priorities Capex Barriers37 Opportunity Action required to realise opportunity Alignment with strategic Assumptions Assume lifespan of 25 years Victorian solar resource of 1375 kWh per kW per annum Operating costs of $8.6/MWh Assume no RECs are earned in 2020 Chemicals Improve chemical techniques such as process intensification, Capital constraints processes continuous processes, improved process control, preventative Process improvements do maintenance, increased burner and heater efficiency, logistical not achieve financial improvements. Catalyst optimisation (process and direct energy payback with current $1,325/ emissions decrease) such as improved chemical structure of catalysts, electricity price forecasts. 2,907 379 $77 MWh saved manufacturers design to lower reaction temperatures, and chain reaction p.a. improvements. Assumptions Chemicals Assumes lifespan of process improvements is ~20 years 77
Opportunity Action required to realise opportunity Capex Barriers37 Alignment with strategic priorities Assumptions Assume lifespan of 25 years Victorian solar resource of 1375 kWh per kW per annum Operating costs of $8.6/MWh Assume no RECs are earned in 2020 Chemicals processes Improve chemical techniques such as process intensification, continuous processes, improved process control, preventative maintenance, increased burner and heater efficiency, logistical improvements. Catalyst optimisation (process and direct energy emissions decrease) such as improved chemical structure of catalysts, design to lower reaction temperatures, and chain reaction improvements. Assumptions Assumes lifespan of process improvements is ~20 years Chemicals manufacturers 2,907 379 $77 $1,325/ MWh saved p.a. Capital constraints Process improvements do not achieve financial payback with current electricity price forecasts. 77
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