Panama Canal CO2 Model Completed
Houston Texas, August 26, 2011 – Panama Canal goes Greener thanks to E-ndeavor Program Management, Inc. a Houston-based firm and their successful completion of the Panama Canal CO2 Model.
Upon the heels of a successful completion of the Panama Canal Competitive Route Choice Analysis Model (PCRCAM - a competitive pricing analysis software model) the expert team led by E-ndeavor Program Management Inc. completed this “Greener-Route” analysis tool on-time and on-budget to the delight of the Marketing Department and the Board of Directors of the ACP
E-ndeavor Program Management, Inc. led the formation of this consortium and acted in the role of program, project and communications manager for the project. Novix, a leader in financial, strategic operations and risk modeling partner was responsible for the model development. TEC Inc. provided the environmental consulting to establish the formulas used in the model. Drewry Shipping Consultant, Inc. provided U.S. intermodal and maritime transportation expertise and Data for the project.
With the completion of this model, the Panama Canal Authority now has the ability to calculate CO2 emissions per route and per cargo ton, TEU or Car Equivalent unit for each route and further defined by factors such as engine, speed, percent loaded, fuel and transport type.
Since this model calculates emissions for route that may use multiple transportation modes it depends on times and distances from the identified sources to destinations using precise data about the modes of transportation and the terminals where the cargo transitions from one mode to another. The transport from inland source to a marine terminal or marine terminal to destination could include any combination of truck and/or rail transport requiring consideration of equipment type, size and type of fuel used in Ports, terminals, Emission Control Areas (ECA’s) and for overland and waterbound inland route segments.
This web-based GUI and shared workspace solution facilitates collaboration between C-level decision makers and the internal and external risk and business analysts and allows the Model to be integrated to the PCRCAM Model released in October 2010. This created a very powerful tool that allows the Autoridad del Canal de Panama to analyze the impact of CO2 emissions on transportation routes.
Luis Crespo, Executive of E-ndeavor Program Management states, “This complete picture of the CO2 emissions of each route empowers the ACP and its customers to create a greener environment for everyone”.
For additional information on this type of solution or how E-ndeavor Program Management Inc. can assist your business in competing for commercial contracts in the Americas please contact us