Cleverly financed industrial refrigeration upgrade
An industrial refrigeration upgrade is helping Rivalea save energy, improve business and reduce its impact on the environment.
The refrigeration plant at Rivalea’s Corowa pork abattoir in New South Wales is set to be upgraded, creating ongoing energy cost savings and directly benefiting the business’s bottom line, Paul Pattison, Rivalea’s managing director, states.
Low Carbon Australia has financed two-thirds of the $846,000 refrigeration upgrade project, which received Australian Government grant assistance through the Clean Technology Food and Foundries Investment Program (CTIP).
“Low Carbon Australia’s finance meant we could take advantage of the Australian Government grants, but didn’t have to find the remaining upfront capital for this project,” Pattison notes.
“This improvement to our refrigeration will help us reduce greenhouse gas emissions at our largest facilities at the same time as reducing costs,” he adds.
Refrigeration consultants MINUS40 conducted the energy audit on the site with the assistance of the New South Wales Office of Environment and Heritage’s Energy Saver program and worked with Rivalea to secure CTIP funding.
MINUS40 director, Dr Michael Bellstedt says the project will involve installing smart controls and drives and heat recovery devices that will improve the efficiency of the Corowa abattoir’s two-stage ammonia refrigeration plant.
The detailed business case for the project received funding support from the New South Wales Office of Environment and Heritage (OEH). Energy Saver, run by the OEH, offers subsidised energy audits and assistance for businesses in New South Wales to be more energy efficient and save money on power bills.
“The improvements will result in reduced electricity and LPG use and using current prices, we’re expecting total energy cost savings of over $195,000 a year, which equates to a 10 percent reduction in total energy consumption,” Bellstedt notes.
According to Low Carbon Australia’s CEO, Meg McDonald, simple payback on the Rivalea project would be about four years.