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A Review on Energy Management and Audit

Anupama Gupta, Pallavi Verma, Richa Priyadarshani

In any industrial, commercial, and residential area the three top operating expenses are found to be energy, material or machine and labor. If we think to potential cost savings in each of the components, energy would invariably emerge at the top, so efficient use of energy and its conservation is the least cost option in any strategies. On the energy demand and supply side, India is facing severe shortage. 70% of the total petroleum product demand is being met by imports, imposing a heavy burden on foreign exchange. Country is also facing peak power and average electricity shortage of 12% and 7% respectively. An energy study of various sector of commercial industrial and residential area indicates that 5-20% energy can be saved. This paper discusses the common aspects of electrical energy management and various phase of Energy audit to reduce energy requirements and hence, the total cost spent towards energy consumption.