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WASHINGTON, DC-As the nation faces uncertainty, the Alliance to Save Energy's BestPractices Steam program is suggesting that industrial energy managers who take steps to optimize steam systems may boost financial performance.
These steps, according to the Alliance to Save Energy, will reduce fuel bills, improve productivity, and help contain emissions, while also helping to create a safer workplace at major plant utilities, such as steam, compressed air, electric motors and drives, and lighting. The Alliance says it is promoting these steps to save energy, which translates into earnings that improve profit margins and shareholder value.
"Energy efficiency is probably one of the most misunderstood opportunities facing manufacturing industries today," said William Pitkin, executive vice president of the National Insulation Association and chairman of the BestPractices Steam steering committee. "When profit margins are threatened, corporations will resort to layoffs without hesitation. But equivalent savings potential from fuel efficiency is so often ignored."
Industrial steam, used for process heat and power generation, represents about 45% of manufacturing energy ...