Techno-Economic Impact Assessments of Energy Efficiency Improvements in the Industrial Combustion Systems

Abstract

Industrial energy efficiency assessments not only provide benefits to manufacturers but also generate significant economic and environmental benefits to localities, states, and the nation through indirect and induced benefits. Quantifying these benefits requires a systematic economic framework for capturing these interactions. This article employs methodologies for improving the energy efficiency of small- and medium-sized industry through their combustion systems. Combustion systems offer large opportunities to enhance energy efficiency through adopting advanced technologies and better-informed operations. The case studies presented illuminate the potential savings and impacts from implementing energy-efficient combustion recommendations and the importance of energy audits and energy efficiency in the fight against climate change. This study describes and quantifies the cascading economic and environmental impacts of implementing the industrial energy efficiency recommendations offered by an energy auditing program by participating facilities over a 10-year period. Results showed that it is expected that a total of $185 M would be saved in energy costs, and 2.3 million metric tons of carbon dioxide emissions would be avoided annually, and about 972 jobs could be created in the studied region if all the combustion recommendations would be implemented. The broader view afforded by the proposed study can be used to support better energy-efficient practices in manufacturing facilities, communities, and states.