Adding up business and energy

Can a profit-boosting approach save energy too?

Could a business practice usually reserved for boosting profits be used to help turn companies green by reducing their energy use? Writing in the International Journal of Six Sigma and Competitive Advantage (IJSSCA), researchers in India provide an answer.

According to mechanical engineer Prabhakar Kaushik of NC College of Engineering in Haryana, India, and colleagues, energy conservation should be at the forefront of company efforts. In a global economy with environmental pressures high on the agenda, organizations are under increasing pressure to control costs, maintain high levels of safety and quality, and save energy. Energy conservation, of course, offers the parallel advantages of helping to reduce costs, improving efficiency, as well as reducing the carbon footprint.

… The researchers tested their approach on the operations of a thermal power plant with the aim of conserving energy rather than simply boosting profits.

EurekAlert