courses

Energy Cost Reduction - Efficiency and On-Site Generation

Topic Sustainability

CPD Hours 6

Overview

Learn how to reduce energy demand and cut energy costs

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.

Learning outcomes

By the end of the course you will understand:

  • technology options for energy efficiency and on-site generation
  • energy markets overview: simple economic analysis tool
  • risk, emissions and future trends.

Who will benefit?

  • Engineers looking to understand the economic impacts of energy efficiency and on-site power and thermal heat systems
  • Individuals interested in operational efficiency and cost reduction and those responsibility for energy systems, strategy or energy procurement

Course Outline

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

Energy markets overview: analysis tools

  • Overview and trends
  • Electricity pricing and tariff structures
  • Project feasibility and evaluation
  • Project delivery models
  • Attracting investment and funding
  • Exercise two - levelized cost of energy generation

Risk, 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

Discounts are available

To companies booking more than one place:

  • 2 places - 5% discount
  • 3 places - 10% discount
  • 4 or more places - 15% discount.

Multiple places must be booked at the same time to qualify, email austcourses@icheme.org for more information.

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