energy-management

Vocabulary Word

Definition

'Energy management' involves monitoring, controlling, and conserving energy usage in a building, group of buildings, or other setting. It can include practices such as improving efficiency, switching to renewable sources, or reducing consumption.

Examples in Different Contexts

In corporate strategy, 'energy management' refers to the strategic planning and execution of actions to minimize energy use across a company. A CEO might declare, 'Our commitment to energy management is integral to our sustainability goals and financial performance.'

Practice Scenarios

Sustainability

Scenario:

Our commitment to environmental sustainability is central to our mission. Could we incorporate more renewable energy sources effectively?

Response:

I think a stronger commitment to energy management, including investment in wind or solar power, should be a key part of our sustainability strategy.

Business

Scenario:

Our company's energy consumption has been high recently. Perhaps we need to explore more advanced measures to curb this trend.

Response:

Yes, I agree. We should design a comprehensive energy management plan that includes ways to reduce unnecessary consumption.