KMGT 648 5b
INTRODUCTION: According to Beggs (2009), energy audit can best be described as a study being carried out for the purpose of establishing and quantifying the cost of several energy input and flow in a given organization or facility over a said period of time. All for the purpose of reducing the cost of operations and saving cost.
Several ways of carrying out an audit exists and therefore it can be said that one particular process may not be suitable for all cases. The forms of auditing that are common according to Beggs (2009) are data collection from meters and invoices, carrying out studies of the generating plants, appliances and equipment that are present in a facility. Identification of problems within a facility, proffering immediate solutions and making available measures that could enhance savings from energy efficiency and ultimately encouraging investments in the future are the major reasons for an audit. Auditing can be through various ways such as: carrying out a utility cost analysis, standard energy, a walk through and a detailed audit but the facility in question would go a long way in determining the type to be used (Krarti, 2006).
CSI AUDIT:
Tata Iron & Steel Company set up the first steel plant in India in the year 1970. This is an indication that the steel industry is almost a century old. The level of modernization around the world and in India has led to the continuous rise in the demand for steel and resultantly has made the steel company to forge ahead.
One of the largest producers of steel in India is the CSI; having five distinct production lines; producing the highest in India which has led to the increase in her energy consumption and cost. This has led to the reason why an audit is required (to have energy conservation measures and also reduce operational cost for CSI (Duttaa & Mukherjeea, 2010). It is a very big facility that sits on 430 acres of land with a staff strength of over 1000. This is an indication that the audit process
Several ways of carrying out an audit exists and therefore it can be said that one particular process may not be suitable for all cases. The forms of auditing that are common according to Beggs (2009) are data collection from meters and invoices, carrying out studies of the generating plants, appliances and equipment that are present in a facility. Identification of problems within a facility, proffering immediate solutions and making available measures that could enhance savings from energy efficiency and ultimately encouraging investments in the future are the major reasons for an audit. Auditing can be through various ways such as: carrying out a utility cost analysis, standard energy, a walk through and a detailed audit but the facility in question would go a long way in determining the type to be used (Krarti, 2006).
CSI AUDIT:
Tata Iron & Steel Company set up the first steel plant in India in the year 1970. This is an indication that the steel industry is almost a century old. The level of modernization around the world and in India has led to the continuous rise in the demand for steel and resultantly has made the steel company to forge ahead.
One of the largest producers of steel in India is the CSI; having five distinct production lines; producing the highest in India which has led to the increase in her energy consumption and cost. This has led to the reason why an audit is required (to have energy conservation measures and also reduce operational cost for CSI (Duttaa & Mukherjeea, 2010). It is a very big facility that sits on 430 acres of land with a staff strength of over 1000. This is an indication that the audit process
References: Beggs, C. (2009) Energy: management, supply and conservation. Oxford: Elsevier Butterworth-Heinemann. Duttaa, M., & Mukherjeea, S. (2010) An outlook into energy consumption in large scale industries in India: The cases of steel, aluminium and cement, Energy Policy, 38(11) p. 7286-7298, 12p. Available at: http://ezproxy.liv.ac.uk/login?url=http://openurl.ac.uk.ezproxy.liv.ac.uk/?title=Energy+Policy&volume=38&issue=11&spage=7286&date=2010 [Accessed 17/11/14] Hasanbeigi, A. & Price, L. (2010) Industrial energy audit guidebook: Guidelines for conducting an energy audit for industrial facilities. [Online]. Available from: http://china.lbl.gov/sites/all/files/Industrial_Energy_Audit_Guidebook_EN.pdf (Accessed 17/11/14) Krarti, M. (2006) Energy audits for buildings [Online]. Available from: http://www.google.com.ng/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&uact=8&ved=0CDcQFjAA&url=http%3A%2F%2Fwww.colorado.edu%2FMCEN%2FSustainableEnergy%2FDocuments%2FReadingAssignments%2FWeek03%2FChapter16krarti.doc&ei=Tp2hU5L9C_SB7Qbds4CICA&usg=AFQjCNHH4PBxbYgg5o1oWkSfq4oez2syAw&bvm=bv.69137298,d.ZGU. Accessed 17/11/14. Wayne C Turner, Steve Doty (2006). Energy Management Handbook, Sixth Edition.