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Industrial Decarbonisation Modelling Software Project at IIT Madras

Industrial Decarbonisation Modelling Software

Industrial Decarbonisation Modelling Software

Principal Investigator

Prof. Satyanarayana Seshadri

Objective

  • To develop methodology and process for extending energy audit and assessment to CO2 footprint estimation, Enhance tool capability to add tokenisation, Enhance tool capability to perform baselining of process, Develop analytics modules to rank projects/opportunities based on mitigation potential ? Levelized Cost of Carbon Abatement.

Description

  • Industrial Decarbonisation Modelling involves: Assess: ?Evaluation of energy consumption and baselining, ?Audit process and utilities (Energy Audit and CO2 emission baseline), Estimate: ?CO2 emission and mitigation potential, ?Evaluation of Carbon credit opportunities, Implement: ?Implementation of projects, ?Measurement, verification and validation of emission reduction and credit generation

Impact

  • Vision, Opportunity estimation, Fungible Carbon Coin, Tokenisation, Measurement, verification, and validation.
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