How energy efficiency investment creates a ripple effect of multiple benefits for businesses beyond energy savings


Everyone knows that energy efficiency results in saving energy, but evidence points to an array of wider benefits. The term "multiple benefits" has emerged to describe the additional value that emerges with any energy performance improvement. The benefits that occur onsite can be especially meaningful to manufacturing, commercial, and institutional facilities. Energy efficiency's positive ripple effects include increased productivity and product quality, system reliability, and more. Business leaders take note: the bonus value of energy efficiency's multiple benefits amplifies the return on energy efficiency investments.

Over the past few decades, researchers have documented numerous cases of energy efficiency improvements---almost always focusing exclusively on energy savings. Non-energy benefits are often recognized, but only in concept. ACEEE's new report, Multiple Benefits of Business-Sector Energy Efficiency, summarizes what we know about the multiple benefits for the business sector. True quantification of these benefits remains elusive due to a lack of standard definitions, measurements, and documentation, but also in part because variations in business facility design and function ensures that a comprehensive list of potential energy efficiency measures is long, varied, and often unique to the facility.

To give some concrete examples of non-energy benefits at work: Optimizing the use of steam in a plywood manufacturing plant not only reduces the boiler's natural gas consumption, it also improves the rate of throughput, thus increasing the plant's daily product yield. A lighting retrofit reduces electricity consumption while also introducing lamps with a longer operating life, thus reducing the labor costs associated with replacing lighting. In many instances, monitoring energy use also provides insights into water or raw material usage, thereby revealing opportunities to optimize manufacturing inputs and eliminate production waste. By implementing energy efficiency, businesses can also boost their productivity. This additional value may make the difference in a business leader's decision to pursue certain capital investment for their facility... 

To continue reading this blog post, visit: http://aceee.org/blog/2015/01/how-energy-efficiency-investment-crea 

To read the report, visit: http://aceee.org/research-report/ie1501 



January 13, 2015


Topic Area: Press Release


Recent Posts

Hospitals Are Energy Super-Users. Why Is It So Hard to Modernize Them?

Managers face the ongoing challenge of finding a practical way to fund improvements while competing with capital priorities.


Encompass Health Rehabilitation Hospital of Bangor Officially Opens

Encompass Health Bangor is the company’s first wholly owned hospital in Maine.


Early Entry: Manager's Critical Role in Construction Planning

Facilities managers should seek a seat at the table early to shape decisions that affect operations and continuity of care from the onset.


The Evolution of Lighting in Patient Care

Lighting is a significant investment that healthcare facility managers can make to aid in healing.


HealthPartners and Essentia Health to Combine Organizations

The organizations anticipate the combination will be effective Jan. 1, 2027.


 
 


FREE Newsletter Signup Form

News & Updates | Webcast Alerts
Building Technologies | & More!

 
 
 


All fields are required. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

 
 
 
 

Healthcare Facilities Today membership includes free email newsletters from our facility-industry brands.

Facebook   Twitter   LinkedIn   Posts

Copyright © 2023 TradePress. All rights reserved.