Intro to Energy Management Flashcards
Define “Manage”
to handle or direct with a degree of skill: as to exercise executive, administrative, and supervisory direction of.
What is Energy Management?
The efficient and effective use of energy in commercial, industrial, and multi-family buildings to maximize profits (minimize costs) and enhance competitive positions.
In 2010, how much did the US spend on energy expenditures?
1.2 trillion
How much of the world energy use is in the US?
25%
How much of the gross world product is from the US?
22%
What does it mean to be cost effective?
The net result must show a profit improvement or cost reduction greater than the cost of the activity. Energy management has proven to be cost effective.
What is one of the most promising profit improvement/cost reduction programs available today?
Energy Management
What are the average energy cost savings of an Energy Management program with no capital expenditure?
5-15%
What are the average energy cost savings of an EM program with retrofit activities included?
30-70%
What is the quickest, most effective, and most cost effective manner to reduce greenhouse gas emissions and improve air quality?
Reducing fossil fuel energy use through energy efficiency improvements
What’s usually the most economical source of “new” energy?
Energy available from EM activities
How does EM help profit?
Energy conservation, energy efficiency, reduced risk
How does EM help the planet?
Reducing greenhouse gas, lowering carbon footprint, reducing ozone depletion, improving air quality
How does EM help people?
Improving occupant comfort, convenience, and productivity, Developing awareness of and dedication to energy management from all employees in an organization
What’s the most important ingredient for successful implementation and operation of an EM program?
Commitment to the program by top management.