Energy Management System under Energy Conservation

Question: Discuss about the Energy Management System under Energy Conservation. Answer: Introduction ISO 50001 is developed by International Organization for Standardization for managing of the energy requirements. The standard specifically reveals the desired requirements for the establishment, implementation, maintenance and improving the different energy management systems (Monaghan, 2014). The primary purpose is to enable the organizations for following a systematic approach in order to achieve continual improvement of the energy performances. This energy performance includes the energy efficiency, energy use, energy consumption and energy security. The standard helps in reducing the use of the energy, the cost price of the energy use and the emission of the greenhouse gasses. Main context ISO 50001 was basically released in June 2011 by ISO and is supposed to be suitable for any firm o different size, sector or the geographical location. This particular system is modeled after the launch of the EMS that is the system for the environmental management (Wongsapai, 2016). There are several reasons to use this such as for improving the energy-related performance and the energy efficiency continuously as to reduce the energy reduction opportunities. The use of this particular systematic approach generally helps different firms for establishing systems as well as the processes. The energy consumption and the effective use of the energy resources is a matter of concern and the organization I engaged in reducing the energy use possibilities. The consistency in the energy management initiatives helps the organizations to realize the untapped energy potential efficiency (Forbes and Walker, 2016). Reduction in the cost price of the energy use will help in increasing the effective ness of the performance of the different organizations concerned. ISO 50001 has formulated a major leap raising the bar urging the organizations to explain that they have significantly improved their overall energy performances. It is a matter of fact that there are no specifically mentioned for the targets- an organization needs to choose its own target and then it must develop an action plan in order to achieve the concerned action plan. In order to bring out the desired benefits for the concerned organization, the development of the action plan or following a systematic approach is supposed to be more important. There are different organizations of different sizes and types for which the reduction of the energy use is the primary aim (Andrade et al., 2015). Therefore, there needs to be significant use of the desired approach in order to reduce this energy consumption and to evaluate the effectiveness of the entire firm concerned. There are seven of the major components of ISO 5001: General requirements Managing the responsibilities Energy policy Energy action plan Implementation and operation Performance audits Management review ISO 5001 provides the desired framework of different requirements in order to help the firms: Development of policy for effective and efficient use of energy Fixed targets along with objectives to meet the policy Using of data in order to understand the use of energy consumption in a better way Measuring the results Reviewing the effectiveness of the policy Continually improving the use and managing of the energy References Andrade, J.C.S., and de Oliveira, J.A.P., 2015. The role of the private sector in global climate and energy governance.Journal of Business Ethics,130(2), pp.375-387. Forbes, D. and Walker, K., 2016, April. Operational Benefits of an Integrated QHSE and Sustainable Development Management System: A Case Study from the UK. InSPE International Conference and Exhibition on Health, Safety, Security, Environment, and Social Responsibility. Society of Petroleum Engineers. Monaghan, P.F., 2014. Lessons Learned: Guidance based on Early Experiences of Implementing ISO 5001 and SEP. Wongsapai, W., 2016. Performance Tracking of Thailand's Energy Management System under Energy Conservation Promotion Act.Energy Procedia,100, pp.448-451.