As per an article published in ke-next.de, many factors influence how companies deal with electricity and energy efficiency. The energy turnaround has led to changes in the electricity mix and consumer behavior. A steadily growing share of energy from renewable sources is being fed into the power grids.
Their volatility puts a strain on the grid and poor power quality can damage electronic components or lead to grid failures. In the manufacturing industry, energy costs can account for up to 10 % of total production costs whereas, in energy-intensive industries, it is evened up to 40%.
In addition, rising electricity prices are prompting companies to use the energy they purchase efficiently. High electricity costs can be significantly reduced by targeting the capping of load peaks.