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Osaka Municipal Central Wholesale Market (Honjo Market)

Significant energy savings achieved, far exceeding initial goals

As a result of the upgrade, Azbil delivered significant energy savings at the Honjo Market. For equipment within the scope of the ESCO project, the target CO2 reduction rate proposed by Azbil in the public tender was about 20.34%, equivalent to about 1106 kl/year of crude oil. But after one year, the results far surpassed that figure. Furthermore, on a monetary basis the project exceeded the planned reduction by 23%.

“Going forward, we expect to see various changes in the business environment, such as an increase in the number of vendors entering and exiting the market, and it is important for us to figure out how to achieve even greater energy savings in spite of these changes. Our contract with Azbil lasts for 15 years, and over that time, we expect that Azbil will continue to support our efforts and provide advice on how we can fine-tune and improve the operation of our equipment,” says Mr. Fujii.

glossary

Energy Services Company (ESCO) business model
A business model in which a service provider guarantees the effectiveness of comprehensive services related to energy savings in factories and office buildings. There are two types of ESCO contract: a “guaranteed-savings contract” in which the customer provides collateral for the investment and acts as guarantor, and a “shared-savings contract” in which the ESCO company provides all the investment and the customer does not have to act as guarantor.

These case studies were published in the 2020 No.3 issue of the azbil Group's corporate magazine, azbil.