Almost all capital expenditure requires a financial return. But, with energy efficiency projects, ABB sees finance as only part of the story. Moreover, they estimate investing in energy efficiency generates multiple energy efficiency benefits, adding up to 50% more added value, plus energy savings. Most companies have a hurdle rate that defines the lowest […]
Linking asset maintenance and energy costs A recent white paper, Schneider Electric looks the relationship between asset maintenance and energy costs in pumping. Assets such as pumps need maintaining on an ongoing basis, and maintenance costs are 25% of TCO. Thus maintenance practices warrant examination of their contribution to energy-influenced savings. In pumping installations, […]
ABB offers a wide range of technologies that help reduce energy consumption and improve productivity. According to ABB, the best way to startis with an effective energy audit: it will have several characteristics, but generally include for following proven characteristics: The ABB energy audit process Outlining the scope of supply To start, the […]
Energy savings? I don’t believe it. Sometimes, the simplest solutions are the best. UK manufacturing needs to improve its productivity. An easy way of achieving this is to reduce energy costs. At least, so you would think. Yet, a report from ABB suggest theory and practice are not the same when it concerns reducing […]
As safety technology advances, it is increasingly popular to embed the functions in to automation equipment like variable speed drives. According to Schneider Electric, as Industrial Ethernet becomes the network of choice, then both will start to merge. Hence, the resulting integration of embedded safety over Ethernet will extend the benefits of both. Modern industrial […]