GENERAL_ASPECTS_OF_ENERGY_MANAGEMENT_AND_ENERGY_AUDIT (CHAPTER 4:ENERGY MANAGEMENT AND AUDIT) Definition and Objectives of Energy Management The fundamental goal of energy management is to produce goods and provide services with the least cost and least environmental effect. The definition of energy management is: “The judicious and effective use of energy to maximize profits (minimize costs) and enhance competitive positions” (or) “The strategy of adjusting and optimizing energy, using systems and procedures so as to reduce energy requirements per unit of output while holding constant or reducing total costs of producing the output from these systems” The objectives of Energy Management include, 1.To achieve and maintain optimum energy procurement and utilisation, throughout the organization 2.To minimise energy costs / waste without affecting production and quality 3. To minimise environmental effects. Successful energy management must combine an effective strategy with the rig...
(Quality Education in Engineering)