1. Renewable Energy Capacity: This KPI measures the total installed capacity of renewable energy sources that are powered by industrial gas. It provides an indication of the industry’s contribution to the renewable energy sector and its ability to meet the growing demand for clean energy. This KPI can be measured by tracking the total megawatts (MW) or gigawatts (GW) of renewable energy capacity powered by industrial gas.
2. Carbon Emissions Reduction: This KPI measures the amount of carbon emissions reduced or avoided through the use of industrial gas in the renewable energy sector. It reflects the environmental impact of the industry’s operations and its contribution to mitigating climate change. This KPI can be measured by calculating the total tons or kilograms of carbon dioxide equivalent (CO 2e) emissions reduced or avoided through the use of industrial gas in renewable energy generation.
3. Energy Efficiency: This KPI measures the energy efficiency of industrial gas processes and technologies used in the renewable energy sector. It reflects the industry’s ability to optimize energy consumption and reduce waste in its operations. This KPI can be measured by tracking the energy efficiency ratio or energy intensity of industrial gas processes, such as the amount of energy required to produce a unit of renewable energy.
By focusing on these strategic KPIs, the Industrial Gas Renewable Energy Business can monitor its performance, identify areas for improvement, and align its operations with sustainability goals.
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