By Robbie Riggs, TEADIT
What are Fugitive Emissions?
Fugitive emissions are the unintended and uncontrolled release of gases, often from leaks of industrial equipment such as valves, pumps, and connectors. In petroleum refineries, these emissions can include methane, ethane, propane, and sometimes more harmful substances like benzene. In chemical plants, these emissions can include butadiene, ethylene oxide, ethylene dichloride, and vinyl chloride. While these volatile organic compounds (VOCs) have a short atmospheric lifespan, they tend to have lasting adverse effects on the environment.
These emissions not only pose environmental and health risks but also represent direct operational and financial liabilities for facilities. Left unaddressed, fugitive emissions can undermine regulatory compliance, increase costs, and erode public trust. However, when facilities take proactive steps to control leaks, the benefits extend far beyond environmental protection; they create measurable business value. This is where the true value drivers of emissions reduction come into play.
What are the Value Drivers?
Most Substantial: Reduced leaks lead to reduced pollutants released to the air (VALUE)
Substantial: Reduced leaks lead to more product for sale and revenue
Latent: Reduced leaks lead to lower maintenance, repair, and planning/scheduling costs
The financial and operational advantages of reducing fugitive emissions become even clearer when applied at scale. Beyond lowering operating costs and extending equipment life, the cumulative effect of these improvements can transform the bottom line for entire facilities.
The ‘Take Away’
The implementation of low emission gaskets and valve packing presents a compelling economic advantage for industries seeking to mitigate fugitive emission leaks. Addressing fugitive emissions through the Total Cost of Ownership (TCO) lens, evaluating ‘obvious’ and ‘latent’ costs & benefits, to reduce fugitive emissions underscores the importance of a holistic approach that considers both financial and environmental impacts.
Investing in advanced, low-emission technologies and adhering to best practices for gaskets and valves significantly reduces fugitive emissions, generates a financial return, and positions companies for the future while complying with current regulations.