Driving global energy savings
When a pharmaceutical technology company wanted to cut energy costs across its facilities worldwide, it chose Summit Energy to uncover and prioritize opportunities. Learn how our energy professionals identified $2.6 million in energy savings, most of which required little or no capital investment to realize.
Meaningful Energy Savings Require Leadership, Engagement and Commitment: Many companies talk a good game when it comes to leveraging global innovation and engagement to reduce their carbon footprint or energy usage. However, to produce significant results, companies must include facility personnel in discussions about how to drive energy reduction and back those discussions with strong corporate leadership.
The corporate leaders of a global provider of technologies and development assets for companies in the pharmaceutical, biotechnology and consumer health sectors approached Summit. They were ready to go beyond just talking about reducing energy spend – they wanted a forum and a process that could deliver meaningful results. With dozens of facilities spread over four continents, the company needed an efficient and globally relevant way to involve a number of facility-level personnel in the process. Further, company leaders wanted a method that provided sound fiscal rationale for each recommended course of action. Summit Energy’s Consumption Workshop proved to be a perfect fit.
Through the Consumption Workshop, the pharmaceutical solutions firm engaged in a proprietary exercise designed by Summit to uncover strategies for reducing energy costs and usage. Each proposed strategy was evaluated using a data-driven, economic assessment to determine its viability. In addition, the workshop served as a forum for plant personnel to engage with one another and to collaborate with corporate leaders about key projects and strategies. Employees from 16 facilities, including sites in France, Italy, Belgium, United Kingdom, Puerto Rico and the U.S., participated in the workshop.
Together, Summit and its client identified $2.6 million in energy savings during the Consumption Workshop, most of which could be realized with little or no capital investment. Overall, this savings represented about 9% of the company’s total annual energy spend, with some facilities realizing savings as high as 20%-30% of their total annual energy spend.
In addition to the direct financial success, the company gained another important and ongoing benefit – collaboration among the facility teams. The teams, which had never met before attending the workshop, started having monthly calls to keep each other informed on the status of the energy-saving projects. As a byproduct of the Consumption Workshop, the facility teams became more informed smarter and more efficient, delivering added benefit to the company.