Energy management is the process of tracking and optimizing energy consumption to conserve usage in a building. There are few steps in the process of energy management:
Collect and analyze continuous data. System data points have to be continuously monitored, with data analyzed.
Identify optimizations in equipment schedules, set points and flow rates to improve energy efficiency.
Calculate return on investment. Units of energy saved can be metered and calculated just like units of energy delivered.
Execute energy optimization solutions. The specific optimizations determined from monitoring and analysis are executed.
Repeat step two to continue optimizing energy efficiency. The process is iterative and has will continue as system runs.
Why Energy Management?
Energy management is the means to controlling and reducing a building’s energy consumption, which enables owners and operators to:
Energy represents 25% of all operating costs in an office building. Energy management techniques which include transiting toward energy efficient appliances, LED lighting and other low-energy consumables, as well as managing consumption and waste are able to deliver higher efficiencies and cost savings.
Reducing carbon emissions are crucial both to meet internal sustainability goals and also regulatory requirements, two very important reasons to make this a priority. This delivery starts at identifying emission sources, compiling required data, preparing emissions statements, and goes on to executing energy reduction activities.
The more energy you consume, the greater the risk that energy price increases or supply shortages could seriously affect your profitability. With energy management systems, you can reduce this risk by reducing your demand for energy and by controlling it so as to make it more predictable.