Energy efficiency hardware markets rise

July 25th, 2010 by Manmohan Leave a reply »

Business spending to replace dated IT equipment and systems is aiding economic recovery in America by as much as 10-15% in recent quarters, according to the Federal Reserve in a statement released late June.

Installations of new-generation, energy efficient servers with more powerful processors at companies such as Intel, Google, Amazon and others are reducing energy costs by as much as 90 percent, neatly recouping the investment expense within a few months. This is good news, too, for hardware and component manufacturers such as Dell, IBM and Hewlett-Packard.

Products and services provided by the information and communications technology (ICT) sector enable energy efficiency and emissions reductions. ICTs can be employed to capture, analyze and respond to vast amounts of data which can lead to optimized energy use within large, energy-reliant sectors such as power, industry, transportation and logistics.

Additionally, the adoption of ICT products and technologies can reduce energy consumption across sectors by enabling smart buildings, dematerialization and travel substitution.

Equipment, software and services to process, deliver and display electronic information comprise the information and communications technology (ICT) industry. Included in the ICT sector are computer hardware and peripherals, data center equipment, telecommunications devices and networks, software and services.

ICT products also reduce energy losses in the power sector (generation, distribution and transmission of electric power); reduce energy consumed in transportation and storage logistics sector; improve the energy efficiency of industrial systems and processes, reduce energy consumption of buildings from design through operations and enable energy savings through dematerialization and travel substitution technologies.

Overall, growing adoption of ICT products that enable more energy-efficient solutions is estimated to reduce global energy consumption by over 7,358 billion kilowatt hours in 2015. ICT-enabled energy savings are thus estimated to amount to 4.5% of global energy consumption in 2015.

In the aggregate, the global value created through the energy and emissions savings enabled by ICTs is estimated at $195 billion in 2010. This value is expected to increase to $548 billion by 2015.

This substantial value creation represents the impact of incremental adoption of energy-smart ICT products and solutions across several energy intensive sectors.

Source:http://pr-canada.net/index.php?option=com_content&task=view&id=233575&Itemid=59

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