utilization of existing energy resources
Energy planning is an essential strategic management tool that enable organizations to make informed decisions about their use of energy, and how this energy is obtained. It is necessary for all organizations to implement an energy plan that is based on future projections for energy demand, available fuels and sources, the mix of technologies, and fuel prices. Energy management focuses on the utilization of existing energy resources, including electricity, fuels, natural gas, and petroleum. There are many approaches to energy planning, including fuel economics, environmental management, and carbon reduction.
The five topics most frequently investigated in energy planning are:
* Emission Reduction – How do we reduce our greenhouse gas emissions? * Transport – How can we improve transport efficiency? * Electricity – How can better energy solutions be implemented? * Hydropower / Wind – How to convert wind and water power to electricity? * Industry Strategies – How can changes in the industry affect our overall efficiency? * Governmental Initiatives – How do governmental policies help us reduce greenhouse gas emissions? * Business Initiatives – How can business improvements help us achieve our energy goals?
* Hydropower / Wind – How to convert wind and water power to electricity? * Greenhouse Gas Emissions – What are our greenhouse gas emissions? * Alternative Sources – How do we get energy from other sources? * Alternative Energy Initiatives – How do we implement energy saving techniques in our everyday lives? * Energy Security – How do we strengthen our energy security?
Organizations involved in energy planning must assess the sources of their energy and the quantity they need, as well as the sources that are available. They need to evaluate their energy demand, examine alternative sources, and determine ways to decrease the amount of energy they consume. A “Greenhouse Gas Inventory Survey” is one way to estimate the quantity of gas consumed by an organization’s domestic power production and can be done by a professional organization like the National Association of Manufacturers, or NAM.
energy consumption and produce cleaner energy
In addition, organizations involved in energy planning can also learn about the technologies that are available to reduce energy consumption and produce cleaner energy. For example, advancements in thermal mass production have made it possible to produce more energy from the same amount of natural gas, coal, and oil than it takes to produce similar quantities of energy from nuclear fission. Researchers and producers are working on next-generation energy systems, such as carbon capture and “scaling”, that can reduce emissions while increasing the efficiency of generation. These are long-term solutions, and we don’t know what a carbon-free future will look like in the next several decades.
The goal of an integrated resource planning approach is to allow some risk for growth while determining how that risk can be mitigated. It’s not enough to say “we’ll build a better dam to replace our current dam”. An evaluation of the dam, including the surrounding soil and water quality, wind patterns, traffic patterns, and local climate are needed. But the dam project won’t be able to raise the market value of the surrounding property, create new jobs, reduce fuel use, or raise average income – things that are part of the overall value of energy consumption.