The Digital Energy Efficiency Report aims at assessing the current state of the Italian market in the field of energy efficiency in the industrial sector and, this year, it has been drafted also in the light of the recent health crisis that has hit the country and the whole world.
THE THEMES OF THE DIGITAL ENERGY EFFICIENCY REPORT 2020
Specifically, during the 2020 Digital Energy Efficiency Report, these issues were explored:
- Energy efficiency investment trends in the industrial sector with a focus on digital technologies
- The evolution of the relevant regulations and incentive schemes
- A comprehensive view of energy efficiency service providers and Energy Management Experts
- The Impact of UVAM Pilot Projects on Industry
- Energy efficiency in the transport sector, particularly in public transport
- The impact of Covid-19 on industry and future prospects.
THE DIGITAL ENERGY EFFICIENCY REPORT 2020 AND COVID19
The industry-wide energy efficiency sector has taken a hit from the pandemic: according to estimates, it may have to wait until 2023 to see an investment level above the €2.5 billion achieved in 2019, which nevertheless represented just +1.9% compared to the previous year, when growth was 4.1%.
The 2020 Digital Energy Efficiency Report also includes a survey involving more than 150 companies and operators in the sector, developed by the Energy&Strategy Group of the School of Management of the Politecnico di Milano, which analyzed investments related to both the hardware and software sides of energy efficiency.
INDUSTRIAL ENERGY EFFICIENCY IN ITALY
This is about 2.6 billion euros of investment in industrial energy efficiency in 2019, just +1.9% compared to 2018, and more than 90% of this is related to hardware technologies, while only 7.5% concerns software for controlling and monitoring the performance of production cycles. However, it is in this minority band that the greatest growth is concentrated: +34% over 2018, equivalent to €200 million. This makes us understand how data management and energy diagnosis are increasingly important.
Compared to 2018, there is significant growth in interventions on the production process (+18%), a consolidated trend over the last three years that makes them rise to first place, and compressed air systems, which record a turnover of 170 million euros (16%); followed by HVAC and refrigeration systems (+6%); stable, however, investments in relamping (lighting) and inverters, and down (-5%) those in electric motors, cogeneration (-13% on 2018, itself down 24%) and combustion systems (-19%).
Thus, it is clear that technologies with a higher degree of maturity are being installed for replacement and are showing a decline in investment, while those with a lower degree of maturity are showing growth or stability.
THE RECOVERY WILL BE THERE AND WE WILL CREATE IT!
Two forecast scenarios have been studied for the near future: a trend scenario, which imagines a strong growth in investments (rebound effect) and another full recovery scenario, with a sustained increase in investments also in the following years and able to make up for the decline in 2020.
In both scenarios, we note that business development plans will, and should, be closely tied to investments in energy efficiency.
Among these investments, cogeneration plays a central role being a mature and reliable technology able to guarantee an energy and, therefore, an important economic saving. IBT, thanks to its long and consolidated experience in the energy sector, is able to evaluate, through a detailed energy analysis, the efficiency opportunities where a cogeneration or trigeneration plant allows fast investment returns. The same can be said with a simple absorption heat recovery.
This guarantees the client an economic saving that can be invested in the company’s core business.