Spend wisely

Distributed locations, fragmented energy tariffs, complex energy consumption patterns, and country- or region-specific fees and charges among others, are all factors that can make it hard to obtain a transparent and consolidated view of overall utility costs and trends. As a result, many organizations fail to realize the cost and resource efficiency savings that proactive and automated utility bill data capture, validation and claim management can unlock. Utility Bill Management from Siemens offers an intelligent answer to the inefficiencies scattered bill data and processing points create: energy data helps find ways to reduce energy costs, ensure the right tariffs are applied, and identify and correct billing errors.

To obtain the best possible energy supply contract, organizations must know exactly how much energy they need, as well as forecast for future delivery periods. The know-how of experts is essential here in order to fully leverage the many opportunities that exist. The right partners will provide accurate forecasts of energy needs based on historical consumption, external drivers and anticipated impact of planned business changes. The Siemens teams have the expertise to analyze current supply contracts against these forecasts to then define the optimal procurement and tariff models. Their support extends to supplier appraisal and bid management, based on mutually agreed financial, risk and sustainability frameworks.

To sustain the level of savings derived from contract optimization, it is essential to monitor energy market movements. Scenario modelling helps identify the impact of e.g. price fluctuations on energy savings from contract re-negotiation or on the return on investment of building efficiency measures. Our experts look at overall supply and demand, technical innovations regarding energy production and storage, weather and economic trends to conduct their evaluations at building or enterprise level. They integrate the risk perspectives and estimate prices with a statistical reliability for a defined period of time, that is recognized by leading energy investors and developers.

Once a baseline for energy supply and demand has been established, more sophisticated strategies can be implemented to drive sustainability and cost savings further. Here, emissions trading plays a certain role – an increasingly important aspect of energy strategies considering that many countries now put a price on carbon. Energy and emissions trading requires specific market know-how and technical capabilities, to create a comprehensive GHG inventory of Scope 1 and Scope 2 emission sources based on industry standard reporting protocols and methodologies. A critical element of the process is the development of an Inventory Management Plan, which includes an assessment of current data availability and accuracy, and an evaluation of all sources of emissions. Based on this plan and sustainability assessment, recommendations on ongoing data management processes can be made, including implementation of our GHG emissions reporting module within Navigator, to facilitate ongoing GHG emissions and sustainability metrics reporting.

Dedicated efficiency measures, analytics, and services ensures that your infrastructure consumes only the energy that it absolutely needs. Energy efficiency positively impacts your ability to manage operating budgets and reduces total carbon emissions while often extending equipment life.

Siemens brings expertise along the entire energy chain – from production to consumption. We can help you strengthen reliability and sustainability with energy production and storage strategies. These will ensure you are equipped to meet your changing energy needs while taking advantage of the opportunities new technologies offer.

At Siemens, we go beyond energy management and into key building analytics. We know that continuous analyses keep buildings fit for purpose long term, maximize the effectiveness of servicing and upgrading equipment, and help identify improvement opportunities.