Economic and Environmental Indicators for Assessing Energy Efficiency Improvements in the Smart Manufacturing Processes

Minna Räikkönen (Corresponding author), Teuvo Uusitalo, Saara Hänninen, Andrea Barni, Claudio Capuzzimati, Alessandro Fontana, Marco Pirotta

Research output: Chapter in Book/Report/Conference proceedingConference article in proceedingsScientificpeer-review

Abstract

Since the manufacturing industry is one of the major global energy consumers and carbon emitters, energy efficiency has emerged as one of the industry's key drivers. Additionally, digital technologies offer companies significant opportunities to boost productivity and generate cost savings while simultaneously reducing the environmental impact. This study establishes a framework for economic and environmental indicators supporting smart manufacturing and asset management operations. The framework contributes to the sustainability assessment of digital solutions focused on increasing energy efficiency. In this setting, the emphasis is particularly on LCC (Life Cycle Costing) and LCA (Life Cycle Assessment) indicators. The approach is being tested in four different types of pilot companies in the manufacturing sector. The study examines the indicators from several angles at the process and machine levels. In the next phase of our research, software tools for the energy efficiency-oriented online LCC and LCA will be developed to make the indicator framework practical.
Original languageEnglish
Title of host publication16th WCEAM Proceedings
EditorsAdolfo Crespo Márquez, Juan Francisco Gómez Fernández, Vicente González-Prida Díaz, Joe Amadi-Echendu
PublisherSpringer
Pages602–611
Number of pages10
Edition1
ISBN (Electronic)978-3-031-25448-2
ISBN (Print)978-3-031-25447-5
DOIs
Publication statusPublished - Feb 2023
MoE publication typeA4 Article in a conference publication
Event16th World Congress on Engineering Asset Management, WCEAM 2022 - Sevilla, Spain
Duration: 5 Oct 20227 Oct 2022

Publication series

SeriesLecture Notes in Mechanical Engineering
ISSN2195-4356

Conference

Conference16th World Congress on Engineering Asset Management, WCEAM 2022
Abbreviated titleWCEAM 2022
Country/TerritorySpain
CitySevilla
Period5/10/227/10/22

Keywords

  • economic indicators
  • environmental indicators
  • energy efficiency
  • digital technologies
  • manufacturing
  • asset management
  • sustainability assessment

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