21 February 2018 - Blog
Turkey has become one of the fastest growing economies in the world with a real GDP growth rate expected to reach around 7 percent in 2017.
With increased growth comes increased energy consumption. According to government figures, Turkey has the highest growth rate of energy demand among all OECD countries. For these reasons, the Government of Turkey plans to invest $11bn to reduce primary energy consumption by 14% as part of its National Energy Efficiency Action Plan (NEEAP). “This is a major step towards making a rapidly expanding economy also much more energy efficient. The plan builds on the realization that a sustainable, efficient and prudent generation and consumption of energy is crucial for both economic growth and a sound environment. The action plan addresses the need to balance both aspects with detailed measures and where possible and feasible the EBRD stands ready to support this crucial effort,” said EBRD Managing Director for Turkey Arvid Tuerkner.
21 February 2018 - Blog
Singapore’s National Water Agency, PUB, said water demand is expected to double by 2060, with the non-domestic sector expected to make up 70 percent of demand then.
While more energy-intensive sources such as NEWater and desalinated water will meet up to 85 percent of Singapore’s water needs by 2020. The agency has launched three Requests for Proposals (RFPs): enhancing energy efficiency of water and used water treatment processes; the second one is about enhancing water efficiency in industries through water recycling or reducing water consumption; the third one seeks smart technologies (such as robotics, drones, automation, data analytics and informatics) to minimise manpower requirements.
20 February 2018 - Blog
The global energy management system (EMS) market is currently procuring valuation of US$ 6,340 Mn and is estimated to hold valuation of almost US$ 21,627 Mn by the end of 2025.
According to a recent report, the market is anticipated to witness expansion at CAGR of 14.8% throughout the period 2017-2025. The rising demand for energy management solutions to decrease consumption of energy, combined with the increasing penetration to adopt maintainable energy solutions in commercial as well as industrial sectors is key driving factor that is influencing the growth of the market throughout the assessment period. Increasing concerns regarding environment sustainability, augmented energy costs and latest regulatory guidelines associated with energy management are several other major factors that are fuelling growth of the market across the world.
16 February 2018 - Blog
According to the Guardian, 45 billion litres of water every day is lost in global water systems and in the England and Wales alone one fifth of water is lost before it reaches the end user.
Wasteful practices poses a very real threat to a world which currently 748 million people in the world do not have access to safe water. In the water sector, losses of water can be as high as 40% (as in Goa, India). Much of this water is lost through pipe leakage, wasteful practices and out of date technology. World Bank estimates are that developing countries will need $60 billion to be spent on the water sector over the next ten years. There is the need for collaboration between government, business and NGOs to empower all actors to carry out effective water stewardship worldwide. Technology and infrastructure needs to be updated, but that also efficient water stewardship needs to be prioritised within businesses which requires a shift in perception about the importance of water.
16 February 2018 - Blog
The global heating equipment market is forecast to grow. According to a report by MarketStudyReport.com, it will reach the value of $280bn by 2024.
Rising concerns toward greenhouse gas emissions coupled with strong demand for efficient and cost effective systems will drive the growth of the District Heating market. Introduction of emissions reduction target by countries including China, UK, Denmark, Germany, and Russia under their climate action plans will complement the business outlook. Growing industrialization and urbanization with introduction of building standards code towards energy efficiency will further foster the district heating market.
Isoil Industria provides solutions for measuring and accounting thermal energy, as well as integrated or remote systems for the calculation of calories and frigories with any type of flowmeter, suitable for the measurement of water, water with glycol, steam, thermal oil, gas, and air. Find out more!
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