Energy transition is happening fast. With growing concern about the depletion and environmental impacts of fossil fuels, many companies started to set decarbonization goals, purchase greener energy and implement cleaner technologies. Additionally, today’s organizations confront an increasingly competitive business environment and as a result, they seek out opportunities to reduce the cost of production & service offering without negatively affecting product yield or quality. The cost of traditional energy use can impede their competitiveness. Managing energy usage effectively can be complex, but when properly designed and executed can lead to improved operational efficiency and minimized carbon footprints.
Devon supports clients for smart energy transition by developing customized energy optimization programs that reduce the carbon intensity of your operations, design, procurement, supply chain and product mix. Our solutions help organizations lower their energy bill and reduce their greenhouse gas emissions to offset their impact thus complying to climate change goals.
We analyze your entire energy portfolio—electricity, natural gas, steam, etc. along with associated energy use—lighting, on-site power generation, compressed air, steam system, process optimization, chilled & hot water system, HVAC system, etc. to identify the overlooked opportunities for energy savings. We also focus on low-cost/no-cost improvement initiatives that do not require significant outlays of capital. Our energy experts delve into a diagnosis process to identify the gap between existing and ideal performance level, develop a comprehensive energy strategy and identify quick wins, medium & longer-term initiatives to close this gap.
Our approach to energy solutions can be outlined below:
- Identifying energy sources and uses as well as defining energy consuming assets that affect energy use; facilities, equipment, system and processes.
- Analyzing energy use and consumption by studying the consumption pattern of the past period, assessing the energy performance of assets in use determining the best achieved performance in the past period and assessment of the feasibility of metering, monitoring and automatic controls.
- Establishing an energy baseline considering the best operating period without interruption.
- Conducting energy balance to quantify the energy inputs against all energy output.
- Estimating the energy outlook based on the past and present performance.
- Setting criteria for identifying the areas of significant energy use.
- Identifying the relevant operating variables that affect on the energy use of significant energy in addition to other parameters such as energy performance indicators, assets efficiency and energy intensity.
- Setting criteria for Identifying opportunities of energy performance improvement derived from best available technology, best practices in the industry, areas of significant energy use, benchmarking from external peer industry and alternate sources of energy.
- Considering saving potential of energy use based on cost saving, energy saving and emission reduction.