Organizations recognize huge benefits through effective ongoing energy management. Implementation of the systems and processes to achieve best practice in energy management is termed as Energy Management System (EnMS). Its benefits include -
1) Huge Expense savings – Organisations that take a strategic approach to energy efficiency improvement projects always find opportunities with attractive ROI & relatively shorter payback periods and ongoing reductions in energy bills.
2) Significant productivity Improvement – Companies are realizing a link between energy performance and productivity. Understanding & mastering this link shall lead to reduced resource consumption. Improvements in energy productivity are often accompanied by improvements in the use of materials, water and other similar resources.
3) Reducing greenhouse gas emissions – For most organizations, managing their energy use is the way to minimise their greenhouse gas emissions. Improving energy productivity and exploring different sources of energy can dramatically reduce an organisation’s carbon footprint and associated costs.
4) Reducing maintenance costs and improving reliability – Energy efficiency actions can foresee problems before they occur and reduce the load and operating hours of machinery and equipment. This can improve production uptime, reduce labour and equipment costs, and extend the useful life of the asset.
5) Empowering and educating employees – An energy management system provides board and executives with clear insight into how and where energy is used in the organisation and where improvements may be needed. It also reduces employee turnover and many other benefits. Companies that actively monitor and manage their energy use, often enjoy other indirect benefits such as demonstrable improvements in environmental performance and new means of staff engagement.
6) Improved risk management – The business risks associated with rising energy prices and inefficient energy use include reputation damage, price volatility and operating cost risks, supply chain risks, energy security and climate change risk. Effective energy management is a core component of an effective risk management strategy reducing exposure to future energy price increases as well.
7) Reputational benefits – Public perception is an important consideration for many companies. A responsible approach to energy management can demonstrate good corporate citizenship and attract investors.

Best practice allows an organisation to develop a thorough understanding of energy sources, energy use and opportunities for improvement. This includes ways to use energy more efficiently in systems, processes and technologies; how energy is sourced and procured; and investigating alternative sources of energy, e.g. clean energy, co-generation or waste heat recovery. Best practices in energy management include:
Strong commitment from senior executives and clear strategic leadership on energy management.
a) Integration of energy management into the company’s existing systems.
b) Appropriate resourcing of the energy management strategy, energy efficiency assessments and project implementation with skilled and knowledgeable personnel, and sufficient funds for implementation.
c) Energy efficiency goals that can be translated into business performance goals, are time-bound, measurable, linked to action plans and included in management performance metrics.
d) Implementation of tracking, measurement and reporting systems to monitor performance in relation to goals and objectives.
e) Effective communication, internally and externally, of the priority placed on energy management and the performance and successes of the company’s energy management strategy.

Many corporations have historically placed energy management within the environmental function, as energy usage is often used to report environmental compliance. However, corporations that have achieved significant cost savings and reduced greenhouse gas emissions have cross-functional responsibility for energy management including the financial, operational and environmental roles within the business. Companies have often found that rigorous management of energy and implementation of energy projects requires recognition of energy at the top levels of the business. Placing energy management responsibilities within the improvement part of the business has also led to more effective outcomes.

Urza Innovation is your companion in establishing the effective Energy Management System at your Organization. Our Urzawan Catalysts ensure that right from top management till lower working employee are enthusiastically engaged in Energy Management programs and policy implementation.