new ways to speed up energy saving

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UK Nordic Baltic Summit 2011 | 1 UK NORDIC BALTIC SUMMIT: 19-20 JANUARY 2011 DENMARK FINLAND UNITED KINGDOM LITHUANIA SWEDEN ESTONIA ICELAND LATVIA NORWAY

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Niels B Christiansen, President & CEO of Danfoss A/S, Denmark

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Page 1: New ways to speed up energy saving

UK Nordic Baltic Summit 2011 | 1

UK NORDIC BALTIC SUMMIT: 19-20 JANUARY 2011

DENMARK FINLAND UNITED KINGDOM

LITHUANIA SWEDEN

ESTONIA ICELAND LATVIA NORWAY

Page 2: New ways to speed up energy saving

UK Nordic Baltic Summit 2011 | 2

THEME: Green Economy/Sustainable BusinessTitle: New ways to speed up energy

savings Synopsis: Existing technologies applied in industry and buildings

can cut 10% of the global CO2 emissions. Ideas to make it happen include promoting energy labelling schemes, ESCOs and infrastructure via district energy smart grids.

Presenter: Niels B. Christiansen, President & CEO of Danfoss A/SShort Biography: Heads Danfoss A/S, a global provider of energy efficientsolutions. Holds an MSc in Engineering and an MBA from INSEAD. Has a broad experience from large global high-tech companies and serves on the boards of severalleading Danish companies.

Page 3: New ways to speed up energy saving

UK Nordic Baltic Summit 2011 | 3

Existing solutions can cut CO2 emissions by 10%...Today Potential Energy savings in % and tons CO2:

District Energy

Heat Pumps

Radiator Thermostats

Electronic Motor Control

Solar Power

Variable Speed Compressors

Control Valves

Cooling of food

Page 4: New ways to speed up energy saving

UK Nordic Baltic Summit 2011 | 4

… and save costs! -So what’s the issue?Cost savings CO2 savings

Heat Pumps

Radiator Thermostats (UK)

Page 5: New ways to speed up energy saving

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Expand use of Energy Labelling Schemes Increase awareness of total cost

of ownership Applicable for:

- Appliances: e.g. SEER rating of Air conditioning in US

- Domestic buildings: e.g. Energy Performance Certificates in UK

- Public & Commercial buildings: e.g. Energy Conservation Building Codes in India

Support by legislation:- Continuous improvement- Tax- Incentives and subsidies

Page 6: New ways to speed up energy saving

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Remove barriers to Energy Service Companies – ESCOs ESCO can become a vehicle to

drive energy savings in buildings and companies

Today, accounting rule technicalities limit the expansion of ESCOs

Change ESCO regulations to make accounting practices more ESCO-friendly

Page 7: New ways to speed up energy saving

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Infrastructure district energy: The heating/cooling ”Smart Grids”

By far the most efficient form of energy distribution

Significantly under-penetrated, - even in Europe!

Provides infrastructure (back-bone) for diverse energy sources:- Waste heat- Biomass and waste incineration- Solar - Geo-Thermal - Thermal buffer- …- …