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|dc.creator||Swanson, G. A.|
|dc.description.abstract||Energy conservation projects can save companies significant money over time and often pay for themselves very quickly. This is especially true with the dramatic increase in energy costs over the past few years. Yet convincing corporate decision makers of their value is challenging, since most plants with limited capital tend to direct resources toward projects that increase production rather than toward those that save energy. The irony is that production projects may not realize savings if markets change, while conservation improvements usually change a plant's infrastructure in ways that ensure continued savings. Establishing a business unit or department focused on energy cost reduction and investing its profits in an Energy Conservation Fund (ECF) is part of a total energy approach that helps corporations identify projects, dedicate funds and implement changes. It makes conservation improvement projects more attractive on the front end, so companies can enjoy the long-term benefits.||en|
|dc.publisher||Energy Systems Laboratory (http://esl.tamu.edu)|
|dc.publisher||Texas A&M University (http://www.tamu.edu)|
|dc.title||Energy Conservation Fund: Helping Corporations Develop Energy Conservation Strategies and Reduce Utility Costs||en|
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IETC - Industrial Energy Technology Conference
Industrial Energy Technology Conference