ABB Motion Leadership Insights | #2

Welcome to the second edition of "ABB Motion Leadership Insights" – your quarterly digest from the ABB Motion leadership team. ??

Inside, you will find contributions from our leaders sharing tips and reflections giving valuable insights for anyone interested to better understand how we create value at ABB Motion.

Join us as we explore the ways we are making a difference and look ahead to an even brighter future.

Find below a selection of contributions from

• Tarak Mehta , President ABB Motion, providing insights on how to make better decisions when it comes to meeting your companies' sustainability and financial targets and sharing his views on tripling the annual rate of energy efficiency by 2030
• Erich Labuda , President ABB Motion Services, sharing his key takeaways from representing ABB at the IEA conference on Energy Efficiency in Nairobi. He also discussed "The Role of Circularity in Europe's Green Transition" with representatives from the European Commission, and the World Resources Institute at a FORESIGHT panel event in Brussel, which has been recorded as a live podcast
• Heikki Veps?l?inen, President ABB Large Motors and Generators on how to rethink Nikola Tesla’s motor to support productivity in a low-carbon world

• Panu Virolainen , Chief Technology Officer ABB Motion talked to "Process Engineering", the UK’s leading magazine of the latest trends in business practices for control, process and plant specialists, about why an investment in Research and Development is crucial in promoting energy efficiency

The most recent report from the Energy Efficiency Movement, entitled “From Insight to Implementation: Business Perspectives on Energy Efficiency Investments” looks at the industry’s energy efficiency investment readiness and compares it against their 2022 survey.

In his article, Tarak Mehta wishes to address two of the barriers found in the report: remaining high costs (53 %) and downtime or disruption (34%). His insights should allow for leaders to make better decisions when it comes to meeting their sustainability and financial targets. Read it now ??

Erich Labuda represented ABB at the International Energy Agency (IEA) conference on Energy Efficiency in Nairobi. With representatives from 70 countries, the conference aimed to accelerate energy efficiency initiatives.

Over the two-day conference, it was great to see that the discussions have now shifted from the “what” to the “how". We all agreed that we want to achieve the objectives set at COP28, so we need to double our efforts in the adoption of energy efficiency to enable it.

Learn more now! Erich sharing key takeaways, emphasizing collaboration, technology adoption, and regulatory clarity ??

On May 21, 2024 the Financial Times published the following Op-Ed: Energy?efficiency?is the fastest, cheapest way to achieve net zero. The Energy Efficiency Movement demonstrated that if four of the ten measures outlined in "The Case for Industrial Energy Efficiency" would be fully implemented it is possible to triple the progress in this time.

To find out more, read Tarak Mehta's article on his views on the real prospect of tripling the annual rate of energy efficiency improvements by 2030 ??

Interested to learn more about the circular economy status in the European Union? Wanting to learn more about how policy maker, civil society and industry interact on this topic??

????? Then you will appreciate this live podcast recorded at an event on circularity in Brussels, right at the center of the EU!

Listen to Erich Labuda and panel members from the European Commission and the World Resources Institute discuss impact of new regulations out of the European Union aimed at improving circularity and its impact on design and supply chains ??

From FORESIGHT Climate & Energy, Watt Matters is a podcast all about the energy transition and the shift to a decarbonized economy.

?? You can also listen to it on all major platforms (Spotify, Apple, Amazon Music).

In 1888, Nikola Tesla invented the induction motor with a rotating magnetic field. Large, megawatt-range motors alone, now?account for 10% of the world's total electricity demand.

Close to 140 years later do you think it was possible to rethink it and make it more energy-efficient for large motors performing mission-critical applications for the industry?

Heikki Veps?l?inen , President ABB Large Motors and Generators shares his thoughts on that ??

In the newest digital issue of Process Engineering , industry figures share their thoughts and experiences of the latest trends in business practices.

In their Viewpoint section, Panu Virolainen , CTO for ABB Motion, explains why R&D investment is crucial in promoting energy efficiency on page 10.

Recognizing the significant impact of digitalization, a large segment of ABB’s R&D team now focuses on software and digital innovation. This highlights the strategic role these technologies play in promoting sustainable industry practices. ??

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Also make sure to subscribe to our monthly newsletter DecarbTech, where we share our stories, insights and reference cases on how technology is accelerating the decarbonization of industry.

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