Project description
Innovative platform for industrial equipment recycling
The recycling of industrial equipment could reduce greenhouse gas emissions. The EU-funded ZWEM project proposes an innovative electronic platform, the Zero Waste Electronic Marketplace, which exploits the potential for greenhouse gas reductions with the identification, resale and reuse of industrial equipment. The fundamental innovations introduced by the project are the Asset Platform and the Asset Marketplace and how one feeds into the other. The project will initially focus on the oil and gas industry, advancing the identification, specification, reclamation, reconditioning, and delivery of industrial equipment used on North Sea Oil Rigs. ZWEM will perform a calculation of emission reductions achieved through the process.
Objective
Carbon 350 Ltd and its forthcoming Electronic Platform: The Zero Waste Electronic Marketplace (ZWEM) is being developed to exploit the potential for greenhouse gas reductions available from the identification, resale and reuse of industrial equipment.
The key innovations with ZWEM are the Asset Platform (AP) and the Asset Marketplace (AM) and how one feeds into the other. The Zero Waste electronic Marketplace (ZWEM) will initially focus on the Oil and Gas
Industry, promoting the identification, specification, reclamation, econditioning and delivery of industrial equipment previously used on North Sea Oil Rigs, along with a calculation of emission reductions achieved through the process.
It is envisaged that the ZWEM will scale its operations across multiple industry sectors worldwide in due
course.
Fields of science
- social sciencespolitical sciencespublic administrationbureaucracy
- social scienceslawhuman rightshuman rights lawnational state of emergency
- social scienceseconomics and businessbusiness and managementemployment
- natural sciencesearth and related environmental sciencesatmospheric sciencesclimatologyclimatic changes
- social scienceseconomics and businesseconomicssustainable economy
Programme(s)
Funding Scheme
SME-1 - SME instrument phase 1Coordinator
TW17 8AS SHEPPERTON
United Kingdom
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.