Energy demand in 2040 is expected to double from 2010 levels
Energy demand in 2040 is expected to double from 2010 levels states ExxonMobil’s Energy Outlook Report 2040
ExxonMobil shares its perspective on: ‘Need of Energy Efficiency in Industrial Lubrication’
April 30, 2015, Mumbai, India – ExxonMobil Lubricants Private Limited, a subsidiary of Exxon Mobil Corporation, shared its perspective on the need of energy efficiency in industrial lubrication.
For every company in the global industrial sector, Energy efficiency is becoming an important business imperative in today’s competitive environment. From an operations and cost efficiency perspective, reducing energy consumption can have a positive impact on a company’s bottom line. According to ExxonMobil’s Energy Outlook Report 2040, energy demand in 2040 is expected to double from 2010 levels and the rate of increase is anticipated to be even higher in countries like India that have a rapidly expanding industrial business landscape. The industrial sector is a major consumer of energy, accounting for about half of all the electricity consumed around the world — and for about 30 percent of primary energy use.
One opportunity for energy conservation that is often overlooked in industrial facilities is the technology behind the lubricant used. Using energy efficient lubricants will enable manufacturing facilities to operate at maximum efficiency at optimal cost. Typically companies that upgrade their lubricants and reliability practices have been able to document a significant reduction in power requirements along with achieving productivity improvement and reduction in carbon emissions across various applications in the industrial sector.
Mobil Industrial Lubricants, consider enhancing energy efficiency a core component of its comprehensive sustainability strategy, which is referred to as ‘Advancing Productivity’. In the industrial sector, many plants are securing energy efficiency gains through advanced equipment engineering and by improving operational performance of equipment.
Deployment of energy efficient technologies reduces the negative impact of energy consumption on the environment and society, while at the same time reducing energy costs, thus contributing towards sustainable development. Also, minimizing energy consumption can help companies demonstrate to their partners and customers that they are committed to sustainable practices.
Mr Glen Sharkowicz, Asia Pacific Industrial Lubricants Marketing Manager, ExxonMobil Fuels & Lubricants added, “ExxonMobil’s leadership in innovation is accentuated by commitment to sustainability which demands an efficient use of resources – human, environmental and operational while energy efficiency remains one of the most visible and discussed sustainable business practices. Mobil’s range of industrial lubricants not only deliver exceptional, long-lasting performance and protection, but also feature valuable energy efficiency benefits. With our comprehensive strategy, referred to as Advancing Productivity, we leverage our technology leadership and application expertise to help companies enhance their operational safety, achieve their environmental care-related goals, and maximize productivity thus delivering energy efficiency benefits to our customers”.
ExxonMobil offers a broad line of advanced lubricating oils and greases that can help increase equipment operating efficiency and engine fuel economy, and help contribute to reduced energy and resource use, lower emissions and cost savings for industrial equipment, machinery, passenger and commercial vehicle engines. Mobil Industrial Lubricants is geared to meet and exceed industry requirements through a suite of step-up technology lubricants designed to potentially deliver energy efficiency benefits. Mobil Industrial Lubricants’ range of energy efficient lubricants currently includes the next-generation Mobil SHC 600 series, Mobil SHC Gear series, Mobil SHC Pegasus, Mobil SHC Cibus series, Mobil SHC 500 series and Mobil DTE 10 Excel series. In extensive testing, these technology-leading lubricants delivered significant energy savings compared to conventional oils. Since even small energy savings can translate into significant monetary and resource savings, the energy efficiency benefits offered by Mobil-branded industrial lubricants lead to achieving important gains in industrial energy efficiency. The ExxonMobil proprietary Energy Efficiency logo is a visible statement that users can easily recognize and be confident that they are purchasing and using Mobil Industrial Lubricants’ potentially energy-saving technology.
According to Mr. Shankar Karnik,Mobil SHC Brand Manager & Energy Advisor, ExxonMobil Lubricants Pvt Ltd., “There is a need for companies across industries to perceive energy efficiency through a strategic lens and align it to their core business objectives. In almost every sector, we’re now seeing companies achieve success by creating or deploying new technologies that use energy more efficiently and using synthetic and energy-efficient lubricants can help achieve those results.”
For Mobil Industrial Lubricants, innovation, technological leadership and application expertise lie at the core of our product portfolio of advanced lubricants solutions for companies across all sectors. And as technology innovation continues to evolve, Mobil will continue to take application expertise to new heights and help its partners advance the productivity of their equipment.
More information on ExxonMobil’s Energy Outlook Report 2040 can be accessed at http://corporate.exxonmobil.com/en/energy/energy-outlook