Energy Efficiency = Business Sense
Kuruvilla P Kurian,
Practice Head for Energy Efficiency SunMoksha
Despite the ever increasing global news of climate change (shrinking polar icecaps) and local news of its impact on our food security
(changing climate patterns affecting agriculture), we often think that our energy consumption affects intangibles that never impacts us.
It’s often easy to stay in the comfortable cocoons of our status quo but we are collectively responsible for the outcomes that will affect
our everyday lives.
Energy consumption has been increasing at a steady clip, estimated at 8% per year, which
roughly tracks the urban economic growth in India. At the same time, generations struggles to keep pace,
leading to longer brownouts and unpredictable power supplies. Our antediluvian distribution infrastructure
doesn’t help as could be seen from the world’s worst grid collapse in North India recently.
Electricity costs keep increasing every year. Diesel prices are held back only by political compulsions but if left
to track international prices, would lead to DG power costing over Rs 20 per unit (kWh).
Together all of us can make a difference in propelling our country’s
growth through efficiency gains and simultaneously reduce the climatic effect of carbon.
We have to, there’s no choice.
A recent internal study conducted by SunMoksha came up with Three interesting conclusions:
•Companies with existing facilities (retrofit) have the ability to shave 10-15% of their
electricity costs by just reconfiguration and process changes at almost no cost.
A further 10-15% savings can be achieved with minor investments with a payback of 18 to 24 months.
This is money that flows directly to the bottom line.
•Higher energy consumption correlated with poorer air quality in offices.
• Energy efficiency programs helped reduce fixed energy costs and correlate energy consumption closely with output in factories.
If you are a business leader, here are some
Practical steps you can put in place to save money:
• Get an electricity usage benchmark done on your facility.
• Look at your overall energy usage in the context of your office environment.
• Set and achieve energy reduction targets within a fixed implementation timeframe.
• Communicate the results to your employees and get their engagement.
• Seek professional help that can make a difference.
TiE members, who are looking for business opportunities, can Explore some of these potential areas:
• Energy management/building management systems integration
• Data analysis of energy usage and benchmarking
• Certification of facilities (LEED/GRIHA) for new and retrofit
• Technical analysis (CFD/CFM) of buildings and data centers
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