Carbon Trust helps UK business ‘motor’ towards £600m cost savings
- Published on Tuesday, 29 November 2011 10:32
- Posted by Scott Buckler
UK industry could save more than £630m through the use of more efficient electric motors and variable speed drives (VSDs), according to new guidance published by the Carbon Trust
The two Carbon Trust guides reveal how businesses can make significant savings on their annual energy bill. In the industrial sector for example, a medium sized business with an electricity spend of £50k could save £5k per year by fitting VSDs and higher efficiency motors. Fans and pumps don’t often need to work at 100% capacity – by using a VSD to slow them down by only 20%, you can save up to an impressive 50% on their energy use.
The practical guidance will be welcome news for UK industry. Electric motors account for over two thirds of British industry’s electricity consumption and approximately 40% of all electricity consumption globally. The annual running costs of a single motor can be ten times the purchase cost.
The Carbon Trust guides outline how sectors such as the UK food and drink industry could save up to £70m per year by installing variable speed drives and more efficient motors. Other sectors such as plastics, rubber and chemicals could collectively save up to £270m annually.
Richard Rugg, Director of Carbon Trust Programmes, said:
“There is a massive £640m to be saved if businesses can get their approach to motors and drives right. While it’s sometimes easy to overlook, simple steps can make a big difference to energy costs. Adopting the measures outlined in these guides will have a direct impact on your business bottom line.”