io is fully committed in supporting our clients on their journey to net zero for existing assets and new developments across multiple sectors.
Emissions management is the first step in understanding a companies or a facility’s emissions to commence the planning to reduce emissions and towards net zero for many entities understanding that companies are at varying points in their journey. It is different from regulatory and statutory reporting although the two may result in the same values of greenhouse gases (GHG).
scope 1 & 2 emissions
The initial stage in emissions management is to understand the sources and causes of the emissions across Scopes 1, 2, and 3. io’s tools can analyse and estimate Scope 1 & 2 emissions on an hourly basis so that we can not only understand the quantity and intensity of the emissions but their continuous or intermittent nature. Further analysis also determines how equipment is being operated both from the sources of emissions (e.g. gas turbines and boilers) and the large energy consumers (e.g. compressors and pumps). These insights allow io to examine the optionality to reduce emissions across the:
Near-term - options largely focus on operational changes to remove root causes of incidents (e.g. intermittent flaring) and other solutions (from digital to chemicals) that can be implemented within a few months to improve operational efficiency and reduce emissions.
Mid-term - options would include minor modifications such as compressor re-wheeling, equipment upgrades or installation of small packages/units, which can be performed within 24 months by an OEM, Service Provider or a Modifications and Maintenance Contractor.
Long-term - options will be projects in themselves which require major investment such as electrification, carbon capture (use) and storage and conversion to hydrogen or other fuels.
Through techno-economic analysis io evaluates the options to create feasible pathways, set targets and develop roadmaps to manage and abate emissions to reach net zero taking into account the different regulatory regimes and government commitments. Many emission abatement solutions can be easily implemented and are economically viable.
Fugitive emissions, whilst not a major contributor to overall GHG, are a major source of methane releases and thus methane intensity. Methane has a far greater global warming potential over 20 years than 100 years so reducing methane releases is important in reducing the effects of climate change. io advise on leak detection and repair (LDAR) plans, procedures and technologies as well as the requirements for OGMP2.0 and responsibly sourced gas (RSG).
scope 3 emissions
Scope 3 emissions can be an organisations largest source of emissions and are separated into 15 categories in the Greenhouse Gas Protocol.io assists companies in estimating their scope 3 emissions and in the means to reduce them. The measures required to reduce the Scope 3 emission intensity can be substantial and can greatly depend on the whole value chain thus a more strategic framing and alignment may be needed for abatement. With this in mind the abatement solutions for Scope 3 may range from technical to commercial and strategic.