How can energy efficiency support decarbonization efforts?

In general, efficient systems require a higher initial investment but provide a return on the initial extra cost and, therefore, offer lower operating costs. The longer the time horizon, the more appealing efficient, low-carbon systems become, provided the investment capital is available.

Therefore, an effective energy strategy must reflect several criteria:

• Geographical location: Confirm the availability and capacity of supply infrastructures, as well as applicable transport costs.
• Consumption profile: Recognize that high-peak demand will require greater infrastructure and have a significant impact on expenses.
• Costs: Assess both CAPEX (capital expenditure) and OPEX (operating expenditure).
• Equipment: Consider availability, efficiency (partial and full load), energy quality (temperature, flow/power).
• GHG emission rate: Align with corporate objectives, corporate image, taxation.

The energy strategy rests on rigorous analysis to identify the most fitting solutions for all challenges. Investment costs and the amortization period of these investments always weigh heavily in the decision-making process, as they directly impact operational profitability and return on investment. Thus, efficient systems, energy recover energy to mitigate the impact of installed systems and financial package optimization are crucial. This is where energy efficiency, often synonymous with energy conservation, becomes an important tool.

Energy efficiency has two main goals: To consume less and to produce more efficiently, ultimately curbing our carbon footprint. It goes without saying that using efficient equipment (lighting, chillers, boilers, etc.) will reduce energy consumption; however, the gains will be limited. Elevating a plant’s energy efficiency to the next level requires matching different energy needs, wherein one energy output serves as the source of another energy requirement. This approach limits production needs, thereby making it all the more important to lower energy consumption.

There are many technological solutions, but the subtleties in the right strategy lie in accurately assessing energy needs, selecting the appropriate technologies, ensuring they perform well and planning their implementation in the right order. It’s important to carefully consider how these measures will be incorporated, since one measure can negatively effect another. This means finding the most effective ways to reduce energy consumption and GHG emissions as much as possible while minimizing operating costs and optimizing investment.

Centralizing systems, such as cooling, heating, compressed air, etc., is another strategy to facilitate energy exchanges, enhancing efficiency at site level. This approach can reduce the amount of installed equipment, streamlines asset maintenance and grants access to more efficient systems.

Energy exchanges are only possible if the existing energy qualities are adequate, specifically in terms of temperatures that allow energy to transfer from one system to another. High-efficiency systems operate under non-standard conditions (flow and temperature) to enable transfers and maximize overall efficiency while consuming less energy. Identifying these diverse energy qualities, often by using the pinch method, and adapting production concepts are crucial steps. Therefore, it’s important to incorporate the development of energy efficiency concepts early in the project definition phase, and thereafter, to make integration easier and minimize impacts.

Selecting an energy strategy is a wide-ranging exercise that must take into account a number of criteria such as geographical location, budget, environmental impact, timetable and energy rates. This decision will have a significant impact on the quantity of GHGs emitted. Efficient installations need to be thought through upstream and aligned right from the project definition stage.

Energy efficiency is a key tool for reducing energy consumption by producing energy efficiently and optimizing both investment and operating costs, while maintaining a low carbon footprint. Our experts will be happy to discuss the available solutions with you.