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Beyond EU 2020 target for energy efficiency: a novel business model to reduce energy consumption in compressed air systems

Panel: 2. Sustainable production towards a circular economy

This is a peer-reviewed paper.

Authors:
Elvira Rakova, Direktin, Italy
Martinelli Matteo, Italia
Luca Pagni, Italia

Abstract

In a world ever more pressed by natural and societal challenges, increased industrial energy efficiency offers a unique opportunity to reconcile economic competitiveness with sustainable development. The World Economic Forum (WEF) lists a set of barriers to implement energy efficiency measures, including lack of expertise and information, low priority of energy efficiency projects, and access to capital[1]. In this context, online platforms and marketplaces of B2C and C2C services opens new horizons for the development of new business models that promote increased industrial energy efficiency.

This paper presents a novel business model named “assisted market place and extended service” for the field of compressed air systems. The novel business model is supported by the development of an online platform that establishes the direct connection between suppliers and machine builders, further allowing for the determination of the most cost-effective drive solutions in the field of compressed air systems (CAS). This novel business model aspired to solve some of the main barriers for the implementation of energy saving measures in industrial automation.

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