DNV has together with the largest steel producer in China, Baosteel, launched an energy efficiency project.

Baosteel is the largest energy consumer in Shanghai, and in order to implement the state plan of “One Thousand Enterprises’ Energy-Saving Action”, the company aims to increase its energy efficiency with 45% during the next five years, assisted by DNV’s Energy Auditing Service.

“At present, the energy efficiency in Chinese industries is unsatisfactory. The challenges are many – few signs of systematic energy management, lack of effective and uniform standards and professional talents for energy management are a few,” says Sangem Hsu, DNV’s business development director for Asia and Australia.

Date: 11 February 2008