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Identification of Savings Opportunities in a Steel Manufacturing Industry

Author

Listed:
  • Victor A. Alcal Abraham

    (Electrical Engineering Student, Universidad de la Costa, Barranquilla, Colombia,)

  • Elkin D. Alem n Causil

    (Department of Energy, Universidad de la Costa, Barranquilla, Colombia)

  • Vladimir Sousa Santos

    (Department of Energy, Universidad de la Costa, Barranquilla, Colombia)

  • Eliana Noriega Angarita

    (Department of Energy, Universidad de la Costa, Barranquilla, Colombia)

  • Julio R. G mez Sarduy

    (Center of Energy and Environmental Studies, Universidad de Cienfuegos, Cuba.)

Abstract

This paper aims to present a procedure that allows identifying savings opportunities in a steel manufacturing company. The procedure based on the ISO 50001, 50004, and 50006 standards comprise the use of tools such as energy baselines, the goal line, energy performance indicators, the Pareto chart, and an energy review. As a result of the implementation of the procedure, it was possible to obtain the baseline, the goal line, and energy performance indicators that allow the control of energy consumption and efficiency of the company in general and of the area with the highest electricity consumption. It was possible to identify that there is a potential savings of up to 6% throughout the company and up to 13% in the area with the highest electrical energy consumption. From an energy review carried out in the area with the highest consumption, motors operating with low load and idle for long periods were identified, as well as a lack of maintenance. Besides, the replacement of traditional technology lamps by LED technology lamps was proposed. The procedure can be generalized in steel industries with similar characteristics, which is one of the sectors that consume the most energy worldwide.

Suggested Citation

  • Victor A. Alcal Abraham & Elkin D. Alem n Causil & Vladimir Sousa Santos & Eliana Noriega Angarita & Julio R. G mez Sarduy, 2021. "Identification of Savings Opportunities in a Steel Manufacturing Industry," International Journal of Energy Economics and Policy, Econjournals, vol. 11(4), pages 43-50.
    • Handle: RePEc:eco:journ2:2021-04-6
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    References listed on IDEAS

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    More about this item

    Keywords

    Electricity; Energy; Energy Efficiency; Energy Saving; Energy Performance Indicator; Steel Industry;
    All these keywords.

    JEL classification:

    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy
    • L61 - Industrial Organization - - Industry Studies: Manufacturing - - - Metals and Metal Products; Cement; Glass; Ceramics

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