The University of Oxford professor of Economic Policy was tasked in August with leading an independent review into the cost of energy, and recommending ways of keeping energy prices as low as possible. The review forms part of the government’s Industrial Strategy and supporting its ambitious aims to achieve the lowest energy costs in Europe for homes and businesses.
Many in business will say this is long overdue. With a lot of organisations - large scale industry in particular - already paying some of the highest energy prices in Europe, this is an issue most will relate to. Businesses of all sizes are feeling the pinch, and for some it is an almost daily battle to control spiralling energy costs.
Managing energy use in your business
Most organisations know how much energy they are using on a weekly - even daily - basis, and its associated costs. But how many know just how efficiently that energy is being used, and where consumption could potentially be reduced or savings made?
The good news is technology is here to help.
A Building Management System (BMS) will bring together security, lighting, heating, air conditioning, access, fire and intruder alarm system control to keep your premises working effectively.
Add an intelligent Building Energy Management System
(BEMS) into the mix, however, and you take things a stage further.
A BEMS will collect, collate and report data on energy use across all of these different areas - and multiple sites - which in turn lets you see where energy savings can be made throughout your estate. The energy management system collates data from a range of sources into a single dashboard for quick and easy analysis.
Using that data can help you reduce energy costs and waste, optimise your existing building management system (BMS), meet performance standards - such as ISO 50001 - as well as making informed decisions about energy saving measures and investments across your estate. Essentially, it turns a reactive building management system (BMS) into a vital management tool.
You can see how we helped The Times Top University of the Year use a BEMS to successfully manage energy data here
. And, while we wait for government to take steps to reduce energy costs, why not see whether an energy management system could help you achieve this in your organisation much sooner? Talk to us