Article2 min read Aug 15, 2024Discover NEMA Motor Upgrade Potential with ABB’s Energy Savings CalculatorForty-five percent of the world’s electricity is used to power electric motors in buildings and industrial applications.1 By 2030, this cost is projected to reach $900 billion annually.2 Lowering CO₂ emissions and increasing energy efficiency is critical for our planet, but also for ensuring stable and productive industry operations, lowering operating costs and total costs of ownership.
