The Emissions Reduction Fund is a valuable scheme that aims at providing incentives for businesses to implement new technologies to reduce their emissions. It is passed through the Carbon Credits (Carbon Farming Initiative) Act 2011, the Carbon Credits (Carbon Farming Initiative) Regulations 2011 and the Carbon Credits (Carbon Farming Initiative) Rule 2015.
A large number of pumping applications are eligible under the scheme and businesses can earn Australian carbon credit units (ACCUs) for emissions reductions. One ACCU is made for every tonne of carbon dioxide equivalent (tCO2-e) both avoided or stored by a project. The scheme can improve pumping systems by significantly making the unit more energy efficient within both industrial and commercial operations. Pumps are a major energy consumer in a wide range of businesses and industries, from minerals processing to food manufacturing and agriculture.
All pumping systems can explore an excellent opportunity for efficiency improvements and diminish the impact on the environment. The impression is that pump system design is often challenging to optimise before the installation. Design efforts are occasionally used to minimise cost and the likelihood of system failure. This can result in maintenance and energy costs that may not have been fully considered in the long run. Research has confirmed that maintenance and energy costs can account for over 50-95% of pump ownership costs, with the initial price no more than 15% of the pumps lifecycle cost.
Industrial pumping systems that have been operating for a long period may experience changes to its pump requirements over time, as the system moves further from its initial design settings. When picking a new pump, attention should be given to the pumps life cycle cost (LCC), which includes the product price, maintenance and energy costs. A reliable and quality built pump that is efficient will have a lower LCC.
By improving the efficiency of the pumping system, the benefits for long term use are:
- A reduction in energy costs
- Less maintenance requirements
- A better match for the pump system capacity to the production requirements
For many businesses, the ecological impacts of their operations are becoming more important than ever. By improving the efficiency of pumping systems is a logical solution to decrease greenhouse gas emissions and to preserve natural resources. Even with a single pump, the difference improving the efficiency can save a significant amount of energy and reduction of emissions.
At the forefront, Grundfos is leading the way with efficient pumping systems that have proven immediate results in the reduction of energy consumption and greenhouse gas emissions. The Grundfos range of Blueflux pumps use advanced motor and variable frequency drives that deliver positive results in ensuring a more sustainable future and an energy saving end product. With the sophisticated power of the Grundfos Blueflux motor, you’ll expect a high rate of efficiency than other solutions and a greater reduction on life cycle costs. The technology developed for the Grundfos Blueflux® motor answers all the requirements for any application in all industries giving the user confidence in a reliable and efficient pumping system.
To enquire about our range of Grundfos products and for professional advice on efficient pumping system solutions, contact Dynapumps today on 1300 788 579 or email email@example.com. For more information on how to participate in the Emissions Reduction Fund, visit the website: https://www.environment.gov.au/climate-change/emissions-reduction-fund