April 16, 2024
PRESS RELEASES

Energy efficiency technology can help refineries abate up to 400 million tonnes of CO2 per year

Ahead of key environmental discussions at COP28, DecarbonX, an Angara initiative driving decarbonisation solutions for petroleum infrastructure, calls for urgent action from the petroleum industry to tackle the issue of fouling, by adopting technology that can significantly reduce refinery emissions with almost immediate effect. Fouling at refineries, where the build-up of deposits impacts heat exchangers efficiency, is a global issue that leads to increased energy consumption and CO2 emissions.

The fouling removal methodology developed by DecarbonX maintains the efficiency of heat exchanger equipment in refineries – a pioneering solution with the potential to reduce up to 15% of refinery emissions in a matter of months, targeting 40% savings over 2-3 years. The tailored approach is underpinned by technology independently validated by engineering consultancy firm DNV, awarded one of the highest technology readiness levels of 8+. DNV verified that DecarbonX technologies could abate up to 400 million tonnes of CO2 emissions per year. 

The approach utilises chemical, petrophysical, digital AI technologies to improve heat exchanger efficiencies, and monitor long term performance. Retrofitting existing infrastructure enables DecarbonX to maximise emissions reductions whilst improving energy efficiency, without impacting operations.

The need to find tangible decarbonisation solutions is all the more urgent given the UN’s recent emissions gap report. The UN estimates enormous cuts to greenhouse gas emissions are needed to reduce global warming, with a 30% reduction required to limit the global temperature rise to 2C above pre-industrial levels. The UN warns currently, they are projected to fall just 2% by 2030, comparable to 2019 levels. This increases the impetuses to find solutions that limit emissions and can be implemented quickly, whilst longer-term technologies, such as carbon capture and low-carbon fuels, can be significantly scaled.

Alex de Valukhoff, Chief Executive Officer at Angara, said: “Every second that’s wasted adds more avoidable CO2 into the atmosphere, and moves the world further from UN targets. We’re advocating a decarbonisation programme for the petroleum industry, that based on independently verified data, and if embraced globally, could reduce CO2 emissions by up to 400 million tonnes per year. Removing fouling continually to keep heat exchangers always clean is the neglected fix in the decarbonisation debate, and we urge those in the industry to embrace innovation to tackle this avoidable problem.”

    Middle East News 247

    Middle East News 247

    Middle East News 247 delivers the latest business and lifestyle news and essential infotainment for, and from the Middle East region, with key focus on the GCC nations: United Arab Emirates (UAE), Saudi Arabia, Qatar, Bahrain, Kuwait, and Oman.
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