ABB to join UN network to promote sustainable energy
ABB announced at the UN Climate Summit in New York that it is joining the UN’s Sustainable Energy for All initiative (SE4ALL). The company will provide expertise on energy efficient motors and transformers to help governments devise policies that accelerate energy savings. Ulrich Spiesshofer, CEO, ABB, said, “The biggest contribution that governments and businesses can make to fighting climate change in the short term is to drive the implementation of existing, tested and often low-cost technologies for using energy more efficiently.”
Electric motors account for about 28 per cent of global electricity consumption. Many motors are bigger than they need to be and most are running at full speed, even when they don’t have to. Also, transformers account for about 3 per cent of global electricity consumption and their number in emerging markets is set to almost triple by 2030. Since the most efficient transformers consume 80 per cent less electricity than the least efficient, the opportunities for savings are vast. UN expects that the global transition to efficient appliances and equipment would reduce global electricity consumption by about 1,500 TWh by 2030.