What is Energy Audit
Cost of Energy is a considerable component of product cost. Along with cost of raw material, labor and other inputs, Energy cost is also significant in product costing. That means using less energy for same product quality is going to improve cost competitiveness of the product. Energy Audit helps in optimizing the energy usage and hence cost of energy and helps to decide energy conservation majors.
Objectives of Energy Audit
The Energy Audit assesses and analyze the energy utilization and evaluate energy conservation majors. It identifies various energy inputs and cost of energy, assess energy consumption, relate energy input and production output, identify wastage of energy and areas for energy optimization. Suggest energy conservation majors.
Benefits of Energy Audit
Analysis of energy utilization, energy optimization, optimization of energy cost for same quality of production, achieving competitive cost of product.
Methodology
The steps involved in the audit process are
Collection of data on energy consumption and operational parameters ,
Study of plant operations and energy consumption,
Field measurements,
Identify the areas for energy optimization,
Suggest the solutions for energy optimization.