At the recently concluded COP28, climate finance took the centre stage with a commitment to mobilise over $57 billion and setting the pace for a new era in climate action. The amount of cash needed for the energy transition, climate adaptation and disaster relief are overwhelming and estimated that emerging markets and developing countries will need $2.4 trillion a year in investment to cap emissions and adapt to the challenges posed by climate change.
While the need for finance has been talked much as much needed resource to accelerate the pace of decarbonisation, many of the low hanging fruits still need to be explored and implemented. Ensuring energy efficiency of electric motors through proper rewinding is one such example that promises impactful results without the need for developing any new cutting-edge technology. Instead, it requires a shift in focus towards skill development and service enhancement to make the process more efficient. It is a simple yet effective solution that holds the potential to yield substantial reductions in energy consumption and, consequently, carbon emissions.
Electric motors and motor driven systems account for approximately 70% of the electricity consumed by industries and industry accounts for approximately 42% of total electricity consumption in India. Hence, efficiency of electric motors should not be overlooked.
In FY22, India produced around 4.37 million units of industrial LT motors, with a total installed base of 39 million units. However, the average lifespan of these motors varies from 13 to 22 years, depending on the end-user industry. Approximately 12 million LT induction motors were rewound in FY22, constituting 30% of the installed base.
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Innovate & integrate
The recently concluded roundtable on ‘Manufacturing Reimagined: A digital Leap with ServiceNow' focused on the role of digital transformation in manufacturing and supply chain management, emphasising the integration of digital technologies to enhance operational efficiency, sustainability, and business growth.
India's path to global semiconductor dominance
In conversation with Ashok Chandak, President IESA and Dr V Veerappan, Chairperson, IESA
Hydrogen: A catalyst for decarbonisation
Hydrogen is gaining momentum as a versatile solution with the potential to decarbonise various sectors. Exploring the current state of hydrogen, challenges and prospects that lie ahead.
Al's silent cyber attack
Take a sneak peek into the escalating threat of AI-driven cyber-attacks, along with the intricate challenges and imperative strategies in safeguarding against digital invasions.
Revolutionising energy efficiency
Effective electric motor rewinding practices are vital for enhancing energy efficiency and mitigating carbon emissions.
BEYOND TRACKS
From high-speed trains, metros, monorails, to turnkey systems, services, infrastructure, signalling and digital mobility, Olivier Loison, Managing Director of Alstom India delves into the company's century-old legacy and its stride towards the future.
Enhancing asset management with forefront RFID technology
Track, manage and monitor inventory of high-value assets using Zebra Integrated RFID technology to optimize workflow.
The role of robotics, automation & network integration
There is a symbiotic relationship between robotics, automation, and network technology. With the Internet of Things projected to exceed 25 billion devices, the integration of cutting-edge robots into interconnected systems is rapidly becoming a reality.
Pune Machine Tool Expo and FACTEQ 2024 to propel manufacturing progress in India
The four-day event featured around 230 exhibitors
UltraTech Cement's ₹800 crore investment
UltraTech's board greenlights capacity expansion at the Parli facility by 1.2 million tonnes