THE FUNCTIONALITIES
j4energy’s functionalities overview
ENERGY STRATEGY
CONTEXT
- Uncertainty in security of supply
- Uncertainty of fuel prices and demand
- Technological evolutions
- Decarbonization targets
- Complexity deriving from the interactions among all factors
CHALLENGES
- Lack of a structured and coherent method for strategic planning
- Complexity, difficulty, and waste of time for analysis and planning
- Lack of a clear and comprehensive vision of the options available to define the energy strategy
RISKS
- Wrong decisions
- Negative impacts due to lack of uncertainty evaluation
- Wrong investments
- Business interruption in case of impossibility of “self-production”
J4ENERGY SOLUTIONS
- AI and optimization platform for decision-making
- Robust mathematical formulation for uncertainty management
- Integrated technology library constantly up to-date
- Technology sizing
- Technical feasibility
- Immediate activation of technology suppliers and lenders
TACTICAL UPDATES
CONTEXT
- Changes in the perimeter of the energy system (e.g. new plants, decommissioning, additional equipment, etc.)
- Evolution of uncertainty and data update
- Change of strategic and tactical corporate objectives
CHALLENGES
- Ensure a quick annual update of the plans
- Considerable effort to keep a track of all the evolutions of the various factors
- Lack of a clear vision of the levers and control factors to be governed and modified
RISKS
- Deviation of performance compared to expectations and budget
- Failure to update or sub-optimal decisions
- Lack of guidance and control of the outcomes of strategies
- Failure to achieve strategic objectives
J4ENERGY SOLUTIONS
- Platform capable of quickly adapting to evolving scenarios
- Ease of understanding and control of all decision-making levers
- Possibility to intervene on technologies, demand, prices, etc.
OPERATIONAL EXECUTION PLANS
CONTEXT
- Short-term savings targets
- Uncertainty in operational decisions of the following day/week
- Sudden changes of factors
CHALLENGES
- Identifying the best scheduling and mix of technologies to operate
- Understanding how to modify the demand (e.g. shift rescheduling) to obtain the greatest benefits and guarantee margins
- How to immediately reduce the costs of production plants
RISKS
- Loss of opportunity in the short term
- Adoption of “overkill” solutions and the impossibility of using them
- Loss of competitiveness
J4ENERGY SOLUTIONS
- Definition of operational plans for the day/week ahead
- Simulations for “demand-shifting” or “demand-shaving”
- Simulations of the operational steer and management of the available systems/technologies (also from a DER perspective)
- Evalutation of tariff structures within the optimization
SUPPLY CHAIN SUSTAINABILITY
CONTEXT
- Increasing interest in the sustainability aspects of commercial transactions
- Need of considering the emissions embedded within the purchased products and services
- Necessity of management and organization of information and documentation
CHALLENGES
- Need of a solid method for evaluating and surveying the sustainability aspects of own supply chain
- Involve clients and suppliers in their sustainability and decarbonization strategies
- Obtain an impact even on Scope 2 and 3 of your carbon footprint
- Consider the “efficiency” aspects of the process in the context of emission reduction options
RISKS
- Limit the emission reduction to Scope 1 and part of Scope 2
- Non-compliance with the requests of clients and other stakeholders regarding their own sustainability targets
- Inability to correctly manage and update the large amount of information necessary to maintain sustainability standards
J4ENERGY SOLUTIONS
- Accounting of components, products, and services for “Embedded carbon”
- Automated system for calculating KPIs
- Integrated library of LCA indicators (i.e. in case of unavailability of site-specific data)
- Accounting, monitoring, and an automatic reminder to suppliers/stakeholders of all information and KPIs necessary for monitoring sustainability