Business Practices

Industrial energy efficiency opportunities through advanced digital technologies

14 July 2022 by Brent Lee
Industrial energy efficiency opportunities through advanced digital technologies

Summary

Nearly 63% of lost energy created for electricity, transportation, industrial, commercial and residential markets. Industrial companies can reduce site energy usage 5% to 15% by using energy management technologies. Smart sensors provide real-time visibility into energy performance so operators can take corrective action. The biggest advancement in recent years is what we refer to as the fitness tracker for industrial energy—an energy management information system (EMIS)

The meters help detect leaks or unusual changes in energy usage, balance the flow of energy to use points and prioritize energy-saving actions. One refinery customer saw energy savings of more than $20 million in energy costs. A power generation plant can be acoustically monitored with smart monitors paid for themselves in less than three months.

Read original article Reuters / Emerson


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