The introduction and the enforcement of Efficient Management of Electrical Energy Regulations 2008 has obviously made the requirement to have qualified energy managers the same level with other regulatory requirements…
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Energy Management and Its Impacts to The Business and ESG Performance
Energy management has and will continue become a much more significant practice and requirement in the future. It will become an important and necessary part of how energy is generated, consumed, and viewed that involved many parties in the energy industry.
The growing concern in addressing the climate crisis caused by the global warming means that it is imperative that a more sustainable and energy efficient lifestyle and business operations need to be adopted.
With the uncertainty in the energy price which is on the increasing trends at the current economic climate, energy management is expected to be a must and no longer an option especially for energy intensive industries.
On top of that, the financial benefits of energy management when done systematically and effectively give it attractive incentives that makes it worth for every investment made.
While the more obvious attention is always given to the increasing share of renewable energy sources in the energy transition, energy management is the best strategy to ensure all usable energy generated from non renewable and renewable energy sources is utilised at the lowest level of energy wastage.
It is impossible to achieve the net zero target by 2050 without energy efficiency and energy management is the core part of it.
