At the UN Climate Summit in New York, ABB announced that it is joining UN’s Sustainable Energy for All initiative (SE4ALL).
The company will offer energy- efficient expertise on motors and transformers to support governments chalk out policies which will inspire energy savings.
The biggest contribution that governments and businesses can make to fight climate change is to drive the implementation of existing low-cost technologies for using energy more efficiently, said, Ulrich Spiesshofer, CEO, ABB.
Electric motors account for about 28 percent of global electricity consumption. Energy savings are achieved when high-efficiency motors are used in series with devices that work at variable-speed drives. For energy preservation, investing in a high-efficiency motor than a standard motor is advisable.
Besides, transformers account for 3 percent of global electricity consumption, which is expected to triple by 2030. The highly efficient transformers consume 80 percent less electricity than the least efficient ones.
In the initial phase, ABB will share the energy efficiency expertise regarding motors and transformers along with current policies, regulations and standards, and applications advices as well as experiences.
In 2013, the installed base of ABB drives saved more than 310 TWh of electricity, corresponding to the annual consumption of about 32 million US households.
According to UN, global transition to efficient appliances and equipment will reduce global electricity consumption by 1,500 TWh by 2030.
ABB is one of the largest makers of transformers, electric motors and variable-speed drives in the world.