Energy accounting
Energy accounting is a system used to measure, analyze and report the energy consumption of different activities on a regular basis.[1] This is done to improve energy efficiency,[2] and to monitor the environment impact of energy consumption.
Energy management
Energy accounting is a system used in energy management systems to measure and analyze energy consumption to improve energy efficiency within an organization.[2] Organisations such as Intel corporation use these systems to track energy usage.[3]
Various energy transformations are possible. An energy balance can be used to track energy through a system. This becomes a useful tool for determining resource use and environmental impacts. How much energy is needed at each point in a system is measured, as well as the form of that energy. An accounting system keeps track of energy in, energy out, and non-useful energy versus work done, and transformations within a system. Sometimes, non-useful work is what is often responsible for environmental problems.[4]
Energy balance
Energy returned on energy invested (EROEI) is the ratio of energy delivered by an energy technology to the energy invested to set up the technology.
See also
References
- ^ ENERGY ACCOUNTING: A Key Tool in Managing Energy Costs, 2000
- ^ a b Accounting: Facility Energy Use (in Encyclopedia of Energy Engineering and Technology)
- ^ E. Curry, B. Guyon, C. Sheridan, and B. Donnellan, “Developing an Sustainable IT Capability: Lessons From Intel’s Journey,” MIS Quarterly Executive, vol. 11, no. 2, pp. 61–74, 2012.
- ^ Science Notes: Energy Accounting and Balance Archived 2010-01-05 at the Wayback Machine