“THE GREENEST THING YOU CAN DO IS KEEP YOUR EXISITING MACHINE ASSET AND RUN IT ON LOW CARBON FUEL”
REPOWER
Repowering or refitting existing plant assets with a methanol powerplant offers several benefits over buying new machinery.
Some key advantages:
-
Saving Global Resources:
New machinery pulls a very heavy carbon footprint on fabrication, materials and transport. Also reduces the need for disposing of older machinery.
-
Lower Investment:
Refitting existing assets usually requires a smaller capital expenditure compared to purchasing brand-new machinery. Typically 40%
-
Shorter Lead Time
- Faster Implementation: Refitting can often be completed more quickly than waiting for new equipment to be manufactured, shipped, and installed, allowing businesses to get back up and running faster.
-
Minimised Downtime
- Reduced Operational Disruption: Since the foundation and some parts of the plant are already in place, refitting often causes less disruption to ongoing operations compared to completely replacing machinery.
-
Environmental Benefits
- Sustainability: Repowering can be a more sustainable choice, as it extends the life of existing assets
-
Maximised Existing Asset Value
- Leveraging Existing Infrastructure: The infrastructure around the plant may already be optimised for the current machinery. Repowering allows businesses to take advantage of this existing setup rather than making significant changes to accommodate new equipment.
-
Customisation and Adaptation
- Tailored Upgrades: Refitting allows for targeted improvements that specifically address the plant’s needs, offering better flexibility compared to buying standardized new machinery that may not be optimised for specific requirements.
-
Improved Efficiency
- Performance Improvements: Repowering can enhance the efficiency, reliability, and performance of existing equipment by integrating modern technology and systems without completely replacing the machinery.
-
Regulatory Compliance and Safety
- Meeting New Standards: Refitting can bring older equipment up to current environmental or safety standards, potentially avoiding the need for completely new equipment to meet these regulatory demands.
-
Capital Preservation
- Maintaining Financial Flexibility: Repowering can help preserve cash flow and maintain financial flexibility, especially if a business has limited capital to invest in entirely new machinery.
