Big data can take your energy efficiency initiatives to the next level

Every single manufactured part has embedded energy within it. The ability to accurately track the amount of energy being used to produce these products, and optimising the production process by maximising the output against the input of energy, creates significantly greater energy efficiency across the entire value chain.

In today’s margin-driven world, Rob Wheatley explores what makes for a successful energy efficiency initiative and introduces you to E.ON’s unique Optimum Manufacturing AI system, powered by Sight Machine.

Do UK manufacturers understand the value of energy?

E.ON’s latest report – The value of energy – uncovers UK manufacturers’ attitudes to energy usage, the challenges they face and their plans for the future.E.ON’s latest insight report – The value of energy – uncovers UK manufacturers’ attitudes to energy usage, the challenges they face and their plans for the future.

It also explains the benefits of creating your own energy, and offers valuable advice on how to reduce your energy consumption in an effective, sustainable manner.

It’s survey of senior industry leaders found that more than three-quarters of UK manufacturers (78%) say that cost is the main driver behind their company’s energy policy, and over two-thirds (68%) believe energy prices are a bigger issue now than they were in the past.

Given that over half of manufacturers (54%) warn that these high prices are directly affecting their business’ competitiveness, it’s worrying that more than one-in-five (13%) have ‘no idea at all’ about how their company buys its energy, and only slightly more (16%) have just ‘a limited knowledge’.

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This content is re-published with the permission of Manufacturing Management