New Replacement Policy Considering Environment Sustainability
The project aims to develop an ICT-enabled, data-driven, decision-support system that implements a practical economic replacement time model based on high-quality, real cost data and environmental parameters.
Start
2023-10-01
Planned completion
2026-09-30
Main financing
Collaboration partners
Research group
Project manager at MDU
NRPCES will develop an ICT-enabled, data-driven decision-support tool to enable the industry to consider sustainability factors to optimize lifetime of their production machineries. In addition, it aims to develop a real time trend monitoring of carbon footprint of a production plant, considering the whole supply chain and its associated cost-CO2e conversion. This will facilitate the transition from linear to circular economy, and a more effective consumption of the resources, to help SMEs and large enterprises adopting new regulatory requirements to reduce carbon-footprint.
The overall NRPCES project objectives are:
- Development of ICT-enabled, data-driven, decision-support system that implements a practical economic replacement time model based on high-quality, real cost data and environmental parameters.Live monitoring of carbon foot-print emission of production machineries to assess sustainability KPIs and fulfilling regulatory requirements.
- Support the long-term transformation from linear to circular economy and more sustainable use of resources.
Project objective
Development of ICT-enabled, data-driven, decision-support system that implements a practical economic replacement time model based on high-quality, real cost data and environmental parameters.