INEOS (London) announced that its Forties Pipeline System (Ineos FPS) will deploy innovative Artificial Intelligence (AI)-driven optimization technology at its Kinneil Terminal in Grangemouth that will deliver further carbon emissions reductions from its operations.
The decision follows the announcement of INEOS’ commitment to reduce greenhouse gas emissions from its operations in Grangemouth by more than 60% by 2030 as it targets Net Zero by 2045. As part of its road map, the business is already making significant investments in emissions reduction projects at Grangemouth and deploying AI technology at Kinneil is another tool that will enable it to achieve the next phase of the transition to Net Zero.
Working with data analytics experts, OPEX Group, INEOS FPS will deploy the firm’s emissions.AI software, which optimizes complex industrial facilities to deliver lower carbon emissions. A real benefit emissions.AI will bring to our systems is the way the tool calculates lowest achievable emissions; learning from the information received from hundreds of data points across our processes and always looking for what can be done better. We believe that once the new software is fully integrated there is the potential to identify up to a 10% reduction in existing emissions – with further opportunities thereafter.
Opex Group’s emissions.AI software is leading edge technology. It will continuously monitor energy use across the Kinneil Terminal to pinpoint opportunities to minimize fuel and power consumption and further optimize plant operations. As well as having access to real time emissions data in greater detail the software will allow INEOS FPS’ operational teams to know when and where to optimize processes and plant for lower emissions.