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If a company wants to reduce its energy costs, its primary focus should be on reducing energy consumption. However, in many cases, companies can also realize significant savings by optimizing 1. Their energy consumption profile and 2. Their energy contract and purchasing strategy. Among other things, this paper will discuss various ways of adjusting consumption supported by practical examples.
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Thinking strategically about industrial energy efficiency
In a recent survey by the Energy Efficiency Financial Institutions Group ( EEFIG ) of the members of its working group on industry, one respondent said that, more relevant than access to funding is…
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The multiple benefits approach of energy audits – new report and tool
Companies, especially SMEs tend to disregard the implementation of energy efficiency measures because they cannot discern the direct business benefit they will gain from them. A report presents the…
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Open now: The Energy Efficiency Barometer of Industry - a tool to enhance industrial energy productivity
Open NOW, till the 30th of September The majority of industrial companies who recently participated in the Barometer, are already pursuing a systematic approach to increase energy efficiency.…
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Powering Efficiency: Revolutionising Compressed Air Systems for a Sustainable Future
In the quest for sustainable industrial practices, compressed air systems (CAS) have emerged as a prime target for energy efficiency improvements. These systems, vital to many manufacturing processes,…
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Turkey: Industrial energy efficiency strategy
Turkey is creating the foundation for an effective industrial energy efficiency strategy Energy efficiency is a stated priority for both its energy and climate change policies in Turkey. Being a…
Read Full articleEnergy Management System in steel industry
SIJ Metal Ravne is one of the biggest steel companies in Europe. The company decided to run an energy management project with the following purposes: 1- Monitor and analyze real-time energy consumption, 2- Define and analyze key energy efficiency indicators, 3- Implement an energy management system, 4- Develop benchmarking and methodology for savings calculations (IJS), 5- Introduce an energy…
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When Are Energy Audits a Waste of Money?
“Nothing is less productive than to make more efficient what should not be done at all.” Peter Drucker Curt Monhart was sitting across the desk from an organization’s facility manager discussing a…
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Trends in stationary battery storage
Five young companies - all from the stationary battery storage sector - have received financial support for their further growth in the last 12 months. This proves that this market continues to grow…
Read Full articleCase Study of Imam Khomeini Oil Refining Company
Imam Khomeini Oil Refining Company (IKORC) has joined hands with United Nations Industrial Development Organization (UNIDO) and Iranian Fuel Conservation Company (IFCO) to implement a structured approach to energy management in their CDU/VDU operations, under the Global Environment Facility (GEF) funded project, “Industrial Energy Efficiency in Key Sectors”. Through this cooperation, IKORC has…
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