Getting Pumped Full Of Cost-Saving Knowledge
Wed, 12/03/2008 - 6:37am
Pump Systems Matter™ and the U.S. Department of Energy’s (DOE) Industrial Technologies Program will host two free audio Web briefings on how “Pump Systems Performance Impacts Multiple Bottom Lines.” With volatile economic conditions, finding ways to save money and improve operations is more important than ever. According to the organizers, participants will learn how energy savings and additional financial benefits can be realized through pump systems optimization. According to studies by the DOE: • Nearly 25 percent of industrial electricity demand comes from industrial motor systems. • More than 50 percent of pump lifecycle costs result from energy and maintenance expenses. • Less than 15 percent of pump lifecycle costs are initial purchase costs. • Energy savings of 20 percent or more are possible with systems optimization. • Improved pump systems performance can lower maintenance costs and improve system reliability for better asset management, thereby improving your company’s bottom line while simultaneously cleaning up the environment. The organizations say that the presenter, Mike Pemberton of ITT Industrial Process, has helped many industrial facilities save significant energy and other operating costs. The 40-minute briefings will be held on Friday, December 12, 2008, and Monday, January 19, 2009. Both briefings will take place at 11 a.m. EST. Please register at www.pumpsystemsmatter.org, however, as registration is required for participation. Pump Systems Matter is an educational initiative created to assist North American pump users gain a more competitive business advantage through strategic broad-based energy management and pump system performance optimization. Along the same lines, the U.S. DOE’s Industrial Technologies Program develops and delivers energy efficiency, renewable energy and pollution prevention technologies for industrial applications.