2015 Energy Management Study: Reducing energy consumption on the plant floor
Respondents to the Plant Engineering 2015 Energy Management Study identified six high-level findings impacting the manufacturing industries today. See findings and access full report.
Respondents to the Plant Engineering 2015 Energy Management Study identified six high-level findings impacting the manufacturing industries today:
- Energy audits: Forty-eight percent of facilities conduct regular energy audits. Of those facilities, 62% perform them annually, 7% twice a year, and 16% quarterly. Aside from audits, 76% of plants monitor energy usage regularly—up 12% from 2014.
- Challenges: Top challenges to energy management programs continue to be acquiring resources from corporate or management (34%), calculating return on investment (27%), and educating workers on the goals and objectives (26%).
- Energy reduction: On average, manufacturing facilities are trying to reduce their energy usage by 9.1%. Thirty-seven percent of respondents are convinced that they’re goals are achievable, while 53% are less confident but still optimistic.
- Implementation: Thirty-eight percent of respondents reported success with implementing an energy management program within their facilities, while 19% are just starting to employ such a program.
- Local utilities: Two-thirds of facilities work with their local utility companies to develop energy strategies, 81% of which reported a cooperative partnership. Three in 10 manufacturing plants have a peak load sharing program with their utilities, and 96% said it has been an overall success—nearly half of which experienced no problems along the way.
- Alternative energy: Of the 52% of facilities that use alternative energy sources, 43% use co-generation, 36% use solar, 31% use wind, and 21% use nuclear.
- Amanda Pelliccione is Director of Research, Plant Engineering, CFE Media.
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Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey