Impact of energy on your profits is not new. It is one of the foremost factor, to which most of the organization pay less attention. In any industry, the three top operating costs are often found to be energy (both electrical and thermal), labour and materials. Among the three, energy has the highest potential for cost reduction. So, if steps are not taken towards control on energy performance, now, the future of the businesses will be unfortunate. Adopting following energy efficient practices can lead your organization to increased energy performance.
Culturing Energy in your Work Culture
Organizations need to rethink and evolve a management system, which considers energy in daily affairs. Energy Management System (EnMS) of ISO 50001 could be positioned by the energy guzzling facilities in order to improve energy performance.
Have a re-look and consider the following low-cost measures, to improve energy performance:
- Planning of facilities
- Capacity utilization
- Augmenting maintenance practices
- Life cycle perspective
- Energy considered, purchases
- Capacity building of people, focused on energy efficiency, use & consumption
- Awareness Campaigns
- Energy management system of ISO 50001:2018
Evolving Risk Associated with Energy
Considering risk, helps an organization to manage possible impacts on energy in an efficient and effective way. Consider following risks and evolve the Energy Management System.
- Poor planning
- Inadequate condition monitoring
- Insufficient maintenance practices
- Poor service performance by service providers
- Poor asset reliability
- Energy losses & leakages
- Poor skills and understanding of energy centric working
- Mis-informed decision making
Organization will be compelled to identify and prioritize the risk and opportunities in order to take effective action to address the strategic direction, which will lead to growth of the company’s energy performance, thereby increased profits.
Yes, to Compliance
Most of the organizations consider legal compliances as a hurdle but not complying with legal compliances leads to inefficient energy performance and higher energy expenses. Energy deployed for illumination could be costly, whereas a general illumination could have met the requirement.
Conclusion:
The BIG picture suggests that energy centric work culture, thinking risk and compliances can impact organizational energy performance, profits and productivity. Complexities of energy scenario of the company can always be dealt, effectively by engaging partners who understand how to guide and coach energy managers of the company. Organizations need to prepare themselves for the future of work and adopt energy efficient practices in order to be efficient day by day.
Bibliography:
Image Source: https://www.foodmanufacture.co.uk/Article/2014/08/11/Saving-energy-a-moral-responsibility-food-firms-told