Industry Could be More Fired up to Save Energy

by swisscham in Engineering, Manufacturing

Research commissioned by ABB Group, the power and automation technology company headquartered in Switzerland, confirms that energy efficiency remains a high priority for industrial executives. Of more than 300 in manufacturing and power sectors surveyed by the Economist Intelligence Unit, almost all said energy efficiency will be a crucial success factor for their companies over the next two decades. But three-quarters of them also said they face barriers in improving energy efficiency and data. Many producers in the steel industry, which is the main industrial energy user, have dramatically reduced consumption by switching from blast furnaces to electrical processes, which use only half the energy. However, among those that have gone the electrical route, wide national and regional variations emerge (consumption in China, Russia, Ukraine and Brazil is 1.5 to 2 times higher than in Japan, for instance). Take China, for example. While the share of industrial energy consumption remains stable on a worldwide level and is decreasing in developed countries, it is increasing in China: from 34 % in 1990 to 40 % in 2010.

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