Assessing capital investment on energy improvement projects from a global energy management perspective: a tri-generation case study
Keane, Marcus M.
MetadataShow full item record
This item's downloads: 141 (view details)
Coffey, Ronan and Coakley, Daniel and Sterling, Raymond and Finnerty, Noel and Mcdonagh, Shane and Keane, Marcus M (2016) Assessing Capital Investment on Energy Improvement Projects from a Global Energy Management Perspective : A Tri-generation Case Study, Paper presented at the 9th International Conference Improving Energy Efficiency in Commercial Buildings and Smart Communities (IEECB and SC'16) Frankfurt, Germany,
For multi-national companies, assessment of energy improvement projects across a global site-base requires a thorough understanding of the driving factors affecting energy consumption on each site. Traditionally, assessment is performed on the basis of single site-level audits. These audits provide quantitative metrics for the implementation of energy improvement projects such as economics (capital cost, operating costs, return on investment, net present value) and energy/greenhouse gas reductions. However, audits do not typically assess, holistically for all sites, metrics concerning the three levels of abstraction namely system, facility and global. In order to improve effectiveness of capital spending in terms of corporate social responsibility (CSR), sustainability, business continuity and return on investment, it is necessary to develop standardised approaches for auditing sites across a global sitebase. Within this context, Boston Scientific, a leading multinational medical device company with a diverse global presence, is currently in the process of implementing a global energy management system (GEMS) in order to improve corporate decision-making on capital energy efficiency spending. The paper will illustrate, from a site’s perspective, the interactions between a typical energy project life cycle and the GEMS corporate energy management system.
This item is available under the Attribution-NonCommercial-NoDerivs 3.0 Ireland. No item may be reproduced for commercial purposes. Please refer to the publisher's URL where this is made available, or to notes contained in the item itself. Other terms may apply.
The following license files are associated with this item:
Showing items related by title, author, creator and subject.
Super-insulate or use renewable technology? Life cycle cost, energy and global warming potential analysis of nearly zero energy buildings (NZEB) in a temperate oceanic climate Moran, Paul; Goggins, Jamie; Hajdukiewicz, Magdalena (Elsevier, 2017-01-13)There are numerous strategies available to design and construct a low energy or nearly zero energy building (NZEB). However, the design strategy for a building depends on a high number of factors including location, climate, ...
Mobilising IS to support the diffusion of energy management practices outside of Ireland¿s LIEN (Large Industry Energy Network) Costello, Gabriel (Association Information et Management, 2010-05)Ireland is under increasing pressure to reduce energy consumption to meet carbon emission targets and protect an economy that is almost totally dependant on imported energy. The implementation of no cost and low cost ...
Defining corporate energy policy and strategy to achieve carbon Emissions reduction Targets via energy MANAGEMENT in non-energy intensive multi-site manufacturing organisations Finnerty, Noel; Sterling, Raymond; Contreras, Sergio; Coakley, Daniel; Keane, Marcus M. (Elsevier, 2018-03-14)Research on the characteristics of long-term energy policy and associated strategies in multisite manufacturing organisations is limited. Non-energy intensive multinationals do not face the environmental regulations ...