Electricity from waste heat is an area that needs to be studied. Some US companies who have got into the business with steel mills in Indiana calculate that this captured heat has the potential to reduce carbon emissions by upt 12 percent! This electricity supplied works out cheaper than conventional electricity.
Not only steel mills, many other industries flare away the excess fuel. What an opportunity there.
Tightening the belt, making your processes more efficient and reducing waste is the easiest way to cut emissions. No wonder UK Energy and Climate Change Minister Greg Barker is urging businesses to register now for the Carbon Reduction Commitment Energy Efficiency Scheme (CRC).Only 1229 organisations have signed up to the scheme out of an estimated 3000-4000 that are eligible, with just 50 days left until the end of the registration period.
The CRC, which officially kicked off in April this year, requires large public and private sector organisations that use more than 6000 MWh of electricity a year to register with the scheme and start monitoring and recording their energy use.
Organisations that consume less than 6000 MWh but have half-hourly meter readings still have to register with the scheme as an ‘information declarer’, confirming their consumption is below the threshold.
The scheme has the potential to help organisations make significant savings on their energy bills. The London Fire Brigade, for example, which has already signed up to the CTC has saved £260,000 in the last year since it put energy efficiency measures into place.
Unless backed by such regulations, big promises about energy efficiency end up as just hot air!
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