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When coupled with renewable energy sources, energy-efficient systems lead to the development of sustainable energy solutions. Energy efficiency is the key to ensuring a safe and reliable reduction in energy consumption and greenhouse gas emissions. Also, energy efficiency improvements are a sustainable solution to the climate crisis. There are several areas of energy use savings. These include industry, transport, homes and buildings, and recycling. As per the International Energy Agency (IEA), energy efficiency in industrial processes, transportation, and buildings could lead to a 30% reduction in the world’s energy needs by 2050 and help control global emissions of greenhouse gases.
We must continually look for numerous approaches to save energy and money. A typical example across the industry is the scope for using energy-efficient electric motors. Energy-efficient motors yield enormous savings. These newer industrial motors are almost always easier to operate, quieter, and more reliable. Another example is the large amounts of heat produced by industrial facilities. This wasted thermal energy can be profitably captured and reused or sold for heating and cooling nearby buildings. CHP (Combined Heat and Power) systems, also known as cogeneration systems, use the thermal energy produced during electricity production to turn turbines to produce more electricity, effectively using fuel twice and significantly and profitably increasing efficiency quickly.
The third famous example across the industry is energy-efficient air conditioning systems. With the advent of summer, cooling and refrigeration systems are at their peak. The present situation in our state is also facing an energy shortage. Many organizations spend massive amounts on energy bills, especially in the summers. However, considering the need of the hour, it is essential to plan and respond proactively with wise energy strategies. This calls on for behavioral changes, which are inexpensive and takes lesser implementation time. However, preparing the mindset to accept that energy is wasted is a challenge.
IAM is specialized in developing and implementing energy-efficient solutions. Our Smart Energy Monitoring system helps to recognize excess energy use and suggest necessary modifications. As the name goes, the system is smart enough to monitor energy consumption and identify excessive energy usage. This helps in energy saving. The IoT-based Energy Monitoring System has helped save up to 25% off their electricity bills. Energy savings isn’t just a summertime activity. IAM’s Smart Energy Monitoring system will help you with year-round savings. This must come along with suitable energy habits to reduce waste, improve efficiency, and save on bills.
Implementing energy-efficient products and monitoring systems requires a detailed energy assessment. For example, cooling costs account for 45% to 50% of the overall utility bills in monetary terms. Hence, reductions in the use of cooling systems shall offer significant savings. Despite the impressive advances in energy efficiency and reductions in greenhouse gas emissions, much work remains. Although we celebrate our success, we cannot afford to be complacent. With this mission, IAM is continuously engaged in developing more and more advanced systems for energy monitoring and its efficient use.