Major Steel Manufacturer Reduces Energy Costs 3% and Achieves Full ROI in Six Months
A south asian steel manufacturer deployed IoT & Sensors for Energy Management in Metals & Mining. As reported by rockwellautomation.com: 3% annual energy cost reduction.
Source-reported figures — cited source: rockwellautomation.com
What the south asian steel manufacturer was trying to fix
A major steel producer in South Asia with large-scale production capacity faced energy costs impacting financial profitability. Facility management needed to reduce energy costs and consumption, reduce gas flaring, and achieve a quick ROI from the investment.
What the south asian steel manufacturer deployed
Rockwell Automation deployed an Energy Intelligence System using the FactoryTalk software suite to automatically collect, analyze, and report on data with actionable information, enabling operators to make real-time process changes and manage access to automation assets.
Results
Energy costs were reduced by 3% annually and electricity consumption by 3%. The bottom line was boosted by 1.35%, overall fuel consumption was reduced, and full ROI was achieved in six months.
Key Takeaways
• Automated real-time energy intelligence systems deliver faster ROI than periodic manual energy audits • Contextualizing energy data with production data reveals efficiency opportunities invisible in raw consumption figures • 6-month ROI is achievable for energy management systems in large-scale, energy-intensive steel operations
Evidence for the south asian steel manufacturer's Energy Management deployment
- Reported outcome metrics
- 3 cited below
- Cited source
- rockwellautomation.com
- Last updated
Limitation: The cited source does not identify the company.
Explore Related
Vendor
Details
- Industry
- Metals & Mining
- Use Case
- Energy Management
- AI Technology
- IoT & Sensors
- Company Size
- Enterprise
- Company
- South Asian Steel Manufacturer
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