Energy efficiency for industry and utilities: a review

19. April 2011 19:38

Leo Abruzzese, Director of Global Forecasting, Economist Intelligence Unit, presented the results of a survey commissioned by ABB that examines how companies can improve their long-term financial growth by managing energy efficiency in their operations.

The frugal manufacturer: a review of utility and industrial energy efficiency

Leo Abruzzese, Director of Global Forecasting, Economist Intelligence Unit, presented the results of a survey commissioned by ABB that examines how companies can improve their long-term financial growth by managing energy efficiency in their operations.
The full survey can be found in 'Trends in global energy efficiency 2011: An analysis of industry and utilities', which also provides a global overview of energy efficiency, and G20 country reports.
Abruzzese discussed the current trends in industrial energy efficiency, including how executives are overcoming obstacles to energy efficiency in their own companies, and the long-term outlook.
In January and February 2011, the Economist Intelligence unit surveyed 348 senior executives and interviewed senior business executives, policy makers, and other experts on their plans to improve energy efficiency in production processes.
Industrial executives say improvements in energy efficiency and the financial returns on these investments will be critical to their businesses in the coming two decades, however, only a minority are taking action to improve efficiency.
The gap between awareness and action is largely caused by lack of information, but despite such obstacles companies are improving their record on energy efficiency and this trend will accelerate especially with the introduction of new regulations.
Much of this improvement will come from existing technologies and process innovations.
For additional information please visit abb.com/energyefficiency

 

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