Economic, Exergy, and Environmental Analyses of the Energy Assessments for U.S. Industries

Abstract

Abstract This paper highlights the expected versus actual outcomes of 152 energy assessments that were performed between 2011 and 2020. The 1317 energy-assessment recommendations (ARs) are grouped into eight categories. This study adopted four measures per each category of recommendations: annual electricity savings, annual gas savings, annual cost savings, and annual CO2 emission reduction. The first part of the analysis compares the expected to the actually implemented values of the measures applied to each recommendation’s category. It was found that the percentages of the actual to the expected electricity, gas, and cost savings are 26.6%, 11.4%, and 17.1%, respectively, while the percentage of the actual to the expected CO2 reduction is 22%. Moreover, the second part of the analysis presents each category's implementation rate and the reasons for rejecting the unimplemented ARs. Cash flow and expensive initial investment resulted in rejecting 25% of ARs. Furthermore, the study proposes techniques and strategies to increase ARs’ implementation rate and improve private energy services companies’ implementation rate. Finally, exergy analysis is added to show the improvement that energy assessment achieves regarding exergy and exergy efficiencies of different industrial applications.