Articles

3 reasons why manufacturing companies must implement an energy efficiency system

Introduction

The energy crisis and rising utility prices have changed the way companies in the manufacturing industry operate. For a better tomorrow, the manufacturing industry must comply with the regulations promulgated globally by the International Organization for Standardization – ISO.

The Energy Management Law – ISO 50001:2018 marks the steps every manufacturing company should take for the improvement of energy efficiency and business model, through the implementation of a sustainable business strategy and an energy & utilities monitoring system.

The energy efficiency monitoring systems play a crucial role in manufacturing. The implementation of an energy efficiency monitoring system allows manufacturing companies to improve their production performance through digitalization.

3 reasons why manufacturing companies must implement an energy efficiency system:

  1. Energy & Utilities costs reduction

The optimization of consumption through an energy & utilities monitoring system allows manufacturers to decrease the costs generated by them. EnergyData’s study shows that businesses which implement an energy monitoring system can save up to 15-17% from the annual costs generated by unit consumption of energy and utilities.

  1. Carbon footprint reduction

Energy efficiency in manufacturing is linked to climate change. The integration of an energy monitoring system allows companies to contribute to the sustainable development goals that government institutions want to achieve. International Energy Agency’s studies shows that CO2 emissions generated by manufacturing can reach up to 23%.

The implementation of an energy monitoring system in production facilities can decrease the quantity of CO2 emissions up to 18%.

  1. Legislation compliance

There are various laws and obligations that companies in the manufacturing industry must constantly comply with and monitor in order to keep business continuity and comply with international standards. One of the most well-known laws in this industry is ISO 50001:2018, which requires companies to implement energy monitoring solutions. Compliance with the obligations set by government institutions keeps businesses to the highest standards of quality and efficiency in the use of energy and financial resources.

Conclusion

The main goal of an energy monitoring system is to minimize energy and utilities costs and losses in the production facility. Implementing an energy monitoring system is an essential step that companies in the manufacturing industry must take to ensure proper business continuity.

Energy Efficiency Solution – QLEAP ENEF

QLEAP ENEF gives companies the possibility to optimize energy and utilities consumption. The system integrates functionalities that allows organization to identify the high consumption areas.

QLEAP ENEF Benefits:

  • Reduce energy consumption
  • Track specific consumption
  • Track consumption parameters

Contact us for more information about QLEAP ENEF:

Website: https://qleap.ai/contact

E-mail: [email protected]

Phone: 0232.217.248