Latest news with #10thAnnualGlobalConferenceonEnergyEfficiency
Yahoo
9 hours ago
- Business
- Yahoo
Alfa Laval CEO commits to leading energy efficiency at the IEA global conference
LUND, Sweden, June 13, 2025 /PRNewswire/ -- To reinforce the importance of energy efficiency in industrial advancement and sustainable progress, Alfa Laval CEO and President, Tom Erixon, has signed the CEO Letter of Commitment at the International Energy Agency's 10th Annual Global Conference on Energy Efficiency, hosted in Brussels on 13 June 2025. Co-hosted by Dr. Fatih Birol, IEA Executive Director, and Dan Jørgensen, European Commissioner for Energy and Housing, the high-profile IEA conference underscores the critical role of energy efficiency in achieving energy security, affordability, and industrial competitiveness. The CEO Letter of Commitment, initiated by the Energy Efficiency Movement, is a pledge to promote the role of business as a key vehicle for the implementation of industrial energy efficiency technologies. The signing by Tom Erixon, along with other industry leaders, is further testament to Alfa Laval's dedication to fostering private-public collaboration, forming partnerships and joining flagship projects to maintain continued focus on the COP28 goal of doubling energy efficiency improvements by 2030. "We believe that energy efficiency is vital for maintaining industrial competitiveness. By reducing cost of energy, you can improve both profitability and sustainability. So, energy efficiency is both good business and essential for our future. By working together, we are contributing to global energy security and the urgent need to double energy efficiency progresses this decade," says Tom Erixon, CEO and President, Alfa Laval. Industry leaders and CEOs leading the way The CEO commitment is signed by CEOs from ABB, AFRY, Alfa Laval, Bilfinger, Boliden, Danfoss, Flowserve, GEA, Grundfos, Munters, Rockwool, Schneider Electric, Siemens Energy, Signify, SSAB, TOPSOE, Trane Technologies and Velux. The CEO commitment pledges to: Promote the role of business as a key vehicle for the implementation of industrial energy efficiency technologies Advance energy efficiency as an enabler for industrial productivity, decarbonization, and competitiveness Recognize the value of applying an energy efficiency-first principle as a driver for energy security and affordable energy. Read more about the CEO commitment here. Private-public conference in Brussels The IEA 10th Annual Global Conference on Energy Efficiency is co-hosted by the IEA and the EU Commission in partnership with the Energy Efficiency Movement, a global non-profit association dedicated to driving awareness, adoption, and development of energy efficiency solutions. The Energy Efficiency Movement, co-founded by Alfa Laval and ABB, empowers industries to accelerate towards net-zero by fostering collaboration among technology companies, academics, public decision-makers, and other stakeholders. Read more about the event here. ContactsJohan LundinHead of Investor Relations, Alfa LavalMobile: +46 730 46 30 Helweg-LarsenHead of Communication, Alfa LavalMobile: +46 730 35 80 This is Alfa Laval The ability to make the most of what we have is more important than ever. Together with our customers, we're innovating the industries that society depends on and creating lasting positive impact. Alfa Laval is a leading global provider of first-rate products in the areas of heat transfer, separation and fluid handling. We're set on helping billions of people to get the energy, food, and clean water they need. And, at the same time, we're decarbonizing the marine fleet that is the backbone of global trade. We pioneer technologies and solutions that enable our customers to unlock the true potential of resources. As our customers' businesses grow stronger, the goal of a truly sustainable world edges closer. The company is committed to optimizing processes, creating responsible growth, and driving progress to support customers in achieving their business goals and sustainability targets. Together, we're pioneering positive impact. Alfa Laval was founded 140 years ago, has customers in 100 countries, employs more than 22,300 people, and annual sales were SEK 66.9 billion (5.8 BEUR) in 2024. The company is listed on Nasdaq Stockholm. This information was brought to you by Cision The following files are available for download: IEA 2025 Tom Erixon 20250612 Alfa Laval CEO commits to leading energy efficiency at the IEA global conference Alfa Laval press release 20250613 View original content: SOURCE Alfa Laval
Time of India
2 days ago
- Business
- Time of India
Global industry drives 80% of energy demand rise since 2019, efficiency gains stall: IEA
New Delhi: Industrial energy demand has driven 80 per cent of global growth in energy use since 2019, even as efficiency gains have stalled, according to the International Energy Agency (IEA). The issue took centre stage at the IEA's 10th Annual Global Conference on Energy Efficiency , which opened in Brussels, with ministers, CEOs, and experts from nearly 100 countries in attendance. A new IEA report released for the event showed that while global industries produce nearly 20 per cent more value for every unit of energy than two decades ago, energy intensity improvements have stagnated in recent years. The industrial sector has failed to achieve meaningful efficiency gains despite being the largest contributor to rising global energy demand since 2019. 'Energy efficiency is about so much more than just energy. It delivers clear benefits for people, lowering their bills, improving businesses' competitiveness and creating jobs. Efficiency is about better lives and healthier economies,' said IEA Executive Director Fatih Birol. 'I'm very pleased to be co-chairing the 10th edition of the IEA's Annual Global Conference on Energy Efficiency with Commissioner Jørgensen here in Brussels, bringing together participants from close to 100 countries from around the world, to drive stronger progress in this vital area.' The two-day conference, co-hosted by Birol and European Commissioner for Energy and Housing Dan Jørgensen, will explore the use of digital technologies, including artificial intelligence, to enhance operational efficiency and reduce energy use in industry. The IEA said increased efficiency could reduce operating costs and enhance competitiveness for small and medium enterprises amid fluctuating global energy prices. The conference also addresses energy use in buildings and appliances. Delegates will deliberate on expanding building codes, retrofitting existing infrastructure, and updating product standards for fast-selling appliances such as air conditioners. According to the IEA, five air conditioners are sold globally every second, but most operate at only half the efficiency of the best available models. The 2025 conference builds on previous editions, including the one held in Nairobi in 2024—marking the first time the event was hosted by an African country. That session saw more than 650 delegates call for accelerated energy efficiency investments in emerging and developing economies. It also follows the COP28 climate summit in Dubai in 2023, where nearly 200 countries pledged to double the global rate of energy efficiency improvements by 2030. The IEA report indicated that current progress remains significantly below that target. On the eve of the conference, the Energy Efficiency Movement—a global industry-led initiative—announced that 18 chief executives of international companies had signed a joint commitment to boost industrial efficiency as a way to improve productivity and reduce emissions. The Brussels conference is being seen as a forum to drive international collaboration and review national policies and progress. Delegates are expected to outline the next steps to harness energy efficiency across sectors, unlock investments, and meet sustainability and cost-reduction goals.
