Tool description for Monitoring and Targeting tool
The Monitoring & Targeting (M&T) tool provides SMEs with a trend for the energy consumption and an understanding of the correlation between energy consumption and production, which is used to set targets for energy efficiency improvements. The general objective of the M&T tool is to calculate energy efficiency targets by exploiting basic energy management information. The tool is built upon two concepts, namely “monitoring” and “targeting”. The monitoring concept refers to the collection of data that describes energy use. The targeting part defines the desirable energy consumption, through a potential energy saving.
The tool was developed within the SMEmPower Efficiency project funded by the EU Horizon 2020 research and innovation programme under the Grant Agreement No 847132. A more detailed description of the tool is available in D4.4 Monitoring & Targeting (M&T) tool for energy analytics.
The target group for this tool is SMEs who wants to set an energy saving target.
What’s included?
- Monthly energy consumption
- Monthly production data
- Optimised level of the energy consumption and production
- Potential estimated energy saving
- Data visualisation and graphs
Based on the output, the SME can quantify the energy saving potential in correlation with the production.
Required input:
- Production data for at least two consecutive years
- Energy consumption data for at least two consecutive years
- Energy price
Monitoring can be applied at an aggregated level, e.g. total electrical consumption or individually per facility. Monitoring requires a diverse set of data, such as electrical consumption, thermal or fuel consumption, energy billings and variables that influence the consumption.
The tool can be used by SMEs themselves. This is likely to require some support and guidance.
