What is an Energy Management System?
Energy management systems (EMS) are pieces of software that track energy management, such as utility bill tracking, real-time metering, equipment management, building HVAC, lighting control systems and a number of some other things. An energy management software can be used to reduce building energy expenses..
Energy broker software collects and analyzes energy data for three primary purposes which is reporting, monitoring, and engagement.
Reporting deals with confirming energy data, benchmarking, and the establishment of high-level energy consumption reduction targets.
Monitoring deals with tracking energy usage in order to discover cost-cutting options. Engagement entails maintaining discussion about energy consumption between building managers and tenants to promote energy conservation via automatic or manual messaging.
Types of Energy Management
- Baseline of energy assessment
- Facility management.
- Logistics management
- Energy procurement
- Production planning and control
- Energy management challenge
Energy management is a method of regulating and lowering a building’s energy use, allowing owners and operators to:
- Reduce costs – energy accounts for 30% of an office building’s total running expenditures.
- To achieve internal sustainability goals and legal requirements, reduce carbon emissions.
- Reduce risk — the more energy you use, the more likely it is that energy price rises or supply shortages will have a negative impact on your bottom line. You may lessen this risk by lowering your energy usage and regulating it to make it more predictable using energy management systems.
What are the Benefits of Implementing an Energy Management System in a company?
Hundreds of instances of industrial and other businesses that have dramatically improved their energy performance by implementing an Energy management system are now available.
Many parts of your technical processes can be transformed if your firm is ready to put in the effort and dedication to develop an effective Energy management system
Reduction in cost
Energy management systems can help you save at least 30% on your energy bills.
An Energy Management System (EMS) is a sophisticated instrument that allows you to keep track of your building’s energy usage and estimate future costs. An EMS keeps track of your energy usage over time and retains the information so you may view past statistics at any time.
Improves the well-being of employees
Uninterrupted lighting and temperature control in the office create a pleasant and comfortable environment that boosts employee satisfaction and productivity. According to the US National Institute of Occupational Health and Safety, employees’ productivity and overall well-being improve in contented and comfortable work situations (NIOSH).
Assists in determining Energy Requirements.
An energy platform licensing management strategy aids in the knowledge of energy usage patterns by the business owner. This method assists you in determining when energy is utilized most intensively, as well as which processes and equipment are producing the high demand. Advanced data analytics aids in the identification of the distinguishing aspects that contribute to excessive energy waste.
Return on investment increase
Energy management software has many benefits, such as providing financial support, monitoring power consumption, and reducing emissions. When an individual or an organization uses energy management software to manage electricity, the return on investment increases due to the features built into the software.
Increase facility performance
Besides the fact that energy management improves productivity and involvement in operations, energy management can also improve the workplace by reducing operating costs and energy consumption, which results in greater savings for individuals or organizations, resulting in lower operating costs and financial resources lost. The funds saved can be used for other important activities such as manufacturing, advertising and staff training.
Energy management software solutions reduce the risks related to energy price increases or shortage in energy supply. Investing in software for energy broker management solutions will help a company’s profitability in the long run. By reducing the demand on energy and controlling the time of peak use, we can all reduce shortage in supply during peak periods.
Control of heating, ventilation air conditioning system HVAC
Heating, ventilation, and air conditioning (HVAC) systems are critical pieces of equipment in every business or home. It accounts for about half of all energy usage. The load aggregation option in the energy management system lowers the energy consumption of major energy-consuming equipment such as heating, ventilation, air-conditioning, and HVAC.
In conclusion an effective energy management system can reduce energy demand and so save money on energy consumption, which has a positive influence on the environment. Energy management systems have become a major concern when many utilities throughout the world are struggling to meet energy demands.