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Home > News > Economic Benefits of Energy Efficient Use of Raw Materials

February 14th, 2007

Economic Benefits of Energy Efficient Use of Raw Materials

Abstract:
If German industry were to exploit all the available efficiency potentials, it could save 120 billion Euro each year - 20 per cent of the costs of the raw materials - and much more than all the previous cuts in non-wage labour costs. Germany has recognized this and is now increasingly focusing on recycling, lightweight construction, nanotechnology, miniaturisation and new production processes. 56 per cent of the copper consumed in Germany is already produced from copper scrap; globally, this figure is only 13 per cent. ISI project leader, Gerhard Angerer: "Despite this success, raw material research should be extended and placed on the same level as energy research". The results would not only improve the sustainability of resource use, but open up effective rationalization potentials to industry at the same time, which would strengthen its global competitive position on the turbulent global raw material markets.

Source:
azom.com

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