A new report by Apparel Impact Institute and Development Finance International Inc. says India needs $6.5 billion in financing to reduce its textile and apparel industry’s emissions by 45% by 2030 through renewable energy and energy efficiency interventions. While around $2.5 billion is available, there is still a $4 billion financing gap in India.

Ahead of COP28, a new report gives industries a roadmap to save 11% of global emissions by 2030 while saving $437 billion along the way. The report, named “The Case for Industrial Energy Efficiency” published by the Energy Efficiency Movement (EEM), outlines ten key actions that does not require new technologies or policy decisions, but promise to save emissions.

The novel 3D transistors have been designed using ultrathin semiconductor materials.

The paper-based wearable device could offer ongoing, high-efficiency power generation for applications such as sensors, drug delivery, or electrical stimulation.

Vietnam

Rice University researchers have made a groundbreaking advance with their electrochemical reactor, poised to significantly reduce energy consumption in direct air capture—the critical process of extracting carbon dioxide from our atmosphere.

Current energy consumption trends in commercial buildings highlight the urgent need for improved energy efficiency. Inefficient HVAC systems not only drive up operational costs but also contribute significantly to environmental degradation through higher CO2 emissions. Through developing a service and maintenance strategy, using digital insights to review the existing equipment and systems, giving a baseline on the energy consumption and what system improvements could be made, businesses and building owners can expect to see improvements in energy efficiency, enhance indoor air quality, and reduce both costs and carbon footprints.

ABB has opened a new €20 million injection molding manufacturing site at Evergem, near Ghent in Belgium, to meet the growing demand for safe, smart and sustainable electrification solutions in Europe.

Illinois implemented a custom energy code for buildings based on the 2021 International Energy Conservation Code this year. The state joins 13 others that have adopted minimum energy codes based on the 2021 IECC or its equivalent, as well as the U.S. Dept. of Energy which has put in place similar requirements for newly built and retrofitted buildings owned by the federal government.

Advocates say the tool required under the new law should make energy saving programs by Dominion Energy and Appalachian Power more transparent and effective.

Through a strategic research partnership focused on CERN’s cooling and ventilation systems, energy efficiency audits have helped to identify a savings potential of 17.4% across a total of 800 motors

Representatives from Dominion Energy South Carolina, Berkeley Electric Cooperative and Santee Cooper are providing their customers ways to save on their energy bills as October is Energy Awareness Month.

The Ministry of Trade, Industry and Energy of Korea has fully launched an energy efficiency rating system for electric vehicles, categorizing 278 models into five levels.

The paper industry has become a part of the modern economies as it supplies everything from office supplies to packaging materials. And also, this industry is one of the most energy-consuming industries globally.

Saving energy directly increases profitability. However, it is sometimes overlooked in cost control. By benchmarking yourself, you can find your energy saving potential, which could add up to 30% of your total energy consumption in the plastics industry. A more detailed view at the machine-level of energy use could unlock a whole array of benefits.

The Vietnamese government’s new decree, announced at the end of October, encourages the development of self-consumption rooftop solar power systems. However, many investors feel that the regulatory details are unclear, making the application process much more difficult.

The government also identified two tiers of support under the grant.

Making motors more efficient is a more immediate solution that reduces energy consumption and cuts costs at the same time. The IEA has said that energy efficiency would provide a third of all emissions reductions in their Net Zero Emissions by 2050 scenario.

In the plastics industry, the dual goals of economic efficiency and energy conservation are critical for achieving a sustainable and cost-effective future. As the demand for streamlined and environmentally friendly production increases, plastics manufacturers are challenged to innovate while maintaining responsible production practices.

Report concludes using reverse-cycle air conditioning instead of gas ducted heating could save households between $999 to $2,215 a year.