Greenhouse Gases and Energy Efficiency
In 2015, our ASUs exceeded their energy efficiency goal, realizing an 8% reduction in energy intensity in 2015 since 2007. Our HyCO units improved energy efficiency by 5.4%, which was slightly below the goal and due to physical plant limitations and low energy pricing.
This success was realized through hundreds of projects aimed at improving energy efficiency and reducing emissions. These projects included the redesign, replacement and/or upgrade of equipment, changes to manufacturing processes, and facility improvements. Cumulative energy purchases avoided during the goal period totaled four million MWh, which corresponds to $630 million in energy cost avoided.
We have set new energy efficiency goals for our Industrial Gases business for 2020, including:
- Reduce ASU energy intensity by 2.5% by 2020 from 2015 baseline year
- Reduce HyCO energy intensity by 15% by 2020 from 2015 baseline year
Initiatives related to renewable energy
Air Products is focused on delivering productivity, energy efficiency, and making our customers more sustainable. We use our core technology and product strengths to bring cost effective solutions to our customers that help reduce their energy consumption and environmental impact. For example, application of our oxyfuel combustion technologies in the manufacture of cement, glass, aluminum and steel enables customers to improve fuel efficiencies up to 65% while reducing emissions of NOx and particulate matter. Likewise, hydrogen has many energy benefits, from removing sulfur from sour crude oil that enables refiners to meet fuel emissions standards, to increasing the amount of fuel that can be produced from a barrel of crude, to hydrogen’s use as an emission-free transportation fuel. It can also be used to produce biodiesel from renewable feedstocks. Due to these benefits and our focus on the environment, Air Products continues to look for methods to produce hydrogen from renewable and low carbon sources, such as biomass and municipal wastewater.
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