Risk Management North America
Multiple Energy Ben-efit$
Now, quantitative software to provide a clear picture to the actual Multiple Benefits ("dollars") realized because of energy savings.....other than the primary kWh reduction project.
Furthermore, reduce kWh saved on your injection machine - in turn " wear and tear on the motor is reduced". Hence greater realized savings. Beyond reducing downtime
Non-energy benefits (NEBs) include all the benefits entailed by new equipment which is not an energy benefit in and of itself. Often increases of 50% -200% of project realize benefit is achieved, without any additional costs.
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Often-observed examples of NEBs include maintenance cost reduction, increase in workplace comfort or safety , increase in industrial productivity (thanks to lower production time or a reduction of the rejection rate), and product quality improvement.
A new revenue stream, that will fund other Capital equipment
required to increase productivity.
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Reduced Per part Cost, may open doors to contracts once out of reach. You increase your competitive if you already possess "the best price"
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A reduction in GHG emissions is another frequently-observed NEB of an energy-efficiency project. Often a task to reduce " carbon footprint" promoted on company websites, made into a reality....with Reward$.
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Similar to energy benefits, NEBs translate into financial benefits for the investor. New software to quantify NeB now available .
"An investment is strategic if it contributes to create, maintain or develop a sustainable competitive advantage" (Cooremans, 2011).
