Optimizing Energy Efficiency: An Imperative for Improved Business Performance

Abstract Energy reduction strategies have become an imperative within any industry in order to respond to the current market conditions and needs. Significant reductions in energy use are a clear imperative for the phosphate industry and its value chain. Many companies have begun to adopt energy reduction strategies, be it to lower costs through increased energy efficiency, to align with tightened government regulation or to respond to calls from the consumer to lower corporate carbon footprints. However, achieving sustainable reductions in energy consumption in a cost-effective manner can often prove challenging, as it requires a clear vision, a comprehensive assessment and a viable implementation strategy. When executed properly, however, such reductions can lead to substantial savings. This paper discusses the methodology of adopting an effective energy culture, as well as modes of reducing energy use through improved energy management.