A new AI-enabled solution aims to reduce 230m tonnes of CO2 from high-emitting industries such as oil refining by 2030.
Dutch-based company Angara has designed and commercialised an innovative decarbonisation solution for energy-intensive process industries to substantially abate emissions and save costs by boosting the efficiency of heat exchanging equipment.
The company’s DecarbonX Program includes a number of patented elements like smart chemical recipes, AI-powered smart schedules and fouling fracturing methodology.
The program aims to deliver a carbon reduction of 230 million tonnes of CO2/year by 2030 in highly-emitting process industries like oil refining. To date, the annualised decarbonisation pipeline targets 229 thousand tonnes of CO2 per year and is growing exponentially.
Angara has been steadily forming partnerships across high-emitting industries and has signed up six strategic partners, with more in the pipeline. So far they include refinery clients, service contractors, chemical blenders, energy consultants, and OEMs active in the heat exchanger and decarbonisation space. In its first year, the company has set up a fully-circular supply chain in Europe and is implementing this footprint in the Middle East too, given the accelerated focus on decarbonisation in that region.
Multi-site refining operators require a comprehensive study to understand the total benefits of applying the Angara technology across their portfolio, with a clear prioritisation pathway using a “follow the money & the carbon” pragmatic approach. If you are planning to sell or buy refinery assets, such a study could also be for you, as Angara’s technology could unlock significant energy and carbon savings worth tens of millions of dollars.
High-emitting industries such as petrochemicals (including integrated refining-petchem complexes) have been requesting a holistic approach to address fouling in their operations. As processes and pieces of equipment are quite diverse, Angara has developed a comprehensive DecarbonX Fouling Monitoring service (which is also applicable to oil refining). For a major petchem client, the solution has delivered an increase of four per cent in yield, among other benefits.
For 2024, a wave of European refinery and petchem turnarounds is planned –and this will be a common industry challenge in terms of resources, timing, and, therefore, safety. Angara has the technology to deliver continuous, optimal heat exchanger performance all the time, outside turnaround windows, which would enable de-stressing and de-risking turnaround activity.
“Angara looks back on a successful year and enjoys a strong project pipeline worth multi-millions of Euros,” said Petra Koselka, Angara CEO.”I would like to thank all our Clients and Partners for their seamless cooperation in accelerating pragmatic decarbonisation and our employees and advisors for all their dedication.”