New Zealand Businesses to Save from Energy Efficiency Initiatives

NEW Zealand Minister of Energy and Resources Simon Bridges has announced three energy efficiency initiatives to improve business productivity, save money and reduce carbon emissions.

“The energy sector, specifically transport and industrial heat, are two key areas where energy efficiency initiatives have the potential to save thousands of dollars for businesses and reduce carbon emissions,” Bridges said.

“Businesses use around 70% of New Zealand’s total energy, which is worth around $8 billion each year.

“In many cases the main barrier preventing businesses and consumers from taking action is a lack of awareness and information.

“The three initiatives to be run by the Energy Efficiency and Conservation Authority (EECA) will bridge that gap through awareness campaigns, energy audits, training workshops and industry partnerships to improve heat processes and fuel efficiency.

“With good information, businesses can make smart choices. The initiatives will more than pay for themselves through direct savings. There are also a number of co-benefits like emission reductions, and increased productivity and competitiveness.”

“From an investment of $3.8 million, we expect businesses and households to be better off by up to $30 million over the lifetime of the investments.

“While modest, these initiatives will help demonstrate how efficient energy use can save money, boost productivity and reduce emissions.

“Transitioning to a more energy efficient and lower emissions economy is part of the Government’s Business Growth Agenda.”

One of the initiatives is the “Energy efficient meat and dairy plant initiative.” Which will see the EECA will work with meat and dairy plant operators - the biggest users of industrial heat - to identify efficiency opportunities such as improvements to heat recovery processes, boiler tuning and, where economic, fuel switching (e.g. from coal to wood).

The Government will spend $750,000 over two years with industry expected to match or better this funding.

The initiative is expected to deliver up to $700,000 dollars’ worth of energy savings per year, and reduce carbon emissions by 7,000 tonnes per year.

The other initiatives will be targeted at transport and vehicles.

Picture of Wellington at Dawn by Aidan [CC-BY-2.0], via Wikimedia Commons

Monday 7th April 2014


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