The importance of energy management is well-known to us. But, the energy management process requires more effort & time and needs to be done efficiently. The goals of energy management process are simple: to conserve resources and protect the environment.
As conventional energy sources are prone to depletion, we must conserve energy to conserve resources and achieve environmental sustainability. Additionally, energy management is required to reduce our dependence on fossil fuels. Thus, here are the 10 ways to improve your energy management process:
1. Establish Benchmarks and Evaluate
According to an old saying, “You cannot oversee what you do not evaluate.” So, evaluating your organization’s energy consumption is the very first step.
Additionally, centralize all of your organization’s energy usage data into a single data system. As a result, this benchmarking will provide you with a number against which you can set your targets.
2. Analyze the Energy Use for Energy Management
Strategic, current energy data management can reveal a broad range of unrecognized issues associated with occupancy and usage of energy.
Many energy management companies installed an exhaustive metering system for a data center customer, tracking every key data center detail.
The real-time data enabled building operators to identify problem areas and to take steps to handle loads. As a result, this helps in analyzing the energy usage, in the most subtle way possible.
Energy Management Courses:
3. Set Short-term Goals for Energy Management
Managing energy consumption can be a challenging task. Therefore, short-term goals serve as stepping stones on your path to achieving long-term goals gradually.
Moreover, short-term goals help you view your long-term goals and achieve your vision.
4. Actively Manage the Actual Energy Consumption
Use the data gathered to develop a strategy for managing costs and energy consumption regularly. Also, collaborate with an industrial customer to assess peak demand reduction programs.
In addition, load shifting shall limit consumer loads and save you money in return.
5. Communicate and Analyze your Progress
Communicating goals and progress is vital for success within energy management. Incorporate the knowledge from the central energy database into highlight summaries, recognizing individuals who made significant efforts.
Also, you can share energy conservation highlights with industrial units for better efficiency and results. This not only encourages learning and advancement but also promotes healthy competition in this specific area.
6. Develop a Well-Structured Plan
Create a well-structured, detailed business plan to improve your energy management process. Energy studies and assessments provide guidance and could be used to take some action for the same. Additionally, create a plan, which is action-based on the information available.
Furthermore, customers shall also make improvements ranging from simple lighting upgrades to complex central utility plants. Another alternative is installing solar panels at their homes or workplaces.
7. Establish Accurate Rules and Regulations
Energy efficiency measures and technology implementation are only a part of the mix. Employees’ roles shall be outlined by the management company’s rules and regulations.
As a result, everyone must follow rules and regulations. Because they will help you understand work towards energy consumption and effective usage.
8. Use Power-saving Technologies
Energy efficiency measures and technology implementation are only a part of the mix. Employees’ roles shall be outlined by the management company’s rules and regulations.
It will help you understand work towards energy consumption and effective usage.
9. Seek In-house Knowledge
Developing relationships and collaborations are also important in energy management. Be it with other energy management leaders and facility management, this should be considered as a proper method to achieve efficiency.
Thus, energy service firms, industry subject matter experts, utilities, etc., may end up being a beneficial partnership for the management.
10. Don’t be afraid to take risks
To improve your energy management process efficiently, significant changes are a must. Changes that reduce energy consumption may necessitate difficult decisions. So, don’t hold yourself back from taking such tough decisions.
Additionally, if these changes are properly managed, then the reward over-balances the risk. Therefore, to relieve the burden, consult an advisor to improve energy efficiency. Thus, it helps you to achieve your goal in the most convenient way possible.
Conclusion
When energy use is consciously controlled, overall costs and utility consumption can be reduced. Facility managers of organizations who implement these 10 ways to improve the energy management process efficiently will be one step closer to their goals.
Hence, increasing effectiveness while overcoming budgetary restrictions, volatile power costs, and the hidden costs of old equipment will take you closer to your goal.
Energy Management Programs in India
Admissions in PGDM Energy Management
How to Apply
- The application form is available at the link here and must be submitted online. NSB does not accept admission applications offline.
- Applicant should complete the online registration & application form; submit the same along with the application fee and applicable taxes only (non-refundable) using payment gateway.
- After submission of application form successfully, applicant will receive confirmation email.
Eligibility Criteria
- The candidates must have a minimum 3 years Bachelor’s degree, like
BBA/B.E./B.Tech/B.Sc/B.Com/CA/ICWA etc., or any other equivalent degree, with at least 50% marks or CGPA. In case, of candidates belonging to Scheduled Caste (SC)/Scheduled Tribes (ST) or Differently Abled Person (DAP) category, this is relaxed to 45% from a recognized board or university. - Candidates appearing for final year bachelor’s degree/equivalent qualification examination
and those who have completed the degree requirements and are awaiting results can also
apply. (This is subject to fulfillment of above criteria as of 30th June 2024). - All candidates must also have a valid CAT / XAT / GMAT/ OTHER MANAGEMENT SCORE.
Selection Process
The selection of the candidates for admission to the PGDM- Energy Management and PGDM-Executive (self-sponsored) at NTPC School of Business is a two-step process.
In the first step, candidates are short-listed for Personal Assessment (PA) from among the candidates who applied to the programme and who satisfy the eligibility criteria for the programme.
The next step of final selection is based on the merit of Final Composite Scores (FCS). The more detail about the computation of the scores and selection process is as follows.
- For both PGDM (Energy Management) and self-sponsored PGDM (Executive) programme, the candidates are shortlisted for the Personal Assessment (PA) based on of the Composite Score (CS).
- The Composite Score (CS) is calculated by computing CAT / XAT / GMAT/ OTHER MANAGEMENT SCORE, Academic Performance (Xth, XIIth, Graduation), and diversity factors (both Academic Diversity & Gender Diversity)
- The applicants shortlisted for Personal Assessment (PA) on the basis of CS. The cut-off for shortlisting candidates Personal Assessment (PA) is decided by NSB.
- The Final selection is based on Final Composite Scores (FCS) that is calculated by using CS, Work Experience and PA scores.
Note
- Applicants are advised to check their registered emails regularly and visit the NSB website for updates on admission-related activities.
- Selection will be based on merit from pool of applicants.
- PA of Short-listed applicants might be conducted online due to COVID pandemic. The detailed guideline in this regard will be updated in due course.