Epsilon energy
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About the solution: Epsilon energy
This project developed an automated production scheduling engine based on a metaheuristic algorithm that increases machine utilisation and reduces energy consumption per part, resulting in a 6.4% reduction in lead time and annual cost savings.
The project also implemented an energy optimisation engine based on mixed integer programming for peak shaving and energy cost optimisation, leveraging solar energy and storage systems to achieve a 15%-17% cost reduction on an annual basis.
The solution includes monitoring dashboards for production scheduling and energy orchestration scenarios allowing users to derive insights into optimal operational patterns and steer decision making.
Target market
The solution is ideally suited for manufacturers in energy-intensive sectors such as chemical, food and beverages, basic metals, building materials, and pulp and paper.
A key application in the metals sector is the high-temperature heat treatment of large metal parts to increase durability and material strength. This process is typically conducted in electric furnaces that require vast amounts of electricity to reach high temperatures.
Another key application in the food and beverages sector is spray drying (e.g. production of milk powder).
Societal impact
The project demonstrates significant potential for wide-ranging impact across multiple domains.
In the workforce, it enhances operational efficiency and decision-making capabilities, potentially leading to upskilling opportunities as employees engage with advanced energy management technologies.
For end-users in energy-intensive industries, the product offers substantial benefits in terms of cost reduction, improved energy efficiency, and support for sustainability goals.
Environmentally, the project contributes to reduced CO2 emissions by optimising energy use and integrating renewable energy sources more effectively. This aligns with broader societal goals of combating climate change and promoting sustainable industrial practices.
Economically, the product enhances the competitiveness of European manufacturers by reducing energy costs and improving operational efficiency. On a larger scale, the project supports the EU manufacturing sector’s transition towards more sustainable and efficient energy management practices, aligning with the EU’s goals for industrial innovation and environmental sustainability.
