Summary:
Bengaluru, Karnataka, India – Business Wire India • Independent report highlights 10 actions to help industrial users improve their energy efficiency, and reduce emissions right now • Improving energy efficiency will reduce energy bills and emissions substantially in the short- to mid-term, without compromising productivity • Industry is the world’s largest consumer of electricity, natural gas and coal, and accounts for 42 percent of electricity demand With businesses around the world facing unprecedented pressure from the cost of energy and the urgency of climate change, a new report from the Energy Efficiency Movement shows that improving industrial energy efficiency is the fastest and most effective way for a business to cut energy costs and greenhouse gas emissions.
The Energy Efficiency Movement is a global forum of around 200 organizations sharing ideas, best practices and commitments to create a more energy-efficient world.
Published today, the “Industrial energy efficiency playbook” includes 10 actions that a business can take to improve its energy efficiency, reduce energy costs and lower emissions right now.
It focuses on mature, widely available technology solutions that will deliver rapid results and ROI and are capable of being deployed at scale.
10 key energy efficiency actions for industrial leaders Action #1: audit operations for energy efficiency Action #2: right-size industrial assets and processes Action #3: bring connectivity to physical assets Action #4: install high-efficiency motors Action #5: use variable speed drives Action #6: electrify industrial fleets Action #7: use efficient, well-maintained heat exchangers Action #8: switch gas boilers to heat pumps Action #9: deploy smart building management systems Action #10: move data to the cloud “Energy efficiency is a key driving force in India’s journey to carbon neutrality.
While energy consumption continues to increase with economic growth, Indian industries have realized the need to adapt more sustainable cost-effective options for a greener future.
As an example, in 10 years ABB’s installed base of motors and drives saved nearly 12 terra-watt hours of electricity, equivalent to 1% of India’s annual energy consumption.
This 10-point action plan is a blue-print for Indian industries to embark on their energy efficiency journey and walk along the sustainable growth path towards a brighter future,” said Sanjeev Sharma, Country Head and Managing Director, ABB India.
In India, JW Marriott Pune cut down on energy losses by 35 per cent using ABB’s HVAC cooling tower drives solution.