Enterprise Energy Management: The Key to the Right Power At the Right Price

Abstract

ABSTRACT The evolving global energy environment is more closely connecting the needs of large industrial, commercial, and institutional energy consumers with those of the power utilities and energy services companies that serve them. In some regions, deregulation of the electricity industry is introducing consumer choice, competition amongst energy suppliers, and significant demands on the electrical infrastructure. Beyond price, large energy consumers are increasingly demanding higher value for their energy investment. For many businesses, especially those that are part of the burgeoning digital economy, this includes an expectation of energy delivered at higher levels of quality and reliability. These factors are driving enterprises on both the supply and demand side of energy to seek better strategies to manage the cost and quality of the energy product and the energy assets that produce, deliver, control and consume it. However, to achieve this, all enterprises face three very large and fundamental ch...