ENVIRONMENT

BUSINESS: 327 PRACTICES


TOPIC:

Initiative

Advanced Energy optimization solutions through integrated solutions of Viridis Energy Suite for Elval plant and Trustworthy AIoT Infrastructures for Energy Consumption Prediction in Halcor's Extrusion Press.

Advanced Energy optimization solutions through integrated solutions of Viridis Energy Suite for Elval plant and Trustworthy AIoT Infrastructures for Energy Consumption Prediction in Halcors Extrusion Press.
SUBMITTED FROM:

ELVALHALCOR

ElvalHalcor is a leading global manufacturer of aluminium and copper products. Today ElvalHalcor has a leading position in Europe in copper pipe production, and has established its presence in the aluminium rolling industry. The Company has over 80 years of experience and expertise, a powerfull production base with 15 factory units, and a commercial presence in over 100 countries, offering sustainability solutions and products in dynamically emerging markets such as packaging, transfers, construction and building, heating, cooling, air conditioning and renewable energy sources. ElvalHalcor is following a development, creating value for its stakeholders.  


www.elvalhalcor.com


Contact

Objective Action

Develop an integrated solution for real time monitoring and optimization of Elval production process and a trustworthy AIoT system that predicts the energy consumption of the extrusion press. Overall target is to achieve specific climate and environmental targets, saving resources and energy consumption. 

 

Target Audience

Industry & industry workers, energy sector, AI and optimization sectors.

 

Duration

2023 - 2027


Description

The company is committed to continuously improving its overall energy footprint and reducing energy consumption. The energy transition is a pillar of ElvalHalcor's strategy.

Viridis Energy & Sustainability Suite is an integrated solution for energy, resources, and sustainability management, which effectively enhances the operational efficiency of an aluminium plant. Similarly, this will benefit Elval, optimising the plant’s overall production process while reducing carbon emissions.

Elval and SMS share a common vision of sustainable and responsible industrial practices that bring them together. With the installation of two modules of Viridis Energy & Sustainability Suite – Virdis Performance and Virdis Grids, Elval will be able to practice energy-efficient production in the aluminium industry.

Virdis Performance software tool will enable Elval to precisely understand the impact of different production routes, real-time monitoring of consumption deviations, automatic event generation, and online journal for data logging. All this will help Elval take swift corrective actions when needed for performance improvement.

Read more:

Within the context of the PANDORA project, Halcor aims to implement a trustworthy AIoT system that predicts the energy consumption of the extrusion press under different time scales, including hourly, daily, monthly, and yearly scenarios.

The concept of "trustworthy AI" is critical because it ensures that AI systems are transparent, secure, and ethical. Unlike simple AI, trustworthy AI focuses on developing algorithms and models that are reliable and responsible, taking into account their impacts on society and the environment. This is particularly important for the company as optimizing energy consumption must be done in a way that protects the interests of all stakeholders and ensures the integrity of data and results.


more...

Impact on Society

Upon the project's completion in 3 years, the following results are expected:

- Accuracy of Predictions: Improved accuracy of energy consumption predictions by approximately 10%.
- Improved Accuracy: Increase prediction accuracy by up to 7% on average for trustworthy execution of real-world scenarios.
- Data Interpretability: Enhance data interpretability through summarization and dimensionality reduction, making the dataset meaningful and understandable for end users to make informed decisions.

 

On the other hand, the installation of Viridis in Elval is expected to yield significant improvements in energy performance indicators.



Initiative Location

ElvalHalcor's production plants:

  • Aluminium Rolling Division – Elval, 61st km Athens- Lamia National Road, GR 32011, Oinofyta, Viotia, Greece
  • Copper and Alloys Extrusion Division – Halcor, 62nd km Athens - Lamia National Road, GR 32011, Oinofyta, Viotia, Greece 

More...…

Working with Organization

Collaboration with SMS Group, a leading provider of future-oriented technology and outstanding service in plant construction and mechanical engineering for the metals industry

Collaboration with the PANDORA project consortium, which includes research centers, universities, and industrial partners.


More...…

Workers Participation

  • ElvalHalcor employees actively participate in data collection and analysis, monitoring and evaluating the results.

Benefits for Οrganization

The solution of an integrated management system like Viridis is a vital step for process optimization and energy efficiency, with significant benefits in environmental performance and energy related GHG reductions, as well as cost and competitiveness of products. Viridis is a cutting edge solution for the industry as a whole.

Developing an energy consumption prediction tool with trustworthy AI delivers more accurate forecasts, energy savings, enhances corporate image, and ensures regulatory compliance. Simultaneously, it ensures data security and transparency. Lastly, it promotes education and innovation through collaborations with research centers and universities.




Connection with Global Goals







More Initiatives from Organization



Send us your feedback Print
The Sustainable Greece Ιnitiative launched by QualityNet Foundation