#3. The 4 reasons energy audit is valuable to your business
In previous post of the "Energy Audit Series" we talked about What makes energy audit free and How is energy inefficiency alike health issues. In this post we will dive a bit deeper into how energy audit creates value to companies. I said it before and will say it again: Energy audit by itself does not reduce energy cost. [...]
#2. How is plant energy efficiency like your health?
When is equipment operation energy efficient? - When equipment is properly designed for the job and properly maintained. This is not unlike a human body, which works just fine when it's used within its abilities and is given necessary nourishment and rest. What does a rational person do when body shows signs of malfunction, aka disease? - Consults a [...]
#1. Energy Audit: why bother?
What is energy audit? Energy audit is a consulting project that finds out how your plant can maintain stable production and quality, while using less utilities - electricity, natural gas and water. An audit worth its fees relies on extensive direct measurements, detailed interviews with production and maintenance managers and comparison of energy consumption levels with other companies (energy [...]
Our Refrigeration Optimization project won Clean50 Top Project Award
GreenQ Partners, an engineering-consulting firm based in Toronto, has been awarded a prestigious Clean50 Top Project award for Industrial Refrigeration Optimization project completed in 2019. Refrigeration plants are typically among the biggest electricity consumers in the food manufacturing process, as they are set up without consideration for minimizing electricity consumption. Through a complex audit, the [...]
Energy management stands behind better stock performance
Companies with strong energy management demonstrate higher performance at the stock market. Do not take my word for it, here is a snapshot of stock performance of a well-known leader in energy management 3M USA (US:MMM, black) compared to Dow Jones US Chemicals Index (XX:DJUSCH, blue) over last 5 years as presented at Market Watch. 3M Canada: energy management and [...]
Is Ontario GA a blessing or a curse?
Should global adjustment (GA) exist or should it not? This is billion-dollar question. Leaving methods of calculation aside, I think GA is the best option Ontario ratepayers can have given our market realities. Here are the conditions that form Ontario electricity market: Demand varies through the day, week and year.Power generation technologies have different fixed, variable and life-cycle costs, as well [...]
To generate or not to generate – a multi-million dollar question
In the view of growing electricity prices and time-sensitive tariffs numerous vendors around offer on-site electricity generation and storage. Should your company do it? Are you in business of electricity generation? Prior to going into technical and financial details of different power generation solutions, I suggest you ask yourself a strategic question: Are you in business of generating electricity? [...]