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Extra resources for A Practical Guide to Energy Management for Managers, 1st Edition
2. 2), and reference to your production volumes. This analysis will then enable you to develop patterns of usage. 3. Use the patterns of usage to predict future use and to generate targets to aim for. 3). The targets should be set at a level that is challenging yet achievable. 4. Share the information with all the workforce, and report progress periodically. This is important to ensure continued control of energy consumption and ongoing suggestions for further improvements. References 1. Bizee Degree Days.
2 Electrical Consumption The electrical energy consumption for this site was split between day units and night units, thus allowing for a more detailed analysis of the pattern of electrical usage. 6 illustrate firstly the total electrical energy consumed and then the split of day and night units. 5 is that there is a base load, regardless of weather conditions, of 64,161 kWh. This will reflect the activity of the business with machinery running every day, and essential lighting which will be in use all year round.
MRO may be defined as, ‘All actions which have the objective of retaining or restoring an item in or to a state in which it can perform its required function. ’ • Opportunity costs: This is the cost related to the next-best choice available to someone who has picked between several mutually exclusive choices. It is a key concept in economics. ’ The notion of opportunity cost plays a crucial part in ensuring that scarce resources are used efficiently. For example, an organisation that invests money in acquiring a new asset instead of spending that money on maintaining its existing asset portfolio incurs the increased risk of failure of its existing assets.