The efficiency of using the energy resources of the enterprise.

Abstract

The article discusses a necessity of energy conservation, development of optimum activities that promote energy efficiency and improve its performance. Managing and reducing energy consumption not only saves money but also helps in mitigating climate change and enhancing corporate reputation. The primary objective of energy management is to achieve and maintain optimum energy procurement and utilisation, throughout the organisation which may help in minimizing energy costs and mitigating environmental effects. Infact, energy management is widely acknowledged as the best solution for direct and immediate reduction of energy consumption. Energy should be regarded as a business cost, like raw material or labour. Companies can achieve substantial reduction in energy bills by implementing simple housekeeping measures. Reduction and control of energy usage is vital for an organization. As a result, increasing the use of energy-efficient technologies should be the one of the main priorities of the government’s regional policy.