Quick Answers for Corporate Executives
How much money can the plants in my corporation actually save?
On average, Technology Delivery Plant Wide Assessments have identified significant annual cost savings for plants across the country. Here are some examples:
Aluminum - $1.5 million dollars per year, per plant
Chemicals - $1.9 million dollars per year, per plant
Glass - $1.4 million dollars per year, per plant
Mining - $900 thousand dollars per year, per plant
Steel -$1.6 million dollars per year, per plant
At the corporate level these savings can be multiplied when identified measures that are implemented at one plant are replicated enterprise wide! Larger, more cost-effective energy savings are most likely at companies that have adopted corporate energy management policy.
Are there new, energy saving breakthrough technologies specifically useful to my industry?
Yes. ITP works with industry to identify research priorities and supports collaborative RD&D with the eight Industries of the Future: aluminum, chemicals, glass, forest products, metal casting, mining, petroleum, and steel. Learn more about these new technologies today.
Are other corporations investing in energy efficient technology and showing results?
Yes, there are many successful corporations that are implementing energy efficient technologies - read about their experiences here.
What is Corporate Energy Management (CEM)?
The term "CEM" has come to refer to sets of actions that move accountability for energy outcomes to upper levels of the firm. Many view it as relocating energy decision-making from the boiler room to the boardroom. Under CEM regimes, energy is no longer the sole responsibility of plant managers and engineers; in fact, CEM programs are designed to involve many areas of business activity, such as accounting, marketing, and others that were not traditionally concerned with energy.
A successful CEM program typically includes the following:
- Commitment by upper level management
- Clearly stated goals on energy efficiency, waste reduction, and sustainability
- Communication of goals, tactics, and achievements throughout the firm
- Delegation of responsibility and accountability to the appropriate personnel
- Sustained tracking and assessment of energy use
- Continuous investigation of potential energy reduction projects
- Application of business investment models to energy projects
- Establishment of an internal recognition program for achieving energy goals.
Click here to learn more about implementing a CEM program for your business.
Where can I learn about energy management strategies to apply throughout my corporation?
ITP provides information on Corporate Energy Mangement Management strategies. More and more companies are realizing the importance of energy performance and its overall impact on shareholder value, corporate profits, and social image. Today, Corporate Energy Management strategies are beginning to take hold and major corporations are leading the way.
Where can I go for more information?
The Energy Efficiency and Renewable Energy Information Center (877-337-3463) is a excellent portal to a vast portfolio of resources and services, helping you to quickly connect to the means to meet your energy efficiency needs.