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How can you quickly find energy efficiency opportunities?

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Energy efficiency is not only good for the environment, but also for your bottom line. By reducing your energy consumption, you can save money, improve your productivity, and enhance your reputation. But how can you quickly find energy efficiency opportunities in your business or organization? Here are some tips to help you identify and prioritize the low-hanging fruits of energy saving.

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José Sousa Pinto

Engenheiro eletrotécnico com 20+ anos. Experiência em engenharia, energia e negocia??o. Proficiência em modeliza??o…

1 Assess your current situation

The first step is to understand how much energy you are using, where, when, and why. You can use various tools and methods to collect and analyze your energy data, such as utility bills, meters, sub-meters, sensors, audits, surveys, or benchmarks. You can also use software or online platforms to track and visualize your energy performance indicators (EPIs), which are metrics that measure how efficiently you use energy for a specific activity or output.

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José Sousa Pinto

Engenheiro eletrotécnico com 20+ anos. Experiência em engenharia, energia e negocia??o. Proficiência em modeliza??o, análise técnica, análise de dados. Solucionador de problemas e facilitador de decis?es.
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I agree with most of the tips, but let me mention the importance of visiting the field and understanding how the installation works. Visits complement and give context to the evidence that the analytical analysis produces.

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2 Set your goals and targets

Once you have a clear picture of your current energy situation, you can set realistic and achievable goals and targets for improving your energy efficiency. You can use the SMART framework to make sure your goals are specific, measurable, attainable, relevant, and time-bound. You can also align your goals with your strategic objectives, your budget, and your stakeholders' expectations.

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José Sousa Pinto

Engenheiro eletrotécnico com 20+ anos. Experiência em engenharia, energia e negocia??o. Proficiência em modeliza??o, análise técnica, análise de dados. Solucionador de problemas e facilitador de decis?es.
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Some countries, such as Portugal, have specific legislation on energy efficiency objectives. In any case, including the investment opportunity in the assessment is essential, giving the strategy a broader purpose.

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3 Identify and prioritize opportunities

Now that you have your goals and targets, you can start looking for opportunities to reduce your energy consumption and waste. You can use various techniques to identify and prioritize opportunities, such as brainstorming, checklists, best practices, gap analysis, or Pareto analysis. You can also categorize your opportunities into three types: no-cost or low-cost, medium-cost, and high-cost. No-cost or low-cost opportunities are those that require little or no investment and can be implemented quickly, such as adjusting the thermostat, switching off lights and equipment, or fixing leaks. Medium-cost opportunities are those that require some investment and have a moderate payback period, such as installing energy-efficient lighting, insulation, or sensors. High-cost opportunities are those that require a significant investment and have a long payback period, such as replacing old equipment, upgrading the HVAC system, or installing renewable energy sources.

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4 Implement and monitor

The next step is to implement your selected opportunities and monitor their results. You can use various tools and methods to plan and execute your energy efficiency projects, such as project management software, action plans, schedules, budgets, or contracts. You can also use your EPIs to measure and evaluate the impact of your projects on your energy consumption and savings. You can also compare your actual performance with your expected performance and identify any gaps or deviations.

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5 Review and improve

The final step is to review and improve your energy efficiency performance and practices. You can use various tools and methods to review and improve your energy efficiency, such as feedback, reports, audits, surveys, or reviews. You can also use the Plan-Do-Check-Act (PDCA) cycle to continuously monitor and improve your energy efficiency processes and outcomes. You can also celebrate your achievements and share your best practices with your team, your customers, and your partners.

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6 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?

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How can you quickly find energy efficiency opportunities?

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1 Assess your current situation

2 Set your goals and targets

3 Identify and prioritize opportunities

4 Implement and monitor

5 Review and improve

6 Here’s what else to consider

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