6. EnergyPoints Analytics - "The world's first true energy ERP"
Statement:
There are five fundamental problems with methods used to measure environmental sustainability today:
• Complex and non-intuitive units (mBTU, kWh, MtCO2e, Acre-feet) make resource management difficult to understand or act on
• Resources are measured in silos and not comparable (electricity, water, waste, materials, travel)
• Geographical context and time of use are ignored
• Renewable energy is assumed to be an absolute benefit and measured separately
• CO2 is used for reporting only
Summary:
EnergyPoints Analytics™ helps people effectively manage their resources and make more intelligent decisions to reduce cost and risk using an innovative measurement system designed to appeal equally to financial and environmental interests. Complex and unintuitive metrics like CO2, MMBTU and kWh are converted into a single understandable measurement that applies across all resources. EnergyPoints Analytics makes resource management and environmental sustainability practical, actionable and measurable. The system uses geographical context for increased accuracy and provides the only one-to-one comparison of all resources (energy, water, waste, travel and materials) in the market.
• For the executive, the system provides corporate level visibility, goal setting, tracking, budgeting, and analytics using one intuitive metric that captures financial risk and environmental impact appealing equally to CFOs and CSOs.
• For facility managers, EnergyPoints Analytics provides comparison of disparate projects such as solar panels, EV charging stations, water conservation and waste diversion in an “apples to apples” manner from a sustainability perspective while providing all the standard financial measurements for comparison (NPV, annual savings, payback).
• For sustainability managers, Energy Points offers a quantitative vocabulary to measure and communicate the environmental performance of an organization allowing them to effectively collaborate with colleagues in facility and financial roles.
The Energy Points concept is based on translating resource consumption into primary energy. The energy intensity or efficiency of a resource is carefully calculated to serve as a proxy for the risk associated with it. For example, durable water production is more energy intensive in dry regions relative to wet regions. Electrical production is more energy intensive using fossil fuels than renewable resources. The embodied energy in waste streams and the amount recaptured by recycling programs represents a significant portion of our overall energy footprint. To make the system intuitive and usable for a wide audience, all energy measurements are normalized relative to the energy content and emissions of one (1) gallon of gasoline, or one Energy Point™.
Why it should be recognized:
Energy Points is designed to solve the five fundamental problems identified above:
• Complex units (mBTU, kWh, MtCO2e, Acre-feet) are converted to a single intuitive metric, an Energy Point. We started with the most well understood energy metric to consumers (gallons/liters of gasoline) and designed a complex backend calculation engine to express results in intuitive units for mass appeal and understanding.
• All resource (electricity, water, waste, materials, travel) are measured using a single common denominator, primary energy. This concept allows for comparison across resources and offers insight unavailable with other systems.
• Each resource is carefully calculated to include geographical context and time of use. Scheduled updates for each calculation ensure accuracy and timely information.
• Renewable energy sources (hydro-electric, wind, solar, etc.) are measured independently and quantified in a manner that enables richer comparison to traditional fossil fuels.
• CO2 and emissions are embedded into Energy Points calculations. The methodology identifies financial and environmental risks and allows organizations to more effectively manage both.
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Submitted: Nov 20, 2012
Author: Bill Rebozo
Categories:
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URL: http://www.energypoints.com/