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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

Project manager at MDU

No partial template found

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:

  1. 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.
  2. Live monitoring of carbon foot-print emission of production machineries to assess sustainability KPIs and fulfilling regulatory requirements.
  3. 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.