Assessment Criteria Energy Audit and Energy Assets Management
Industrial Application of Energy Audit
Overview The excessive use of energy in industrial sectors always necessitates questions on how
energy can be used more efficiently. The challenges associated with the cost and price of
electricity, renewable energy, energy security, and sustainability is now and area of interest. The
risk of asset failure and reliability can lead to uncertainty in asset performance hence energy
shortage. Performing an energy audit would enable the energy audit analyst to carefully evaluate
the efficient use of energy. Problems are likely to occur when conducting energy audits for
industrial/manufacturing facilities than for smaller commercial facilities or even large buildings
since the equipment and operation of industrial facilities are more complex.
In this coursework, you are expected to choose an industrial asset/facility and perform an energy
audit and conduct failure analysis and discuss the risk management process to be put in place to
ensure energy security. Identify specific areas where potential problems can occur and conduct
reliability analysis. Develop methods and clearly explain the approaches used to address the
problems. List the equipment/facility and estimate its energy consumption and demand where
necessary use the data collected from the facility such as failure of the equipment, operating hours
and consumption (expressed either in kWh, Therms, etc…). Develop energy balance for a list of
Energy Conservation Measures (ECM). Use at least two ECM categories and consider the energy
streams by discrete functions. Discuss the data/information, tabulate the data and carry out
exploratory analysis for the data (such as event frequencies, histogram, or bar charts) and discuss
issues identified with the data information. Use suitable statistical, reliability and risk management
techniques from your lecture notes. Firstly, obtain data information about the energy consumption
of the system, failures, usage and maintenance at the present state and identify the factors affecting
it the system. Secondly, identify the economic opportunities for improving the efficiency of the
system and achieving potential cost savings. Give concluding remarks and recommendations based
on your findings. NOTE: A clear understanding of your description of the approaches used should
be demonstrated and aligned to the assets/facility in question (see assessment criteria).
NOTE: A clear understanding of your description of the approaches used should be
demonstrated and aligned to the assets/facility in question (see assessment criteria).
Assignment should be between 1500 – 2000 words
Date- on or before 07.05.2023
Min- 3 or 4 picture or pi chart/bar chart
Start with CONTENTS, Abbreviation etc.
In this task, you have to cover following points
[1]- Discuss the challenges of energy scene and relate it to audit process and industrial audit
opportunities. Clearly define the types of energy audits and show how it applies to the industrial
facility under study. (20%)
[2]- Give an explanation of the types, phases and process of energy audit components relating to
the industrial facility investigated and define the energy conservation measures (ECM) considered
and why?. (30%)
[3]- Conduct an energy accounting data analysis, statistical and reliability analysis of your
industrial facility selected and discuss the risk management process. Use graphs/charts to show the
load factor, consumption trends and failure frequency. (25%)
[4]- From the perspective of life cycle costs, the cheapest investment is usually not the most
economical choice. If life cycle costing is considered in decision making, justify the choice in
making decisions on the investment. (20%)
[5]- References and appendices (use Harvard referencing or numeric style) (5%)