DOE program identifies energy savings potential for industrial plants
Through its Save Energy Now initiative, the U.S. Department of Energy Industrial Technologies Program has helped U.S. manufacturing plants identify potential savings of more than $807 million in energy costs. These three new case histories demonstrate the impact energy savings can have on processes and ultimately the bottom line.
Through its Save Energy Now initiative, the U.S. Department of Energy Industrial Technologies Program has helped U.S. manufacturing plants identify potential savings of more than $807 million in energy costs and 77.1 trillion Btu of natural gas %%MDASSML%% the amount consumed by more than 1 million single-family homes. The goal of Save Energy Now is to drive a 25% reduction in U.S. industrial energy intensity by 2017.
Three new Save Energy Now case studies reveal the specific energy savings recommendations identified by the DOE and how companies are taking steps to reduce their energy use and save money. These three companies are saving a combined total of $1.5 million per year, so far, after implementing some of these measures.
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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