Energy savings for industrial operations, manufacturing
Participation in U.S. Department of Energy program continues Opto 22's efforts toward conservation and sustainability.
Through a newly forged agreement to reduce its energy intensity by 25% over a 10 year period, Opto 22 has become a Save Energy Now LEADER and part of a United States Department of Energy (DOE) nationwide initiative to reduce energy consumption and energy intensity within the industrial operations and manufacturing sector.
As a Save Energy Now Leader, Opto 22 will work with representatives from the U.S. DOE's Office of Energy Efficiency and Renewable Energy's (EERE) Industrial Technologies Program to establish the company's energy use and energy intensity baselines, develop an energy curtailment plan, report its progress in reaching its reduction goal, and share energy usage data annually with the DOE.
According to the DOE, energy intensity is defined as the energy consumed for each unit output from an industrial process. With the manufacturing sector consuming almost one-third of the nation's energy, tracking and gradually decreasing energy intensity (while continuing to maintain and grow production) is perhaps the single most effective strategy for businesses to reduce operating costs, increase competitiveness, and limit risk due to fluctuating fuel prices, while also reducing carbon emissions and overall reliance on fossil fuels.
By joining the Save Energy Now program, Opto 22 effectively continues its corporate focus on environmental responsibility via conservation, recycling, and sustainability efforts that began in 2006 when the company implemented more energy-efficient HVAC systems, maximized use of natural sunlight, and otherwise combined technology with common-sense practices to successfully reduce its carbon footprint and overall power consumption by 29%.
"Opto 22 is proud to join a group of forward-thinking companies making a voluntary pledge to reduce their overall energy consumption, while also encouraging the adoption of more energy efficient operations, and the development of technologies and products for energy monitoring and management," says Opto 22's Benson Hougland, vice president of marketing.
For more information on the U.S. Department of Energy's Save Energy Now program or to become a Save Energy Now LEADER go to http://www.eere.energy.gov/industry/saveenergynow.
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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