Why do CFOs hate energy efficiency investments?

by | Mar 9, 2021 | Energy Efficiency

Compared to putting some solar PV panels on the warehouse roof, energy efficiency is hard. You need a lot of Subject Matter Experts who truly understand the process or utility system you want to optimise. 

It is intrusive. You have to do open heart surgery on your fridge plant to get the savings. It is sometimes hard to see the savings – has capacity, seasonality and product mix been taken into account when we calculate the savings? Are we up or down on savings??

And worst of all, the savings can be temporary….low hanging fruit, unfortunately, tends to grow back.

We all have the story about the super dooper heat recovery project that was done to much fanfare, only for the heat exchanger to foul up within 3 months (never to be cleaned again).

Knowing all this…why would anyone bother?

Well, fortunately there are solutions to all the above problems.  Most importantly you can maintain and grow energy savings over the long term.  You just need the right tools:

Tools that…. gather all the required data, continuously, automatically.

Tools that…. sort, clean and automate the reporting of that data.

Tools that….. that take into account all the variables – so you know the project is hitting target savings.

Tools that…..allow you quickly and easily show your CFO that you are hitting target savings.

Tools that…..allow you to see new insights to optimise the project further.

And most importantly, tools that….allow you to sustain the savings over years.

Energy efficiency is a great investment if you have the right tools that tick all the above boxes.  Why?

It has a great payback – and can deliver a step change in energy consumption (up to 30-40% total energy savings) in your plant. 

It typically makes your plant run better, adding capacity and reducing instability.  Reducing maintenance interventions.

Equip yourself with the right tools today to drive peak plant performance (and prove your CFO wrong).

____________________________________________________________________________________________________________________________________________________________________

Register for our next Masterclass to get practical tips, solutions and real case studies from the experts to help you accelerate Continuous Improvement in Manufacturing:

 

Related Articles

Why do CFOs hate energy efficiency investments?

Compared to putting some solar PV panels on the warehouse roof, energy efficiency is hard. You need a lot of Subject Matter Experts who truly understand the process or utility system you want to optimise.  It is intrusive. You have to do open heart surgery on your...

How to ensure savings realisation in energy efficiency projects

Is your plant performing as expected? Are your energy efficiency projects really saving energy? And, more to the point, how confident are you of your investments in them? Sure, there are loads of protocols, standards, and methodologies floating around, but the real...

Boost your plant with expertise on demand

  Unless you are extremely fortunate, it’s unlikely that you have a PhD in Chemical Engineering and a Refrigeration Engineer with 30 years’ experience residing within your maintenance or engineering teams. Now you can have both, for a fraction of the cost it...

Try Our

Energy
Savings
Calculator

Click Here

FREE White Paper : Optimize Energy Consumption in Pharmaceutical Manufacturing

Learn how you can, at one look, see every wastage, every redundancy, every opportunity to save energy and act on it.

  • Proven 3 step method to seal your energy gaps
  • Reuse energy to cut consumption and wastage
  • CO2-neutral energy sources can help your business
  • Bring your business to the next level with energy data analysis