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Humans have been too caught up in modern time to realize the most essential factors that keep everything running. In the long run to succeed and grow and move further, we cannot ignore the fact that the use of energy makes it all possible. We need energy for everything, from powering our homes or to use technology down to clothing and feeding us; everything requires energy.

Energy is the ability of a body to do work or to produce a change. It cannot be created or destroyed, rather changed from one form to another. Two basic types of energy are kinetic energy and potential energy. Kinetic energy is associated with motion and potential energy with nature, state or position.

Energy has become the key point in all our economic sectors of business. Energy powers our industry, plays a main role in transport, provides us with electricity and heat and contributes to the way of our lives. It has been estimated that by the year 2050, worldwide energy demand would have doubled. What bigger reason can there be to start using energy more efficiently?

The use of different sources of energy from the nature has contributed mainly to the development of our society and environment. Although the primitive man knew how to cook food using fire, it developed machines like stoves which increased the usage of energy as a whole. Ever since man has discovered the natural energy present, he has been developing ways and machines to use that energy to make life more comfortable.

The energy business or the energy industry comprises of all the different industries which deal in the production and sale of energy, which includes the steps of extraction, manufacturing, refining and distribution. Mainly, the energy business includes various industries, e.g., coal industry, petroleum industry, gas industry, electricity industry, nuclear power industry, etc. Keeping in mind the drastically increasing demand of the usage of natural energy sources, it is highly important to use it more efficiently. Imagine your great grandkids having to face the problems of running out of fuel or coal or even electricity!

For businesses, energy management is the process of monitoring and efficiently controlling and conserving energy. For any industry, energy business management should be the foremost task. By utilizing the available energy resources more efficiently without incurring additional costs, we can save up on energy.

By finding opportunities to save energy and evaluating how much energy each opportunity requires or its alternative could save, by metering your daily or weekly energy consumption and collecting proper data for analyzing, energy business management can be done effectively. Devising energy saving policies or strategies can be another step. Businesses can take action to target the opportunities to save energy by upgrading equipment that has become inefficient. All of this would be meaningless if tracking the progress is not carried out properly.

For an organization, energy management is the key to saving global energy. By managing and reducing energy consumption, businesses not only save money, but contribute in helping the environment and improving corporate reputation.


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