Energy means production. Production leads to development. Along with energy saving, it is necessary to emphasize efficient energy use, make new investments to meet consumption, find new engineering solutions and present them to the society.
One of the necessary and important issues for industry is energy. Energy has a significant share in the unit costs of the manufactured product. Depending on the product type, it ranges between 35% and 45% of the total cost. The aim is to reduce costs and increase profits.
By reducing energy consumption, it means reducing energy density and increasing profits by selling cheap goods. Therefore, cost competitiveness depends on the following factors:
- Energy Unit Price
- Optimal Energy Sources
- Efficient Use of Energy
The electricity and heat energy are the lifeblood of the industry. The energy source that optimally provides the issues mentioned above is waste heat recovery systems within the existing system. It is noteworthy that improvements often depend not on major changes in plant structure but on some additional investments, which require relatively low investment.