Interesting Reads

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Simple payback can cost you profits and what is the better way ratio

Simple payback period is routinely used as an ultimate ratio when it comes to selecting between energy projects. This practice may cost your company money in missed opportunities. Simple payback period (SPP) is the simplest way to assess profitability of an investment project. Simply divide first year cost by first year savings and you get [...]

How has 3M Canada cut energy use by 32%? Part 6: 3 tips to succeed with energy projects from 3M

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 [...]

How has 3M Canada cut energy use by 32%? Part 5: How does 3M evaluate and monitor energy projects?

In this post we shall 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 previous publications: Part 1: How does 3M take big energy decisions Part 2: Energy standards increase savings Part 3: 3 pillars of [...]

How has 3M Canada cut energy use by 32%? Part 4: How does 3M find energy projects?

In this post we shall 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 continues the story started in previous publications: Part 1: How does 3M take big energy decisions Part 2: Energy standards increase savings Part [...]

How has 3M Canada cut energy use by 32%? Part 1: Big energy decisions

3M is recognised as a world leader in energy efficiency, hands down. Since 2008, the company has reduced energy use by 32%. This result by far exceeds the 20% reduction goal, aspired by many companies. How does 3M work with energy? What can other companies learn from their experience? I brought these questions to [...]

Resort owners gained $1mln out of simple energy projects

A resort 'has achieved energy savings ... without impacting guest experience'. What an unfair and misleading statement!   So the resort saved $20K on energy per year, which is peanuts compared to what they have actually gained. Value to guests Of cause all these changes have impacted guest experience: Thermostats increased comfort in [...]

Massive automation is upon us, how will it affect your plant?

Last week I had a pleasure of attending an intense Summer Conference set up by Association of Energy Services Professionals - AESP . One and a half days of presentations and panels were kicked off by a thought-provoking speech delivered by Patrick Schwerdtfeger about exponential nature of changes in our life, particularly massive automation of [...]

By | 2017-09-11T16:35:04+00:00 September 8th, 2017|Categories: Business value, Interesting Reads|0 Comments

How to make behavioural energy saving work?

Flip a switch or a flip bird? Numerous studies show that simple changes in employee behaviour may save up to 10% in energy costs with no capital costs. The common issue is that it’s difficult to initiate behavioural changes and it’s definitely very difficult to sustain them. Here comes the most puzzling part: some companies [...]

Why energy efficiency projects do NOT have to be immediately profitable to be accepted

When my Dad was diagnosed with lung cancer he quit smoking at once. He meant to do this for years, but just "could not". When he could not breath anymore, all other "could-nots" became irrelevant. As a planet we are now still smoking through billions of stacks and exhaust pipes. We "can't afford" [...]

Why modern economy strives to build electricity generation facilities instead of conserving energy?

It’s long been known that reducing electricity use through efficiency is cheaper than having to generate more power to meet rising demand. A recent reportfrom the American Council for an Energy-Efficient Economy puts numbers behind that claim. “Why build more expensive power plants when efficiency gives you more bang for your buck?" said Maggie Molina, author [...]