ABSTRACT

Huge economic opportunities exist worldwide to improve energy efficiency, pay for update and expansion of aged infrastructure, create jobs, increase productivity, and reduce emissions. To accomplish this effort, a twofold commitment is essential. The first commitment is to focus on energy supply systems efficiency. The second is to take advantage of the communication and asset management potential the internet offers to manage risk in a dynamic marketplace. Building and managing highly efficient energy supply systems, including electricity generation, require a commitment to gaining the greatest British thermal unit (BTU) value out of every unit of energy consumed. The answer to systems design, investment, and management is integration. In simple terms, customers and energy suppliers must invest together to update, size, and manage utility and customer energy supply systems to meet efficient end-use requirements. The risks associated with energy systems investments are a moving target. A dynamic, Web-based energy master planning and asset management tool offers the capability to compare project investment options, make timely updates of market changes, and report results. All disciplines impacting energy systems can communicate and manage change. Businesses and organizations require adoption and commitment to an operating software system that is their master business planning and asset management standard. Web-based workflow connects all the elements of integrated energy systems needed to manage market and business interactivity and create the lowest energy unit cost at the highest reliability. This entry provides the methodology and Web-based reports needed to support integrated energy supply systems investment and asset management. Further details of the data entry and formulas are found in a software tool called https://Opassess.com">Opassess.com that is available as freeware.