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Countries need to act to double the rate of energy efficiency improvement globally in order to meet their climate goals and maintain competitiveness in a transitioning world.
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An MIT team precisely controlled an ultrathin magnet at room temperature, which could enable faster, more efficient processors and computer memories.
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Malaysia initiates energy audits for medium and large-sized industries for the period of 2016-2025. Under this initiative, a free energy audit is offered with a requirement in which the owner needs to invest in energy savings measures with an amount equal to or higher than the cost of the audit. It is further complemented by energy management and monitoring to ensure the energy savings measures are on the right track.
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UK government urged to change regulations so new homes incorporate solar panels, heat pump, high-grade insulation and battery storage.
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As a relentless heatwave drives electricity demand to record highs, South Korea’s business community has banded together to launch an energy conservation campaign.
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In the seafood processing industry, energy costs are significant, accounting for about 30% of total product costs.
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From 2020 to 2022, Terumo Vietnam Co., Ltd. implemented 61 energy-saving solutions, resulting in savings of nearly 3.4 million kWh, equivalent to more than 5.7 billion VND.
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Cement production is one of the industries with high energy consumption, and cement enterprises prioritize finding effective energy-saving solutions to reduce costs and increase profits.
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New research from the American Council for an Energy-Efficient Economy (ACEEE) finds that making average electric vehicles as efficient as their higher-performing peers can reduce the upfront cost of an EV by almost $5,000 and cut charging costs by nearly a third. Improving the efficiency of a 300-mile-range EV can give it the same range with much smaller batteries, significantly cutting costs.
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Integrating artificial intelligence into today's environmental control systems could reduce energy consumption for indoor agriculture by 25% -- potentially helping to feed the world as its population rises, engineers have found.
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About 70% of people in Japan are considering reducing the use of heat pumps in winter against the backdrop of soaring electricity costs, a recent survey by Daikin Industries Ltd., a major air conditioning unit manufacturer, has revealed.
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The UK Government’s Great British Energy initiative could reduce consumer costs by £35 billion by 2050.
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Indonesia's President-elect Prabowo Subianto plans to cut energy subsidies and will give cash handouts to families in need, his key economic adviser said.
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Fertiliser manufacturers have implemented solutions to significantly reduce their carbon emission in production and improve energy efficiency.
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By recovering almost all the energy from the heat, Toshiba Asia Industrial Products Co., Ltd. saves nearly 1 billion VND in electricity costs and reduces nearly 400 tons of CO2 emissions annually.
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The Government Energy Management Program (GEMP) is aimed at reducing government-wide electricity and fuel consumption by at least 10% via strategic energy efficiency and conservation measures - and that shall redound to corresponding cost savings.
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Bangladesh’s energy efficiency and conservation master plan up to 2030 shows viable EE and conservation potential of 21% and 28.8% in the industry and household sectors, respectively.
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Improving efficiency and flexibility of water heating can significantly reduce this major cost for households and for the entire electricity system.
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Effective energy management optimizes energy usage, brings economic value, ensures sustainable environmental development, and reduces carbon emissions.
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An Italian company has conducted what it says is the first test of magnetic levitation (maglev) transport on an existing railway track, a technology that has the potential to reduce costs and energy use as the industry seeks more efficient systems.