2024 MIT Sustainability Conference: Startup Exchange Lightning Talks - Sesame Sustainability

EMRE GENCER: Thank you for the invitation. So we are a truly MIT spinoff. So I have been at MIT Energy Initiative for the past eight years, and this is where I actually started as a research project. And my co-founders are also MIT graduates, and we are also down the street. So we are very close, very part of the ecosystem. So as I mentioned, so this is an industrial decarbonization platform, software platform, and we are very excited to be here with you.

So let's start about what's the problem. So project planning, whether it's new asset deployment or change of assets, technology, so on and so forth, is a hard topic. It takes time. You need different groups of people. You need stakeholders, make scenario analysis, so on and so forth.

And when this is in the context of decarbonization, it is harder. And why? Because of uncertainty. We have new technologies. So the previous five talks presented new technologies-- so which one to believe, which one to use in your processes, so on and so forth. And you really need to do a lot of analysis to really reflect on the benefits and disadvantages of each one of these in your assets to be able to make informed and better decisions.

And this is basically where Sesame plays a huge role. So we created a software platform where you can really streamline assessing different technology options, supply chain options for your decarbonization journey, including renewable integration, use of different technologies, so on and so forth.

How do we do it? So we created a platform that brings together all your decarbonization-related modeling needs into one single platform. And at the core of this we have first-principle models. So we modeled many different processes, many different technology options using physics-based models.

And then on top of that, we layered life cycle assessment and cost analysis so that you can calculate scope 1, 2, 3 emissions for all these configurations, as well as the cost per dollars per produced product. We also layered optimization. So you can optimize and simulate all these pathways. And then for the US context, we also have policy layers. So you can see the benefit of getting 45V other tax credits, so on and so forth using the platform.

How do you do that? So there are mainly two different kinds of analysis you can perform. One is more like big-picture comparison. And in this big-picture comparison, there are three main steps. One is configure. So by using our modular way, it is-- I call it almost like SimCity for industrial decarbonization. You can build your pathway using our user interface. And then you can fully customize all of these.

And then the second and more important piece is, of course, analysis. And in the analysis we have three kind of main analysis. One is emissions life cycle assessment, scope 1, 2, 3 emissions, levelized cost of the product, and full cash flow analysis. We also provide with the sensitivity analysis on the key parameters that you can see the uncertainty limits. And third is comparing these options with other scenarios or other technology options. So this is mostly based on cost of avoided carbon in the context of decarbonization, but comparison can be on any other topic as well.

The second piece of analysis we perform is detailed analysis. And in this case, basically, this is especially in the context of renewable integration. We have global coverage at zip code level weather data. And you can pick any location in the world, and you can optimize your renewable project, green hydrogen project, so on and so forth on the basis of cost.

And also during the break, please stop by. I will show you. We can really do that. And so in this will get the configuration, sizing of equipment, so on and so forth, and also the full cash flow analysis.

So so far, we have been having a lot of good traction from the board to industrial customers as well as the government agencies. So the ask for today is basically if you are an energy company, utility company, a data center operator or company, please stop by so you can definitely join our early adopters program. But also there are opportunities to work with us and make your life easier.

So basically in the final 30 seconds, so if you have a chance today, please stop by. I'm happy to show you the demo of our product on a topic that you are interested in, mostly in the energy space. If not, this is my contact. Please reach out to me, and we can book a time to do a demo, a customized demo with you and your team. And we can take it from there. Thank you very much.

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