHG are produced by Oil and Gas extraction, refining & processing activities and 4.1% by chemicals and petrochemicals1.
The Kyoto Protocol, adopted on 11 December 1997 and entered into force on 16 February 2005, has been ratified by 187 countries as of July 20092 in order to address Climate Change. The major feature of the Kyoto Protocol is that it sets binding targets for 37 industrialized countries and the European community (Annex I parties) for reducing greenhouse gas (GHG) emissions by 5.2% of their 1990 levels over the five-year period 2008-2012.
To meet future energy challenges and comply with the GHG emission limitations, refineries will need to implement a combination of new technologies, energy efficiency improvements and projects such as CDM (Clean Development Mechanism) or JI (Joint Implementation).
Axens provides a comprehensive Energy Efficiency Improvement offer to achieve GHG emission and production cost reductions. Axens’ approach is tailored to each customer and can consist of:
- On-site data collection and technical staff interviews.
- Identification and technical study of those projects with the potential to reduce energy consumption.
- Compliance of energy saving projects to CDM criteria.
- Economic study of the selected projects.
1: Source: Herzog Timothy. World Greenhouse Gas Emissions in 2005. WRI Working Paper. World Resources Institute. Available online at http://www.wri.org/publication/navigating-the-numbers.
2: Source: UNFCCC (United Nations Framework Convention on Climate Change) website http://unfccc.int (data as of 16 July 2009)