In 2023, Oriel Marine Extracts made significant strides in improving its energy efficiency. One of the key highlights was the significant reduction in gas consumption which decreased from 27.92 kWh/kg in 2022 to 20.45 kWh/kg in 2023, surpassing their milestone target by 4%. This improvement, compared to the 2020 baseline year, reflects their return to consistent production levels, with factory upgrades increasing electricity demand. While these upgrades led to a rise in electricity demand, the company’s overall energy management strategy remained robust.
Additionally, the company increased biofuel usage by incorporating biogas sourced from anaerobic energy, exceeding their milestone target by 5%. The adoption of biogas further reflects the company’s forward-thinking approach to energy sourcing, as it continues to seek more sustainable alternatives. With 2023 serving as a new baseline year, the company has reprojected future energy targets to align with their increased output and ongoing sustainability efforts.