GE Energy’s (NYSE: GE) Industrial Solutions business has joined the new Industrial Energy Efficiency Coalition (IEEC) as a founding member. The IEEC is a unique alliance of industrial controls and automation suppliers advocating for new federal policies that encourage manufacturers to implement energy efficiency strategies to boost their productivity and sustainability.
With U.S. industries consuming one third of the country’s energy, the industrial sector has a significant opportunity to achieve substantial energy savings of 25 to 30 percent over the next 25 years by installing new controls and automation technologies. However, current government policies and investments are failing to adequately address these potential energy saving opportunities.
The IEEC was established to leverage its members’ collective expertise in controls and automation to promote processes, best practices, technologies and standards to help ensure the most efficient use of electrical energy by the U.S. industrial sector.
“We are proud to unite with other industry leaders in helping the IEEC advocate for new policies and programs that encourage greater investment in industrial energy management and services,” said Sergio Corbo, chief marketing officer for GE Energy’s Industrial Solutions business. “This will dramatically increase energy efficiency and plant modernization throughout the country’s industrial ecosystems.”
The IEEC is administered by NEMA the association of electrical equipment and medical imaging manufacturers. In addition to GE, other charter members of the consortium include ABB, Eaton, Rockwell Automation, Schneider Electric, and Siemens. Together, these founding members supply an estimated 75 percent of the industrial controls purchased by U.S. companies.
Leading the future of electrification around the globe, GE Energy's Industrial Solutions business forges strong relationships with customers, identifies and solves challenges and invests in innovative technologies that help create a cleaner, smarter and more efficient electrical infrastructure. Operating in more than 60 countries, GE’s dedicated teams from electrical distribution, industrial services and power electronics manufacture and service products for residential, commercial and industrial applications.
GE Energy helps launch new U.S. Industrial Energy Efficiency Coalition