Energy Cost Reduction – Efficiency and On-Site Generation

Date From: tbc
Location: Australia
Description: Dramatically rising energy prices means that Australian businesses need to find efficiency gains or cheaper energy sources to remain competitive. This course will outline strategies for dealing with both sides of energy costs: reducing energy demand and lower cost energy options. Both power and thermal heat will be addressed against the backdrop of the current market landscape and technology options that are proven and economically viable.
Event Type: IChemE Course
Venue: Melbourne, Australia
Organiser: IChemE
Contact Name: Courses department
Contact Phone: +61 (0) 39642 4494
Contact Email: austcourses@icheme.org

Date to be confirmed.

Overview

Dramatically rising energy prices mean that Australian businesses need to implement energy efficiency or find cheaper energy to remain competitive. This course will outline strategies for dealing with both sides of energy costs: reducing energy demand and lower cost energy options. Both power and thermal heat will be addressed against the backdrop of the current market landscape and technology options that are proven and economically viable.

Course outline

Session one: Technology options for energy efficiency and on-site generation

  • two sides of the coin: energy demand and energy generation
  • how to get more value out of the same amount of energy
  • grid versus grid parallel versus island mode
  • reciprocating engines versus turbines
  • waste to energy
  • exercise one – simple concept level analysis tools for waste heat recovery, co-gen and tri-gen  

Session two: Energy markets overview; simple economic analysis tools

  • overview and trends
  • electricity pricing & tariff structures
  • project feasibility and evaluation
  • project delivery models
  • attracting investment and funding
  • exercise two – levelised cost of energy generation


Session three: risks, emissions and future trends

  • risk assessment and management 
  • renewable Energy Credits
  • current state of play in Australia: carbon reporting and pricing
  • emissions Reduction Fund
  • threats and opportunities
  • strategies for future proofing
  • exercise three – risk

Who will benefit

  • engineers looking to understand the economic impacts of energy efficiency and on-site power and thermal heat systems
  • individuals interested with operational efficiency and cost reduction

  • those with responsibility for energy systems, strategy or energy procurement

Fees

IChemE member
 AUD$970 (inc GST)
Non-member
AUD$1100 (inc GST)

Discounts

Discounts are available to companies booking more than on place. 

Two places - 5% discount
Three places - 10% discount
Four places - 15 % discount

Multiple places must be booked at the same time to qualify.

Course presenter

Gareth M Forde, PhD BE(Hons) CEng CSci RPEQ (Chem & Enviro) FIChemE, All Energy Pty

Gareth advises businesses on energy cost reduction and the economic and operational advantages of on-site process heat, power generation and energy efficient technologies. Providing strategic energy, emissions and sustainability advice to the private and public sectors, Gareth provides clarity on complex problems. Rising power and fuel costs means that “behind the meter” solutions must be found to firstly reduce energy demand, followed by extracting more value from the same amount of energy followed by how to generate energy on-site in a cost effective manner. This relevant for businesses that are connected to a grid or operating off-grid facilities. Gareth has developed methods for assessing the technical and economic viability of energy efficiency and generation projects from the vast array of available processes and technologies. 

Gareth is a Fellow of the Institution of Chemical Engineers as well as being a Registered Professional Engineer in the areas of chemical and environmental engineering. Gareth has been a Registered Greenhouse and Energy Auditor (currently administered by the Australian Government’s Clean Energy Regulator) since 2010, holds a BE(Chem) from the University of Queensland and a PhD(Engineering) from Cambridge University, UK


Duration (for CPD recording purposes): up to 6 hours

If you are recording mandatory CPD you should refer to your own regulator's requirements as recognition of CPD hours may vary.
IChemE member? Log your CPD via mycareerpath

IChemE is a registered charity in England & Wales (214379), and a charity registered in Scotland (SC 039661).