Energy-Management Guidelines for Large Plants explained and cost-justified company website
The CECO Energy Management Team released a new downloadable presentation (www.cecoenviro.com
) detailing the cost impact of wasted energy in industrial buildings and processes, and explains the solution steps to reduce the energy component of manufacturing costs.
The presentation explains how seven-figure savings are easily attainable and justified, with payback periods of a year or two in many cases. The presentation shows how when energy costs are treated as a component of cost-of-goods-sold, it becomes easier to understand the importance of managing the cost, much like labor or raw materials.
The presentation states that 60-80% of a plant's energy costs typically go into the manufacturing process, representing massive opportunities for savings that go directly to the bottom line. According to the U.S. DOE, the manufacturing-cost component for energy will increase 50% in the next three years. The steps for managing process energy – assessment, analysis and reporting – are explained and supported with case histories.