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Advocates say the tool required under the new law should make energy saving programs by Dominion Energy and Appalachian Power more transparent and effective.
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Saving energy directly increases profitability. However, it is sometimes overlooked in cost control. By benchmarking yourself, you can find your energy saving potential, which could add up to 30% of your total energy consumption in the plastics industry. A more detailed view at the machine-level of energy use could unlock a whole array of benefits.
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Cornwall Council is offering free advice on saving money on energy to people in the county, as well as low-cost loans to eligible homeowners and landlords.
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The iron and steel industry is one of the pillars of the world economy, as steel is a very important material in sectors including construction, the automotive industry, aerospace, energy, and more. However, the steel industry is known to be very energy intensive. For this reason, it is imperative to implement measures to improve energy efficiency.
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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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The energy price cap, or the amount suppliers are allowed to charge for each unit of gas and electricity, will increase by around 5% from January 2024, the regulator Ofgem has said.
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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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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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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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In the seafood processing industry, energy costs are significant, accounting for about 30% of total product costs.
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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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Energy costs account for 20-30% of total production expenses in the paper and pulp manufacturing sector. Experts believe that the potential for energy savings in this industry is substantial.
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The federal government has rolled out its new strategy to improve energy efficiency in buildings across the country, claiming it will result in significant savings on Canadians' energy bills.
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Winter is coming. Have you known the following tips for a warmer winter this year?
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Thanks to the application of energy-saving solutions, Ninh Binh Fertilizer Co., Ltd., has reaped significant economic benefits, enhancing the competitiveness of its products.
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The synchronized application of management solutions, improvement initiatives, and investments in new technical technologies has helped Vnsteel Thang Long Coated Steel Joint Stock Company save 469,806 kWh, equivalent to an energy-saving rate of 16.2%.
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Heineken Vietnam - Hanoi Brewery has implemented energy-saving solutions during production to enhance the competitiveness of its products.
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Yazaki Haiphong Vietnam Co., Ltd. – Thai Binh Branch, located in the Song Tra Industrial Zone, has been actively improving production efficiency, cutting costs, protecting the environment, and enhancing its reputation with partners by using energy more efficiently
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On May 14th, a delegation from the Ministry of Industry and Trade inspected the compliance with laws on using energy efficiency and conservation and the implementation of Directive 20/CT-TTg of the Prime Minister on enhancing energy saving for the period 2023-2025 and subsequent years in Lao Cai.
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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.