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Energy and gas costs continue to rise, leaving businesses like food and beverage manufacturers feeling financially strained. The good news is that manufacturing businesses can significantly reduce their energy bills by becoming more energy efficient.
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Schools, pools, and hospitals will be supported to make energy efficient upgrades, and businesses with high energy use will receive funding to help cut bills and emissions.
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Lighting can account for 10–25% of your bill. For some businesses, it can be as high as 50%. The figures on this page come from our Boosting Business Productivity program. We worked with more than 300 businesses to explore their energy use and minimise their energy cost.
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Rooftop solar now accounts for 11.2% of Australia’s electricity supply, with households and businesses playing a leading role in Australia’s renewable energy transition, according to the Clean Energy Council’s new Rooftop Solar and Storage Report.
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The energy crisis has affected businesses in all sectors, but perhaps none harder than those in manufacturing. Glass, ceramic and paper manufacturers warned that rising prices may mean they have to charge customers more. Manufacturers in energy-intensive industries such as steel and chemical also warned that the price of goods would increase for consumers because of the high and rising energy costs.
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From March 5–7, METEF, the international expo for aluminum, aimed at highlighting new chances for the industry and provide opportunities to diversify one’s business, returns to Bologna
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With insufficient awareness of the benefits of energy audits, many businesses only conduct energy audits as a response to government requests, instead of considering them as a solution to save energy, reduce production costs, protect the environment, and move towards sustainable development.
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Binh Son Refining and Petrochemical Joint Stock Company (Stock code: BSR) focuses on operating Dung Quat oil refinery at optimal capacity to maximize profits, while applying cost-saving solutions in operations, production and business.
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Residential retrofit startups agree: Energy savings must pay for quality-of-life improvements to grow business and bring in lower-cost capital.
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Investments by the governments of Canada and Ontario through the Sustainable Canadian Agricultural Partnership (Sustainable CAP) are resulting in over $16 million worth of energy cost savings projects to help food processing businesses increase energy efficiency and lower their costs.
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Camden council (UK) will be offering free support to nearly 125 local businesses for reducing energy consumption, cutting costs and lowering carbon emissions.
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The Western Australian Government is investing $500,000 in a sustainability and climate action initiative that aims to help households and small businesses improve their energy efficiency and save money on energy bills.
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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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According to the IEA (International Energy Agency), we must double the global rate of energy efficiency improvements until 2030 to reach net zero by 2050. In a world where energy and climate crises are intertwined, companies search for ways to keep up with sustainability regulations while maintaining profitability.
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Hanoi authorities have teamed up with relevant agencies to provide technical assistance to businesses in developing energy efficiency indices and adopting advanced energy-saving technologies.
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Joining hands to save electricity to implement the electricity demand response (DR) program has brought benefits to businesses and people while still ensuring production, business, and daily life. At the same time, it contributes to reducing the pressure on the power supply during the peak season.
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For large industries such as paper, steel, and others with large energy consumption, effective energy management is extremely important. It is not only a key factor in reducing product costs, but also directly impacts the long-term survival and development of the business.
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A World Economic Forum and PwC report sets out a host of energy efficiency actions it claims are 'doable today, at attractive returns with no need for new technology.'
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Many businesses in Thua Thien Hue Province have adjusted their operations, shifting production to off-peak hours and optimizing equipment to support the power sector’s electricity efficiency initiatives.
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The national energy development strategy of Vietnam by 2030, with a vision to 2045, aims to achieve an energy saving ratio of approximately 7 - 10% of the total final energy consumption compared to the business-as-usual scenario by 2030, and about 14 - 20% by 2045.