Investing in energy efficiency has significant business benefits for industry , explains Joris Cocquyt , Head of Sales for IEC Low Voltage Motors , ABB .

Joris Cocquyt

Head of Sales for IEC Low Voltage Motors ABB

Energy efficiency – achieving the same outcome using less electricity – is broadly understood as an essential contributor to reaching Net Zero . The International Energy Agency ( IEA ) describes it as “ the first fuel – the fuel you do not have to use .”

In a recent survey by ABB , which included over 2000 businesses , cost ( 50 percent ) was listed as the biggest barrier to improving energy efficiency . What these businesses may not yet realise is that efficiency can also save them money as well as contribute to net zero .

The good news is that energy-efficient technology is available today that simultaneously maximises return on investment ( ROI ) and minimises emissions . Here is what businesses need to know . facility . Around the world , approximately 300 million motors currently power pumps , fans , mixers , and conveyors , among many other types of machinery . Therefore , any opportunity to reduce their operating costs thanks to more energy-efficient technology will have a significant impact on the bottom line .

The most efficient motors available today are synchronous reluctance motors ( SynRM ). These motors are capable of achieving IE5 efficiency , meaning that they have energy losses 50 percent lower than those of an IE2 motor and 40 percent lower than those of an IE3 motor .

Electricity : the real cost Electricity is typically an industrial facility ’ s greatest single operating expenditure ( OpEx ). Electric motors , in turn , are generally the most energy-intensive components within a

ABB IE5 SynRM and Drive