Considerations in the estimation of costs and benefits of industrial energy efficiency projects

Elliott, R. Neal; Laitner, Skip; Pye, M.

doi:10.1109/iecec.1997.656758

Cited by 20 publications

(15 citation statements)

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“…Examples in literature and practice show that although the manufacturing sector has made continuous improvements in energy efficiency over the last years, "the economic energy efficiency potential in the industrial sector is far from being exhausted" [6]. Moreover, some researchers in the field of energy efficiency suggest that there are productivity benefits that can be associated with energy efficiency improvement measures [7,8,9]. These non-energy benefits could be, for example, lower maintenance costs, increased production yield, safer working conditions and many others.…”

Section: Introductionmentioning

confidence: 99%

Managing Energy Efficiency in Manufacturing Processes – Implementing Energy Performance in Production Information Technology Systems

Bunse

Vodicka

2010

IFIP Advances in Information and Communication Technology

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Abstract. Climate change and unsecured energy supply are topics that become increasingly important in today's society. Although renewable energy technologies may be a long-term solution, more efficient energy use potentially makes a high and economic contribution to the given challenges in the short term. New CO 2 regulations, rising energy prices and environmentally aware customers make energy efficient manufacturing a priority topic on the agenda of industrial companies. This paper focuses on drives for industrial companies to become more energy efficient in their manufacturing processes by integrating energy efficiency performance information and communication technology (ICT) in production management systems. Based on an EU roadmapping project, the paper analyzes which management tools and concepts support manufacturing companies to successfully implement energy efficiency improvement measures. By integrating energy efficiency performance criteria in ICT systems, decision-makers in industrial companies will be supplied with real-time and accurate information enabling them to make more effective business decisions.

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Section: Introductionmentioning

confidence: 99%

Managing Energy Efficiency in Manufacturing Processes – Implementing Energy Performance in Production Information Technology Systems

Bunse

Vodicka

2010

IFIP Advances in Information and Communication Technology

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“…A recent study of process industries by the Lawrence Berkeley National Laboratory's identified a number of these technology opportunities, especially in the heavy industries ). More broadly, a series of papers have indicated that including energy savings alone does not account for the full economic returns to industry when evaluating the cost-effectiveness of energy efficiency improvements (Finman and Laitner, 2001;Elliott, et al, 1997;and Sullivan, et al, 1997).…”

Section: Resultsmentioning

confidence: 99%

An integrated analysis of policies that increase investments in advanced energy-efficient/low-carbon technologies

Hanson¹,

Laitner²

2004

Energy Economics

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“…Typically, it will be the least costly alternative in the market that provides the energy service at the highest energy efficiency and, consequently, with the lowest energy consumption. 5 See, for example, Short et al (1995), Elliot et al (1997), Wroblewski et al (1997), Mahlia et al (2002), Lee et al (2003), EPA (2008), Nikolaidis et al (2009), McNeil andBojda (2012), and the Technical Support Documents the U.S. Department of Energy publishes as part of its energy efficiency standard rulemakings. (https://www1.eere.energy.gov/buildings/ appliance_standards/standards_test_procedures.html)…”

Section: Introductionmentioning

confidence: 98%

The economic efficiency of energy-consuming equipment: a DEA approach

Blum

2014

Energy Efficiency

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The market for an energy-consuming device offers a range of models that will meet consumers' needs for an energy service with different levels of energy efficiency. A more efficient model is likely to have greater up-front costs, but the increased efficiency will eventually translate into energy cost savings over the device's lifespan. Cost-effectiveness indicators (namely, net benefit and benefit-cost ratio) can be used to assess whether a more efficient model can be a better alternative for consumers. However, whereas these indicators express to what extent the additional benefits outweigh the additional costs, they do not indicate how efficiently each model allocates capital and energy to provide the energy service. They, therefore, lack the economic efficiency dimension of the problem. This paper introduces a data-oriented, non-parametric approach to evaluate such efficiency for a set of alternative models of an energy-consuming device. It relies on data envelopment analysis (DEA) to calculate relative efficiency coefficients. The coefficients establish an input efficient frontier for the energy service provided and indicate the models that provide the energy service at the least cost. DEA is further extended to calculate the highest cost-effectiveness achievable and indicate the most cost-effective alternatives. The approach proves useful to support consumers' decision-making when shopping for energy-consuming equipment, to guide manufacturers when benchmarking the models they produce, and to inform energy efficiency policymaking and program designing.

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Considerations in the estimation of costs and benefits of industrial energy efficiency projects

Cited by 20 publications

References 0 publications

Managing Energy Efficiency in Manufacturing Processes – Implementing Energy Performance in Production Information Technology Systems

Managing Energy Efficiency in Manufacturing Processes – Implementing Energy Performance in Production Information Technology Systems

An integrated analysis of policies that increase investments in advanced energy-efficient/low-carbon technologies

The economic efficiency of energy-consuming equipment: a DEA approach

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