Energy consumes maximum cost in manufacturing so its management is important aspect which should be studied. Energy management deals with planning, organizing and implementation of energy resources to get maximum productivity. Energy management function should be integrated with organizational culture so as to attain cost effective utilization of resources. Energy conservation is an important part in eco-friendly production and defines ethics of organization towards environment. Energy audit process is carried out these days to study use and utilization of energy. Maintaining energy balance is principle which must be followed while managing energy. Technical and economic feasibility of energy should be studied while implementing projects so that cost effective utilization of resources can be possible. Global resource utilization can only bepossible through managing and conserving energy reserves.
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Author Name: Gaikwad Karan Prabhakar and Devkar Sanchita Dattatray.
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