Monitoring & Analysis (MM&T)
The purpose of monitoring and targeting is to relate business energy consumption data to the appropriate energy drivers, for example weather, production figures, daily usage etc. In this way clients gain a better understanding of how energy is being used. In particular, it will identify if there are signs of avoidable waste or other opportunities to reduce consumption.
Data collection may be manual, automated, or a mixture of the two. To be effective in the long term, once an MM&T scheme has been set up, its routine operation must be neither time consuming nor complex. An MM&T scheme will provide essential underpinning for current energy management activities and suggest new opportunities.
The ultimate goal is to help business managers:
• Identify and explain excessive energy use – a forensic analysis of consumption
• Detect instances when consumption is unexpectedly higher/lower than would have been expected – exceptions reporting
• Draw energy consumption trends (weekly, seasonal, operational)
• Determine future energy use when planning changes in the business
• Observe how the business reacted to changes in the past
• Develop performance targets for energy management programs
• Manage energy consumption, rather than accept it as a fixed cost that a business has no control over.
The ultimate goal is to reduce energy costs through improved energy efficiency and energy management control. Other benefits will include increased resource efficiency, improved production budgeting and reduction of greenhouse gas (GHG) emissions.