Opinion: Implementing Industry 4.0 technology can help manufacturers save on electricity costs while using renewable energy, according to one expert in the energy sector. Luke Menzel, the CEO of the Energy Efficiency Council, explains what role Industry 4.0 plays in energy management. Industry 4.0 has been around long enough now that “thought leaders” are … Continue reading Energy management, the stealth enabler of Industry 4.0
Improving the energy efficiency of Australian homes and businesses could slash $7.7 billion a year off energy bills and create the equivalent of 120,000 full time jobs, a new report has found. The report, Energy Efficiency Employment in Australia, found that better energy efficiency would cut household gas use by 640 million gigajoules over a … Continue reading Report indicates Australia could save $7.7b a year with improved energy efficiency
Electricity prices have more than doubled since 2014, in Australia, and gas prices have followed closely with a 50 per cent increase since 2011. These evaluations, from a Grattan Institute 2018 report – Mostly Working: Australia’s Wholesale Electricity Market, show the stark increase in energy costs that Australian manufacturers have experienced, and continue to experience. … Continue reading Top tips for energy saving solutions for manufacturers
Mackay Sugar hopes to eventually provide a third of the region’s electricity through its new $120 million co-generation plant.