The Changing Landscape of Energy Management Systems
At one time, energy management was the province of large facilities such as factories, large offices complexes, government buildings and hospitals. But as energy costs have continued to rise - with no end in sight - the imperative to manage and reduce energy consumption has extended to small and medium-sized facilities as well. Today, a chain of relatively small buildings such as retail and food services establishments can significantly affect P&L through energy management.
Energy management is not only a financial matter – it is now a governmental and social priority.
Shortages and price fluctuations have convinced regulators of the need to incentivize responsible energy consumption through initiatives such as ISO 50001 and the Global Energy Efficiency Acts. At the same time, the perception of energy efficiency has become a brand imperative and conservation is now a central facet of corporate social responsibility programs.