Managing a program of works to achieve decarbonization is costly and complex. Industry leaders use a combination of energy efficiency improvements, renewable energy purchases, and carbon offsets to accelerate progress toward goals.
Energy Efficiency enables organizations to accelerate decarbonization by driving operational efficiency and upgrading aged plant and equipment with newer, more efficient models. Energy efficiency pays for itself and can generate a positive return relatively quickly, especially when you factor in the avoided cost of procuring green power or offsets at higher unit cost rates into the future.
Enterprise Energy Demand Management is a holistic term used to describe the strategic application of software technology, people and process to manage and reduce the demand for energy across an enterprise. The same interval meter data that often underpins sustainability reporting can be harnessed to provide portfolio-wide energy transparency, detect outliers, underpin key-decision making and support the ongoing measurement and verification of energy efficiency initiatives.
Here are some commonly asked questions about Energy Efficiency and Enterprise Energy Demand Management.
What are some of the Energy Efficiency measures applied in commercial buildings?
The following measures are often applied to drive Operational Efficiency improvements (OPEX):
The following Plant & Equipment upgrades are performed to achieve larger reductions in energy and emissions (CAPEX):
Which organizations can benefit most from energy demand management?
Public and private organisations who own large and complex property portfolios and have committed to aggressive carbon reduction targets will benefit from a solid data foundation for tracking and managing Energy Efficiency programs.
What makes Energy Efficiency programs successful in large and complex organizations?
Successful Energy Efficiency programs combine people, process and technology
- Energy Efficiency must be directly linked to the organization’s emissions reduction target(s) and a clear mandate for Energy Efficiency must be communicated from the top down.
- Key management personnel must be involved in overseeing the implementation and responsibilities must be clearly understood and agreed amongst all key stakeholders. Time must be prioritized to allow operational staff to participate.
- Business process and a robust framework must be established for opportunity identification, assessment, approval, implementation and ongoing performance evaluation.
- The team of people responsible for implementing Energy Efficiency measures must have the required ‘building services’ domain knowledge and experience (internal staff or external consultants/service providers).
- A solid data foundation must be established to provide portfolio-wide energy transparency, underpin key decision-making and support the ongoing measurement and verification of energy and carbon reductions achieved against historical baselines.
- The meter data capture process that is being relied upon for decision-making and results verification must be reliable and accurate. When meter data flows stop or erroneous meter readings are reported, proactive steps must be put in place to immediately notify the right people and rectify the root cause.
What are the primary use cases for Enterprise Energy Demand Management software?
People who have a need to manage demand and energy efficiency programs across large and complex organizations commonly express the following requirements:
- “I need a complete picture of energy consumption, demand and related emissions across my portfolio so I can understand when and where energy is being used and what is driving it.”
- “I need to understand how my sites compare in terms of energy and emissions intensity so I can identify and prioritize outliers that should be targeted for energy efficiency improvements.”
- “I need the ability to drill into my high resolution meter data with flexible charting tools to analyze usage patterns and diagnose energy performance issues.”
- “I need a tool to centrally track and manage energy alerts across my organization and have it automatically alert the right people when alert conditions are breached.”
- “I need the ability to measure and verify the energy and emissions savings resulting from the energy efficiency measures I have implemented so that ROI can be assessed.”
- “I need technology to actively monitor the health of my energy data and proactively notify the right people when issues arise to ensure the ongoing integrity of my data foundation.”
What is Envizi’s Enterprise Energy Demand Management solution?
Envizi’s Enterprise Energy Management Solution brings together a comprehensive suite a tools and reporting capabilities to address all of above use cases, using the following features:
Energy performance dashboards provide a complete picture of energy consumption, demand and related emissions across your portfolio.
Energy Intensity Benchmarking can help you understand how your sites compare in terms of energy and emissions intensity.
Meter data analysis allows you to drill into high resolution meter data with flexible charting tools.
Energy Alerting & Issue Management helps you to centrally detect energy consumption anomalies across the organization, automatically alert the right people, and manage issue resolution.
Measurement and verification enables you to verify the energy and emissions savings resulting from the energy efficiency measures to assess ROI.
Meter Data Health Reporting allows you to actively monitor the health of your energy data and proactively notify the right people when issues arise that impact the integrity of your data foundation.
The pathway to low carbon can be made smoother with the use of software to help inform and manage your Energy Efficiency programs (opex and capex). Interval meter data can be used in conjunction with data that’s already being captured for ESG reporting purposes to drive your emission reduction strategies and achieve decarbonization faster and more cost effectively.
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Envizi Enterprise Energy Demand Management features will be shipping next quarter. Sign up to receive a sneak preview through the form below.