Monitoring and Targeting
The practice of energy monitoring and targeting (M&T) provides a systematic approach to gaining and maintaining control over energy consumption through measurement and analysis followed up by well directed actions.
The key steps to effective M&T are:
- Measurement of energy consumption over time,
- Measurement of influencing factors (weather, production, occupancy) over
corresponding time intervals,
- Development of a relationship (a model) between energy and the
- Establishment of reduction targets,
- Frequent comparison of actual consumption with targets,
- Reporting of consumption and target variances,
- Initiating actions to ensure targets are met.
Perhaps the most important step is the final one: initiating actions. Without this the entire effort will not succeed.
Energy cost savings are the primary objective of M&T systems.
Other benefits include:
- Improved budgeting and forecasting,
- Improved product/service costing,
- Tracking and verification of energy efficiency retrofits,
- Opportunity for improved operation and maintenance practices