#5. How to reduce energy cost when CAPEX is limited
A lot of energy costs can be saved at manufacturing plant without CAPEX.
A lot of energy costs can be saved at manufacturing plant without CAPEX.
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 [...]
Amnesty to prior energy waste unlocks immense energy cost reduction potential.
A recent report from SaveONEnergy described results of a lighting retrofit at Great Wolf Lodge in Niagara. Article states that annual electricity saving are "the equivalent of 400 room bookings". While expressing results of retrofit in term dear to hotel managers is definitely a step in the right direction, this comparison understates results by [...]
We all agree that Energy Management is important, even C-levels agree. Still too often it's not done. Why is that? This 2003 article - Overcoming Barriers to Effective Energy Management in Industrial Settings - names several barriers which I list below with my comments : Lack of Organizational Commitment If senior management is not committed to [...]
In this post we shall conclude describing how 3M has achieved outstanding energy cost reduction results. These publication has resulted from interview with Andrew Hejnar, Energy Manager of 3M Canada. This post completes the story started in previous publications: Part 1: How does 3M take big energy decisions Part 2: Energy standards increase savings Part [...]
In this post we continue describing how 3M has achieved outstanding energy cost reduction results. These publication has resulted from interview with Andrew Hejnar, Energy Manager of 3M Canada. This post follows the previous publication: Part 1: How does 3M take big energy decisions 3M adheres to best practices to increase energy [...]
If you seek a list of low cost energy efficiency improvements in process energy management in manufacturing, then this post is for you. This post summarizes best practices for process energy management in selected industries as identified by Canadian Manufacturers and Exporters (CME) through an Energy Pathfinder Research Initiative. The goal of this project was to identify [...]
Managers and executives can benefit immensely from clarity about energy consumption and savings, as well as risk costly mistakes from its absence. Despite loud claims, most M&V systems create more confusion and delusion, than clarity. Here are recommendations on what to watch for in an M&V reports and software to avoid making costly investment mistakes. [...]
Corporations routinely require energy projects to meet a 2 year simple payback threshold, which is another way of requesting a 50% return. Same corporations rarely enjoy returns in excess of 10% in their core business. Are CFOs mean to energy projects, plain stupid, or what? - Unlikely. Slow thinkers do not make it to corner offices. [...]