In this third part of my three-part Energy Overview, I make the case for widespread adoption of hydrogen as an equal-status energy carrier to electricity.
It’s part two of my 3-part series of #WithASharpie videos.
Here I outline the different uses of energy carriers in our economies.
Many industrial facilities will face significant challenges in the coming years in responding to National and Global efforts to reduce greenhouse gas emissions. Although Australia has been something of a laggard in this space, nevertheless it is a signatory to the Paris Agreement and we can expect a range of future emissions reductions policies to hit industrial businesses going forward.
One way to deal with your emissions challenge is to find ways to more accurately measure your major emissions sources, especially from fuel combustion. It’s not necessarily about reducing actual emissions, but improving your measurement accuracy.
In this case study, I show how I helped a clinker & cement manufacturing plant reduce its reported CO2 emissions from coal by 8%.
It’s the first of a 3-part series of #WithASharpie videos.
This first part is a high level overview of the modern economy’s sources and uses of energy, as well as introduction of the concept of an energy carrier.
They’ve been creeping up on you. Energy costs, that is.
A decade ago, energy was a stable and predictable part of your facility’s operating costs. Not really worth finessing. Occasionally you’d ask one of you engineers or technical people to take a look at it.
Haven’t times changed?
Without getting bogged down in the politics, economics or structural changes in our energy markets (the topic of many, many other articles), let’s take a look at the practical, real-world impacts of energy costs on businesses today:
- East coast wholesale and commercial natural gas prices have surged off the back of multiple gas export hubs in Queensland;
- Industrial power prices have continued to rise year on year due to a range of factors that would have been very hard to predict a decade ago;
- Once quite modest, energy costs have now become a significant parts of manufacturing and resource overall businesses costs;
There is little chance that any political or market events will bring down your energy costs in the medium- (or even long-) term.
With that in mind, it’s time to get serious about taking control of your facility’s energy costs. This article spells out 4 key steps you can take right now to knock at least 10% off your electricity, gas and fuel costs:
- Take stock of your energy situation
- Set business objectives, KPIs and a budget
- Identify opportunities;
- Fund and implement.
Let’s take a look at each of these steps in turn.