Energy Management and Economics

About This Course

This course equips learners with the essential skills to perform detailed energy audits, develop effective demand management strategies, and conduct comprehensive economic analyses for energy efficiency investments. Participants will gain practical knowledge in setting up Energy Management Systems (EMS) aligned with international standards like ISO 50001, establishing Energy Accounting Centers, and applying Energy Performance Indicators (EnPIs) for continuous improvement. The course further deepens understanding of Singapore's energy policies and market dynamics, preparing learners to analyze electricity supply structures and pricing mechanisms. Through hands-on exercises and case studies, learners will also master financial evaluation techniques such as net present value and internal rate of return, enabling them to calculate customer savings and optimize project investments.

Energy management and sustainability have become vital across sectors like manufacturing, facilities management, utilities, and commercial real estate, where optimizing energy use can significantly reduce costs and enhance environmental performance. This course is highly relevant as it addresses the growing need for professionals who can integrate energy efficiency with economic analysis. Completing this training can enhance career prospects by opening up opportunities in energy management, consultancy, and project evaluation roles. It also supports career advancement for existing professionals seeking to specialize in energy economics, energy performance contracting, or sustainability leadership roles.

This course is designed for intermediate learners who have a basic understanding of energy systems and seek to deepen their expertise in energy management and economic analysis.