This survey was conducted by the “Energy Conservation and Efficiency Enhancement Action”
This research has received support from international industrial enterprises such as ABB, Alfa Laval, and Microsoft
The 10 key measures mentioned in the research report adopt mature and rapidly deployable technologies, which are expected to help reduce 4 billion tons of carbon emissions
The current industrial sector is facing an unprecedented challenge of how to meet the growing demand while achieving global decarbonization goals. Recently, the Energy Conservation and Efficiency Enhancement Action (EEM) released a report listing immediate measures that businesses can take. The Energy Efficiency Action is a global initiative involving over 400 companies and organizations, including ABB, aimed at sharing insights, best practices, and commitments to work together towards a more energy-efficient world.
“Before the 28th United Nations Climate Change Conference (COP28), the focus is on proving that we have mature and specific technological solutions that can be used to address the current global warming problem. Given that renewable energy can only partially alleviate global warming, there is no doubt that we need to play an important role in accelerating energy transition by promoting energy efficiency and achieving net zero emissions by 2050. The urgent task is for the private sector to take immediate action. This new report aims to show businesses how to fully leverage the potential of environmental and financial benefits, thereby helping to promote best practices faster.”
Recently, the International Energy Agency has called for an increase in the annual growth rate of energy efficiency from the current 2.2% to over 4% by 2030, and has suggested doubling annual investment in energy efficiency to create a more energy-efficient future. In addition, the International Energy Agency stated that to achieve the goal of doubling growth rates, investment in energy efficiency needs to be doubled. The current annual investment in energy efficiency is 600 billion US dollars, which is expected to increase to 1.8 trillion US dollars by 2030. The Energy Conservation and Efficiency Enhancement Action believes that this report has a promoting effect on the International Energy Agency’s important call for action.
ABB is a technology leader in the field of electrical and automation, committed to empowering a more sustainable and efficient future. ABB integrates engineering experience and software technology into a solution to optimize manufacturing, transportation, energy, and operations. With a history of over 140 years of excellence, ABB’s approximately 105000 employees worldwide are dedicated to promoting innovation and accelerating industrial transformation. ABB has comprehensive business activities in China, including research and development, manufacturing, sales, and engineering services. It has 27 local enterprises and 15000 employees in nearly 130 cities, with online and offline channels covering approximately 700 cities nationwide.

 
The Energy Conservation and Efficiency Enhancement Action is a global initiative aimed at bringing together numerous like-minded stakeholders to build a more efficient and energy-efficient world through innovative actions. By innovating, sharing knowledge and insights, adopting existing energy-saving technologies, investing wisely, and implementing correct regulations and incentives, we can further optimize energy efficiency and accelerate the pace towards a shared decarbonization future. This action was initiated by ABB in 2021 and received a positive response from the industry. As of 2023, more than 400 companies have joined the action.