Development of a global energy management system (GEMS) for the life sciences industry

Abstract

For multi-national companies, assessment of cost effective energy efficiency projects across a global site base is a complex problem involving multiple variables. This research project proposes a novel methodology for driving optimal energy efficiency and assessing capital projects at a global level. The project scope will cover the systematic development and implementation of a methodology that supports sustainable decision making within a ‘Global Energy Management System’ (GEMS). It will be based on the following four pillars: (1) Site Characterization (2) Performance evaluation via formalized key performance indicators (KPI's) and standards-based energy benchmarking (3) Shared learning and dissemination (4) Investment strategies incorporating business continuity process (BCP) and corporate social responsibility (CSR) in addition to standard financial performance metrics. A leading multinational medical device company with a diverse global presence will provide a robust demonstrator.