The consumption of energy in industrial space varies based on several factors, including plant age, load, operational schedule, climatic conditions, number of workers, demand, etc. Notably, every form of system and operation has potential energy waste points, which need to be identified and mitigated.
Nearly 68% of all energy produced is rejected energy, which gets wasted because of various inefficiencies. (Source). This is an alarming number, more so when you consider the environmental impact it leaves.
Any business that wants to succeed consistently at all stages of its operation must take thoughtful action on time to manage its energy use. While energy management is an area that does not get due consideration, it is essential because it determines stability and future health.
By identifying potential areas that waste energy and mitigating the issues, a business can reduce costs, risks, and carbon footprint. A useful energy management strategy can help a company navigate energy-related challenges and sustain its growth journey. Read More:
