What if was possible to reduce a plant’s emission, decrease the quantity of fossil fuels utilized and increase the efficiency of an industrial process, all at the same time?
Emission reduction and energy need.
The climate around the use of renewable resources is getting hot. Last December in Paris, the COP21, the most important event on climate change happened in 2015, left the world with a heavy loud task: reducing emissions in order to limit global warming to well below 2°C.
Simultaneously, the need for electric power is exponentially increasing. A 2013 EIA report projects world energy consumption will increase 56% by 2040, moving from 524 quadrillion Btu (British thermal units) to 820 quadrillion Btu. “Renewable energy and nuclear power are the world’s fastest-growing energy sources, each increasing 2.5% per year” states EIA. “However, fossil fuels continue to supply nearly 80% of world energy use through 2040. Natural gas is the fastest-growing fossil fuel, as global supplies of tight gas, shale gas, and coalbed methane increase.”
So the situation is this: despite the world’s will for change is strong, we are far from the use of solely renewable resources. In the process of moving from traditional sources of power to only clean and renewable, we run into an energy gap that we want to cover with a more efficient and flexible power system.
Fulfilling the gap
According to the 2013 EIA report, the industrial sector is the one that – most of any other – influences the global need for power. Indeed, production facilities are responsible for half of the world energy consumption; moreover, out of 200 quadrillion BTU used, 66 quadrillion were lost in the production process. Increasing efficiency has become one of the hot topic discussed across industries and governments. How could we limit this loss that turns into an environmental damage and increased costs for the industries?
What if we could capture this wasted energy and reuse it – even partially – and help the transition toward the deployment of renewable energy sources?
To address this enormous opportunity, S2nrg has developed the Integrated Hybrid Energy™ (“IHE”) technology platform, to liberate the stranded energy from energy-intensive industrial processes. IHE combines the energy contained in industrial waste streams with traditional renewable energy sources (solar, wind, bio) derived from other underutilized assets (land, rooftops, etc.) from the “hot” industries such as steel, aluminum, glass, and cement to produce clean, renewable and reliable sources of energy. S2nrg refers to this as Industrial Renewable Energy.
The Integrated Hybrid Energy (IHE™) platform incorporates an integrated systems approach to a proprietary, real-time, agent-based platform to optimize the energy produced from these sources in order to develop highly competitive, renewable distributed energy assets to address the needs of the local energy markets.
S2nrg offers IHE solutions on an international basis through close partnerships between energy-focused project investors, industrial hosts, and S2nrg. The S2nrg model provides significant new sources of economics for our industrial hosts from their underutilized assets without the need for them to utilize their own capital and allows unique access to attractive energy investments not otherwise readily available to the energy-focused project investors.
It is not the first time that different technologies have been integrated in order to increase the efficiency of a process. Examples of integration are CHP (Combined Heat and Power) and CCHP (Combined Cooling Heat and Power); however, what is different in S2NRG is its ability to adapt and find the best solution for a specific industrial plant.