Government initiatives aim to promote energy efficiency and renewable energy adoption.
The US Department of Energy is investing $18.7 million in colleges and universities to help small manufacturers identify ways to cut costs by reducing waste and saving energy. The program, called Industrial Assessment Centers (IACs), will provide assessments that typically identify more than $130,000 in potential annual savings for small manufacturers. The assessments look at waste reduction, energy savings, improved productivity, and competitiveness. The Bipartisan Infrastructure Law includes $400 million in grants available to small manufacturers to make the necessary efficiency-enhancing and greenhouse gas-reducing investments.