Energy Management
Energy Management
The ultimate goal of Energy Management is to control and reduce our organization's energy consumption. This is important because it enables us to reduce costs which is becoming increasingly important in view of increase in energy costs. We at IVL have a very strong focus of energy efficiency improvement, energy reduction which directly reduces our energy costs thus making us more competitive in the market and indirectly it helps in reducing GHG emissions for the products thereby going towards low-carbon economy.
There are multiple benefits from implementing Energy Management system. We can improve the energy efficiency of the machineries / equipment’s their by optimizing their consumption. This would indirectly reduce our utility bills and reduce carbon footprint for our products. IVL has undertaken several concurrent energy savings initiatives for transforming concept of Energy Management into practice through many of energy efficiency projects, which have been established and implemented in similar sites. We have implemented multiple energy efficiency projects saving over last few years therefore reducing GHG emission over 63,214 tCO2e. In 2020, we are further exploring options for reduction of energy intensity by conducting third party external audit in our plants for identifying hot spots for further energy reduction. External energy audit reports are being shared to business heads for their reviews and implementation in respective segments.
Total Energy Consumption
Note: Intensities are calculated based on overall production including inter-company sales.
2020 energy has increased as IVL acquired cracker plants, which resulted in higher energy consumption.
Target:
Progress:
Air Emissions
NOx
SOx
VOCs
Note: Intensities are calculated based on overall production including inter-company sales.