Energy monitoring and targeting is an energy efficiency technique based on the standard management axiom stating that “you cannot manage what you cannot measure”.
Monitoring and targeting techniques provide energy managers with feedback on operating practices, results of energy management projects, and guidance on the level of energy use that is expected in a certain period. Importantly, they also give early warning of unexpected excess consumption caused by equipment malfunctions, operator error, unwanted user behaviours, lack of effective maintenance and the like.
The foundation of monitoring and targeting lies in determining the normal relationships of energy consumptions to relevant driving factors (HVAC equipment, production through puts, weather, occupancy, available daylight, etc.) and the objective is to help business managers:
Identify and explain excessive energy use
Detect instances when consumption is unexpectedly higher or lower than would usually have been the case
Visualise energy consumption trends (daily, weekly, seasonal, operational…)
Determine future energy use and costs when planning changes in the business
Diagnose specific areas of wasted energy
Observe how changes to relevant driving factors impact energy efficiency
Develop performance targets for energy management programs
Manage energy consumption, rather than accept it as a fixed cost
The ultimate goal is to reduce energy costs through improved energy efficiency and energy management control. Other benefits generally include increased resource efficiency, improved production budgeting and reduction of greenhouse gas (GHG) emissions.
Benefits for your Business
Increased Energy Efficiency
Pinpoint energy waste, identify saving opportunities in real time, and reduce costs with device level monitoring.
Reduced Operational Cost
Improve operational efficiencies and reduce total cost of operations through the use of more granular level operational data.
Improve Sustainability Reporting
Use historical device level data across the entire energy portfolio to report on environmental impact and sustainability measures and objectives
Avoid downtime while ensuring efficiency and effectiveness by optimizing preventative and condition-based maintenance needs