oa CSIR Science Scope - Industrial energy efficiency interventions reap monetary and environmental rewards : energy
|Article Title||Industrial energy efficiency interventions reap monetary and environmental rewards : energy|
|© Publisher:||Council for Scientific and Industrial Research (CSIR)|
|Journal||CSIR Science Scope|
|Publication Date||Jan 2015|
|Pages||30 - 31|
The National Development Plan, when focusing on environmental matters, calls for South Africa to foster economic development with the least impact on the environment; move to a low carbon economy with less dependence on fossil fuels; introduce mixed sources of energy; and make communities more resilient to the impacts of climate change and less socio-economically vulnerable. In response to this, the Industrial Energy Efficiency Project has, between mid-2010 and July 2015, helped participating companies save 1 340 GWh of energy and R1.1 billion in energy costs. It has created or preserved an estimated 5 704 jobs within local communities with investment payback periods of generally less than two years.
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