The specific cost of production can be lowered by way of the capacity enhancement leading to increased sales volume. The variable cost of production can be reduced significantly by energy conservation
capacity enhancement lowers the specific cost of production of products as mentioned above, while conservation of energy also lowers the variable cost of production.
Here are the top five no-cost or low-cost measures that will bring noticeable improvements in energy efficiency. These include things like identifying idle equipment, making simple operations and maintenance changes, or equipment retrofits, all which can deliver an immediate bottom line impact.
http://www.sustainableplant.com/2013/03/the-top-five-energy-efficiency-measures-for-industrial-businesses/
With the industrial sector consuming more than one-third of all the energy used in the United States, it's easy to see why facility managers are constantly seeking ways to reduce energy costs without compromising their production lines. Today, thanks to emerging technology and energy-efficient equipment, the real costs and return on investment can be easily calculated. According to the U.S. Department of Energy, implementing best practices for energy management and energy-efficient equipment, as well as plant-wide energy audit recommendations, can reduce a plant's annual energy costs by 10% to 15%.
http://ecmweb.com/content/optimizing-energy-conservation-todays-plants
- Badges
- Science topic
- Similar topics
- Biological Science
- Biota
- Eukaryota
- Viridiplantae
- Streptophyta
- Plants