This document summarizes research on energy management and energy efficiency investments in large Swiss companies. A survey of 201 large energy-consuming companies found that on average they scored 10.7 out of 23 on an energy management assessment, with little difference between industrial and service sectors. Energy cost reduction was the primary driver of energy efficiency investments reported by 90% of companies. However, few companies systematically included non-energy benefits or more strategic financial analysis in their investment evaluations. The research aims to better understand relationships between energy management practices, investment decision-making, and competitive advantage.
Presentación del Proyecto MONALISA 2.0 sobre la Gestión del Tráfico Marítimo en la Conferencia Internacional sobre Transporte Marítimo 2014 de la Universidad Politécnica de Cataluña.
Presentación del Proyecto MONALISA 2.0 sobre la Gestión del Tráfico Marítimo en la Conferencia Internacional sobre Transporte Marítimo 2014 de la Universidad Politécnica de Cataluña.
SEBA Student Leadership Club Program
Supporting Education Business and Achievement (SEBA) is a 501c3 organization. SEBA is starting clubs at area high schools focused on providing our youth with opportunities to gain life skills necessary to be successful in their future. They will learn and actively engage in activities that build critical skills needed in leadership, business and social responsibility in the community. SEBA Club student leadership and members met in the summer and decided the best way to impact our community was to raise money for social causes and community projects. The intent of this letter is to introduce SEBA’s student leadership program, our goals and how you can support our important work.
SEBA believes that the future of our community depends on the well-being of our children today. The primary objectives are to support and nurture the growth and development of the youth of our community. We instill the importance of life skills, such as proper work ethics, character, leadership, social and personal responsibility.
Let\'s Execute!!!!!
CYS EN ISO 50001 is Proven to Generate Significant Energy Savings! (Part 3 of 3)Arantico Ltd
This presentation, the third in a three part series was presented by Dr. Mike Brogan, COO of Enerit (www.enerit.com) at a seminar entitled CYS EN ISO 50001 in Cyrpus in April 2014.
The presentation covers the following areas;
*What is Systematic Energy Management?
Proven Benefits
*Main Requirements of CYS EN ISO 50001
*Implementation of CYS EN ISO 50001 Energy Management System
*Case Studies
*How ICT Helps
*How do I get started?
*Where am I now?
*And what do I do next?
OERC Seminar 2018
Prof Ulrich Nissen
Professor of “Energy Management” & “Management Accounting”, Niederrhein University of Applied Sciences,
Moechengladbach, Germany
Assoc. Prof Ivan Diaz-Rainey
Co-Director of OERC & Assoc. Prof in Finance,
University of Otago
The energy efficiency gap describes the failure to implement energy efficiency measures that deliver financially profitable cost savings (have a positive Net Present Value). In this seminar, we explore how the energy efficiency gap might be bridged in the context of universities and emerging international standards (for energy management systems, energy performance indicator systems, and for the valuation of energy related investments).
Practical approach of ENERGY MANAGEMENT to sustain profitabilityZAINI ABDUL WAHAB
OUTLINE - KEY HIGHLIGHTS!
Corporate trends & potentials for energy savings to increase profitability
Barriers and counter measures for organizations to implement EE
Key success factors & steps to reduce energy costs
Support measures required from the government
What’s next?
The scope for energy savings from energy managementLeonardo ENERGY
Energy management is a structured process through which organisations seek to optimise their energy use and whose definition and practice is codified through standards such as EN ISO 50001. It is an essential tool to deliver systemic level savings in how energy using capital is chosen and deployed but also, and importantly, with respect to how that capital is actually operated and managed. Despite its importance to overcome some of the more intractable barriers to energy efficiency it has received relatively modest attention within EU policy portfolios.
This chapter deals with power economics of different power system parts which includes the generation, transmission and distribution systems. This slide is specifically prepared for ASTU 5th year power and control engineering students.
SEBA Student Leadership Club Program
Supporting Education Business and Achievement (SEBA) is a 501c3 organization. SEBA is starting clubs at area high schools focused on providing our youth with opportunities to gain life skills necessary to be successful in their future. They will learn and actively engage in activities that build critical skills needed in leadership, business and social responsibility in the community. SEBA Club student leadership and members met in the summer and decided the best way to impact our community was to raise money for social causes and community projects. The intent of this letter is to introduce SEBA’s student leadership program, our goals and how you can support our important work.
SEBA believes that the future of our community depends on the well-being of our children today. The primary objectives are to support and nurture the growth and development of the youth of our community. We instill the importance of life skills, such as proper work ethics, character, leadership, social and personal responsibility.
Let\'s Execute!!!!!
CYS EN ISO 50001 is Proven to Generate Significant Energy Savings! (Part 3 of 3)Arantico Ltd
This presentation, the third in a three part series was presented by Dr. Mike Brogan, COO of Enerit (www.enerit.com) at a seminar entitled CYS EN ISO 50001 in Cyrpus in April 2014.
The presentation covers the following areas;
*What is Systematic Energy Management?
Proven Benefits
*Main Requirements of CYS EN ISO 50001
*Implementation of CYS EN ISO 50001 Energy Management System
*Case Studies
*How ICT Helps
*How do I get started?
*Where am I now?
*And what do I do next?
OERC Seminar 2018
Prof Ulrich Nissen
Professor of “Energy Management” & “Management Accounting”, Niederrhein University of Applied Sciences,
Moechengladbach, Germany
Assoc. Prof Ivan Diaz-Rainey
Co-Director of OERC & Assoc. Prof in Finance,
University of Otago
The energy efficiency gap describes the failure to implement energy efficiency measures that deliver financially profitable cost savings (have a positive Net Present Value). In this seminar, we explore how the energy efficiency gap might be bridged in the context of universities and emerging international standards (for energy management systems, energy performance indicator systems, and for the valuation of energy related investments).
Practical approach of ENERGY MANAGEMENT to sustain profitabilityZAINI ABDUL WAHAB
OUTLINE - KEY HIGHLIGHTS!
Corporate trends & potentials for energy savings to increase profitability
Barriers and counter measures for organizations to implement EE
Key success factors & steps to reduce energy costs
Support measures required from the government
What’s next?
The scope for energy savings from energy managementLeonardo ENERGY
Energy management is a structured process through which organisations seek to optimise their energy use and whose definition and practice is codified through standards such as EN ISO 50001. It is an essential tool to deliver systemic level savings in how energy using capital is chosen and deployed but also, and importantly, with respect to how that capital is actually operated and managed. Despite its importance to overcome some of the more intractable barriers to energy efficiency it has received relatively modest attention within EU policy portfolios.
This chapter deals with power economics of different power system parts which includes the generation, transmission and distribution systems. This slide is specifically prepared for ASTU 5th year power and control engineering students.
Solwatt is a comprehensive programme designed by Solvay to implement an energy management system on large energy-intensive industrial sites.
The review phase follows two streams:
The technical stream, aiming at documenting in an action plan a minimum of 10% savings through a series of short payback incremental improvements.
The behavioural and management stream, aiming at fostering a lasting culture of energy management and savings on the site, with a detailed structure of KPIs and KAIs.
Solwatt® is a comprehensive programme designed by Solvay to implement an energy management system on large energy-intensive industrial sites.
The review phase follows two streams:
The technical stream, aiming at documenting in an action plan a minimum of 10% savings through a series of short payback incremental technical improvements.
The behavioural and management stream, aiming at fostering a lasting culture of energy management and savings on the site, with a detailed structure of KPIs and KAIs and a managerial action plan.
20151112 Conference Call on Economic Opportunities for Clean Energybusinessforward
As America transitions to using cleaner energy sources, new opportunities should emerge for American businesses. A report released this week by ICF International and NextGen Climate America found that accelerating the transition to a clean energy economy will decrease energy costs and create over a million jobs by 2030.
Please join us for a conference call with Dan Lashof, Chief Operating Officer of NextGen Climate America, who will discuss the economic opportunities of clean energy.
LIfe cycle costing case studies of RES and EE projectsLeonardo ENERGY
Making sound energy investment decisions is a complex task – no matter whether it concerns a renewable energy system (RES) or an energy efficiency (EE) investment. A life cycle cost (LCC) analysis combined with an assessment of the available financing options should be the obligatory path for every investment decision. Decision makers usually focus on familiar financing schemes and may fail to consider alternative means of financing which can be of significant added value to a project.
This paper is intended to be a guide in the process of evaluating a project. Such evaluation includes an assessment of its cost structure through the LCC approach (also called total cost of ownership or TCO) and an assessment of financing options. It will be demonstrated and explained that the most profitable financing is not always the most appropriate one.
Lessons Learned: Guidance based on Early Experiences of Implementing ISO 5000...Arantico Ltd
Talk presented at: IETC 2014, .Industrial Energy Technology Conference, New Orleans. Author: Paul F Monaghan PhD, CEO Enerit Ltd, paul.monaghan@enerit.com, http://ie.linkedin.com/in/paulfmonaghan
This paper draws on real experience of implementing ISO 50001 and Superior Energy Performance (SEP) in USA and Europe in a variety of sectors: pharmaceutical, automotive, medical device, metals and plastics, universities & ICT. The paper aims to give high-level practical guidance on implementation of these types of energy management system (EnMS)
US DoE has reported substantial extra savings with an EnMS approach. However, there are a number of challenges to: getting started; and making continuous improvement with EnMS.
Firstly, the expression “Energy Management System” means different things to different people. In this paper, we explain what the difference is between EnMS, as meant by ISO 50001/SEP and the general class of Energy Management Information Systems (EMIS), which include monitoring systems and corporate energy/carbon reporting systems.
The next problem is “getting started” with EnMS. In this paper, we first explain identify that there are two key reasons for people to adopt EnMS: These two organizations may start in a different way:
• If the goal is “I want to save more energy in a cost-effective way”, start with an energy review and find ways to visualize how energy is used within the organization.
• If the goal is “I want to get an ISO 50001/SEP certified”, start with a gap assessment.
When some sites in the organization have successfully implemented an EnMS, how do you: ensure that those sites continuously improve; and how do you bring the less advanced sites up to the level of the leading sites?
We believe it is useful to view everything in terms of Energy Management Maturity Models and use this as guidance along the path from start-up through to embedded continuous energy management improvement. Factors that we have found useful in successful rollouts are visualization tools e.g.: Sankey diagrams - show energy flows; Spider diagrams; Dashboards.
In this paper, we will show examples of these visualizations in real situations.
Biography: Paul F Monaghan has a Ph.D. in Mechanical Engineering from Queen’s University Canada. After an early career as an energy engineering consultant, he became a tenured Professor in Mechanical Engineering at the National University of Ireland. He left to found two start-up software companies, QSET and Enerit and lived in USA & Ireland. His focus has been on energy and software for over 30 years. Today, he leads Enerit which has delivered ISO 50001 software in Europe, Americas and Asia to organizations like: Pfizer, Medimmune, Fiat, Boston Scientific, Nuqul, Harbec, Sage and Asia Development Bank.
CCooremans_5-160-16_Eceee2016_Mgt as a key driver of energy performance_06092016
1. 1
Catherine Cooremans – eceee summer study – Sept. 12th, 2016INFRAS - University ofNeuchâtel - Impact Energy
Catherine Cooremans, University of Neuchatel
Rita Werle, Impact Energy, Zürich
M_KEY − MANAGEMENT AS A KEY
DRIVER OF ENERGY PERFORMANCE
ECEEE, Industrial Summer Study
Berlin, September 2016
Catherine Cooremans – eceee summer study – Sept. 12th, 2016INFRAS - University ofNeuchâtel - Impact Energy
1. Conceptual framework
2. Empirical research
3. Preliminary results
4. Discussion
5. Conclusion
Outline
2. 2
Catherine Cooremans – eceee summer study – Sept. 12th, 2016INFRAS - University ofNeuchâtel - Impact Energy
Conceptual framework:
Investment decision-making
Catherine Cooremans – eceee summer study – Sept. 12th, 2016INFRAS - University ofNeuchâtel - Impact Energy
According to mainstream, investment decision-
making is driven by profitability assessment
analysis. Profitability is key.
Conclusion : not observed in real life
Investment
decision-
making
Profitability
assessment
3. 3
Catherine Cooremans – eceee summer study – Sept. 12th, 2016INFRAS - University ofNeuchâtel - Impact Energy
Actors
Individual factors
Internal context
energy management
External context
Environmental factors
Evaluation
& Choice
Build up
solutions
DiagnosisInitial idea
The investment process
Implemen
-tation
A New Model of Investment
Decision-making: (Cooremans 2012)
Investment characteristics
Strategic character
Catherine Cooremans – eceee summer study – Sept. 12th, 2016INFRAS - University ofNeuchâtel - Impact Energy
• Energy Management System - EnMS
Set of interrelated or interacting elements to
establish an energy policy and energy objectives,
and processes and procedures to achieve those
objectives
(ISO50001 – Art. 3.9 – Terms and definitions)
Definitions
• An investment is strategic
if it contributes to create, maintain or develop a
sustainable competitive advantage
(Cooremans, 2011)
4. 4
Catherine Cooremans – eceee summer study – Sept. 12th, 2016INFRAS - University ofNeuchâtel - Impact Energy
M_Key
empirical research
INFRAS - University ofNeuchâtel - Impact Energy Catherine Cooremans – eceee summer study – Sept. 12th, 2016
M_Key research model:
• 3 relationships of influence
• 4 research questions
• 8 hypotheses
5. 5
INFRAS - University ofNeuchâtel - Impact Energy Catherine Cooremans – eceee summer study – Sept. 12th, 2016
Methodology
Survey:
Population: approx. 10.000 Swiss large-scale energy
consumers (for profit) i.e. sites or establishments
consuming more than 0.5 GWh/year of electrical energy
and/or 5 GWh/year of thermal energy.
= about 35% of the total Swiss electricity consumption.
All types of businesses – Secondary & tertiary sectors.
Sample: 2’040 contacted (11 cantons) - 201 answers
Strict anonymity - help of cantonal energy offices +
federal agencies
Interviews: 30
Case studies: 5
INFRAS - University ofNeuchâtel - Impact Energy Catherine Cooremans – eceee summer study – Sept. 12th, 2016
M_Key
Preliminary results
6. 6
INFRAS - University ofNeuchâtel - Impact Energy Catherine Cooremans – eceee summer study – Sept. 12th, 2016
Energy Management Level Score Scale
Energy intensity
Which percentage do your energy consumption
total costs represent in :
- Percentage of your general expenses (%) 2 pts if at least
- Percentage of your turnover (%) 2 1 answer
Did your company make a commitment of a
continuous reduction of its energy consumption
2 yes = 2 / no = 0
Did your company undertake any of the following
tasks in relation with energy use :
- Evaluation of energy performance
(benchmarking)
1 yes = 1 / no = 0
- Definition of baseline 1 yes = 1 / no = 0
- Definition of key performance indicators 2 yes = 2 / no = 0
- Definition of energy policy 1 yes = 1 / no = 0
- Setting of measurable goals regarding energy
consumption reduction
1 yes = 1 / no = 0
- Definition and setting of measures to reach the
goals defined
1 yes = 1 / no = 0
- Data collection regarding goals achievement 1 yes = 1 / no = 0
Which ressources have been allocated to energy-
efficiency measures implementation :
- Human resources (i.e. project team) 1 yes = 1 / no = 0
- Technical resources (i.e. meters) 1 yes = 1 / no = 0
- Electronic resources (i.e. software) 1 yes = 1 / no = 0
Energy manager :
- Does the company have an energy manager 2 yes = 2 / no = 0
- Does the energy manager perform other
functions in your company
0 yes = -1 / no = 0
- If yes, which one --
Does your company establish an internal
communication on energy issues
1 yes = 1 / no = 0
Did your company organize the following systems
and procedures in relation with its energy policy:
- Training system for staff 1 yes = 1 / no = 0
- Reward system 1 yes = 1 / no = 0
- Monitoring system of the results in goals reaching 1 yes = 1 / no = 0
- Revising goals procedure 1 yes = 1 / no = 0
TOTAL 22
Maximum score
= 22 pts
Energy
management
level
INFRAS - University ofNeuchâtel - Impact Energy Catherine Cooremans – eceee summer study – Sept. 12th, 2016
Energy management level
Average score is 10,7 points out of a maximum of
23 points.
No significant differences between industrial sector
(128 firms, including construction) and services sector (73 firms),
in terms of average score.
50% of the 201 respondent firms have designated
an energy manager but all of them (but 10) manage
energy issues on a part time basis only.
Results = similar to those of Cooremans’ survey
2006-2007 (Cooremans, 2012)
7. 7
INFRAS - University ofNeuchâtel - Impact Energy Catherine Cooremans – eceee summer study – Sept. 12th, 2016
Energy intensity
Average electricity intensity*: 2,9%
(147 answers).
Average energy intensity*: 4%
(110 answers).
Higher electricity intensity in service sector
(3,8% - 45 observations), than in industrial
sector (2,5%).
(*Electricity or energy costs as a percentage
of turnover).
INFRAS - University ofNeuchâtel - Impact Energy Catherine Cooremans – eceee summer study – Sept. 12th, 2016
Costs
Value
proposition
Risks
The 3 dimensions
of competitive advantage
Value for
customers
Borne to
create the
value
proposition
Borne to
create the
value
proposition
Investment “strategicity”
8. 8
INFRAS - University ofNeuchâtel - Impact Energy Catherine Cooremans – eceee summer study – Sept. 12th, 2016
Important or very important drivers
of energy-efficiency investment
increased
Energy-cost reductions: 90%
Non-energy cost reductions: 55%
INFRAS - University ofNeuchâtel - Impact Energy Catherine Cooremans – eceee summer study – Sept. 12th, 2016
Increased competitiveness = a driver for 61%
Energy cost reduction = the 1st driver
of energy-efficiency investment decision-making
(175 out of 194 firms consider cost savings as an
“important or very important” driver).
BUT:
Investment subsidies = a driver only for 42.5%
and tax breaks only for 39%.
“Strategicity” of energy-efficiency
investment
9. 9
INFRAS - University ofNeuchâtel - Impact Energy Catherine Cooremans – eceee summer study – Sept. 12th, 2016
Important or very important barriers
to energy-efficiency investment
Other investment more important: 70%
Financial constraints - internal: 48% - external: 18.5%
Low financial attractiveness: 42%
Energy costs not important enough: 39%
INFRAS - University ofNeuchâtel - Impact Energy Catherine Cooremans – eceee summer study – Sept. 12th, 2016
Financial practices
yes no total
Simple payback (payback period) 144 20 164
Net present value NPV 25 99 124
Internal rate of return (IRR) 34 94 128
20-25% companies only apply NPV and/or IRR to assess energy-
efficiency investments, which is different from their financial
practices regarding “general investment” evaluation.
10. 10
INFRAS - University ofNeuchâtel - Impact Energy Catherine Cooremans – eceee summer study – Sept. 12th, 2016
Non-energy benefits
53% of companies rarely or never include NEBs
in their investment calculations
INFRAS - University ofNeuchâtel - Impact Energy Catherine Cooremans – eceee summer study – Sept. 12th, 2016
Non-energy benefits
11. 11
INFRAS - University ofNeuchâtel - Impact Energy Catherine Cooremans – eceee summer study – Sept. 12th, 2016
Discussion
INFRAS - University ofNeuchâtel - Impact Energy Catherine Cooremans – eceee summer study – Sept. 12th, 2016
Discussion I
• Energy cost reduction is described as the first driver
of ee investments (as usual) but energy costs are not
high enough to be a powerful driver, and resources
(capex) are allocated to more important investments.
• Subsidies and tax rebates are not perceived as
important: why?
• Restrictive financial methods and criteria (PB)
probably illustrate the low strategic character of ee
investments and a lack of financial competences of
engineers in charge of framing investment projects.
• Non-energy cost reduction is generally not taken into
account in financial calculations.
12. 12
INFRAS - University ofNeuchâtel - Impact Energy Catherine Cooremans – eceee summer study – Sept. 12th, 2016
Discussion II
• EE investments’ contribution to core business and
competitiveness perceived as drivers moderately
important or important for 45-60% of companies.
But NEBS (which significantly raise ee investment
contribution to value-costs-risks competitiveness)
are rarely or not taken into account in investment
asessment (qualitative / quantitative) by 53%.
• Energy management level is very moderately
correlated with strategicity level and investment level.
• 35-40% of the respondents see no impact on
competitiveness or profitability of ee investments.
30% are not able to evaluate the impact.
INFRAS - University ofNeuchâtel - Impact Energy Catherine Cooremans – eceee summer study – Sept. 12th, 2016
Conclusions
13. 13
INFRAS - University ofNeuchâtel - Impact Energy Catherine Cooremans – eceee summer study – Sept. 12th, 2016
Thank you!
catherine.cooremans@unine.ch
Huge diversity between companies.
Relationship of influence not observed yet and
few hypotheses confirmed.
However results enable comparison with
previous studies and give the first extensive
picture of Swiss large-scale energy consumers
and of their ee investment practices.
More answers to the questionnaire are needed
(2nd wave of sending now).
More analysis is needed.