ENERGY CONSERVATION STUDIES.

With the scare availability of natural resources such Petroleum and Natural Gas in the world, it may become more and more difficult to source the energy at competitive prices. This problem becomes more acute to any country, where the domestic supply of the vital energy inputs necessary for growth is restricted. India has been facing this dilemma over the past decades and hence, conservation and optimum utilization of resources has been the top national priority. Indian petroleum industry in particular has taken the lead to carry out well planned and structured studies to identify the potential areas of energy conservation. Based on such studies, the industry has already implemented various schemes. The process of energy conservations is continuing. This can not only made the industry more competitive but can also fulfill the national cause. The above bears testimony to the fact that our member companies have the requisite hands on experience to undertake the energy conservation programmes.  PII and its associates is willing to share our experiences to reduce the operating costs through the Energy Conservation initiatives.
PII can offer comprehensive studies for Energy Conservation in a phased manner. The studies are suggested to be carried out in two main steps viz:

STEP NO.I:

Carrying out a “Walk through Energy Audit” in the plants. The purpose of this  would be to carry out preliminary study to identify the potential areas of energy conservation keeping in view what has been achieved by your company in the past and the future thrust that may be required to further improve the operations. PII will be sharing our experiences with you in a meaningful way.   Such a study can provide some basic inputs and information initially to define the scope and  to conduct detailed and comprehensive studies subsequently.

STEP NO.II :

Based on the outcome of the Walk through Energy Audit, a detailed feasibility study can be performed on the defined scope. Such studies will bring out, alternatives considered, investments required, cost benefit analysis of the schemes, and the actions plans with recommendations.  

It may be pertinent to mention that, Global warming is an area of concern across the world. This has compelled the world to seriously think to take appropriate steps to protect our environment. One of the focal areas is Carbon reduction especially in the industries.  In this regard, CDM (Carbon Development Mechanism) trading is being encouraged and plays an important part in controlling the environment besides giving additional revenues to the companies. Implementation of Energy Conservation measures will offer additional benefits to the company.