ENERGY MANAGEMENT QUESTIONS AND ANSWERS
2025 #6
Five elements of Energy management - correct answer 1. Strategy and planning
2. Implementation and operation
3. Controlling
4. Organization
5. Culture
Energy efficiency gap - correct answer Gap between business as usual and the
potential for cost-effective and energy efficient technology
Energy management - correct answer Systematic activities, procedures and routines
within an industrial company which aim to continuously reduce the company's energy
consumption.
Energy management gap - correct answer The gap between the potential for cost-
effective and energy efficient technology and the potential for energy management
including energy efficient technology.
Energy management system - correct answer ISO 500001: A system to establish an
energy policy, objectives, energy targets, action plans and process(es) to achieve the
objectives and energy targets.
Theoretical economic barriers to industrial energy efficiency - correct answer - Imperfect
information
- Asymmetric information, adverse selection
- Asymmetric information, principal - agent relationship
- Asymmetric information, split incentives
- Hidden costs
-Access to capital
-Risk
- Heterogeneity
Theoretical behavioral barriers to industrial energy efficiency - correct answer - Form of
information
- Credibility and trust
- Values
- Inertia
- Rule of thumb/bounded rationality
Theoretical organizational barriers to industrial energy efficiency - correct answer -
Power
- Culture
, Empirical barriers to industrial energy efficiency, categories - correct answer -
Technology
- Organization
-Information
- Economy
- Behavior
- Competence
- Awareness
- Government/politics
Common empirical barriers to industrial energy efficiency - correct answer 1. Lack of
time or other priorities (O)
2. Lack of access to capital (E)
3. Other priorities for capital investment (B)
4. Risk of production disruption (E)
5. Lack of sub-metering (O)
6. Slim organization (O)
7. Lack of technical skills (C)
Common drivers for industrial energy efficiency - correct answer 1. Long-term energy
strategy (O)
2. People with real ambition (O)
3. Threat of rising energy prices (F)
4. Cost reduction resulting from reduced energy use (F)
5. International competition (E)
6. Full support from top management (O)
Overcoming barriers with energy management activities: Information barriers - correct
answer - Energy audit standards
- Energy monitoring systems
- Energy audit software
- Process integration
- Investment calculation tools
- Energy service companies
- Database of real energy efficiency measures
- Education and training
Overcoming barriers with energy management activities: Competence barriers - correct
answer - Energy audit standard (ISO 50002)
- Energy management system standard (ISO 50001)
- Education and training
- Energy services
- Energy efficiency networks
Overcoming barriers with energy management activities: Organizational barriers -
correct answer - Energy management system standard (ISO 50001)
2025 #6
Five elements of Energy management - correct answer 1. Strategy and planning
2. Implementation and operation
3. Controlling
4. Organization
5. Culture
Energy efficiency gap - correct answer Gap between business as usual and the
potential for cost-effective and energy efficient technology
Energy management - correct answer Systematic activities, procedures and routines
within an industrial company which aim to continuously reduce the company's energy
consumption.
Energy management gap - correct answer The gap between the potential for cost-
effective and energy efficient technology and the potential for energy management
including energy efficient technology.
Energy management system - correct answer ISO 500001: A system to establish an
energy policy, objectives, energy targets, action plans and process(es) to achieve the
objectives and energy targets.
Theoretical economic barriers to industrial energy efficiency - correct answer - Imperfect
information
- Asymmetric information, adverse selection
- Asymmetric information, principal - agent relationship
- Asymmetric information, split incentives
- Hidden costs
-Access to capital
-Risk
- Heterogeneity
Theoretical behavioral barriers to industrial energy efficiency - correct answer - Form of
information
- Credibility and trust
- Values
- Inertia
- Rule of thumb/bounded rationality
Theoretical organizational barriers to industrial energy efficiency - correct answer -
Power
- Culture
, Empirical barriers to industrial energy efficiency, categories - correct answer -
Technology
- Organization
-Information
- Economy
- Behavior
- Competence
- Awareness
- Government/politics
Common empirical barriers to industrial energy efficiency - correct answer 1. Lack of
time or other priorities (O)
2. Lack of access to capital (E)
3. Other priorities for capital investment (B)
4. Risk of production disruption (E)
5. Lack of sub-metering (O)
6. Slim organization (O)
7. Lack of technical skills (C)
Common drivers for industrial energy efficiency - correct answer 1. Long-term energy
strategy (O)
2. People with real ambition (O)
3. Threat of rising energy prices (F)
4. Cost reduction resulting from reduced energy use (F)
5. International competition (E)
6. Full support from top management (O)
Overcoming barriers with energy management activities: Information barriers - correct
answer - Energy audit standards
- Energy monitoring systems
- Energy audit software
- Process integration
- Investment calculation tools
- Energy service companies
- Database of real energy efficiency measures
- Education and training
Overcoming barriers with energy management activities: Competence barriers - correct
answer - Energy audit standard (ISO 50002)
- Energy management system standard (ISO 50001)
- Education and training
- Energy services
- Energy efficiency networks
Overcoming barriers with energy management activities: Organizational barriers -
correct answer - Energy management system standard (ISO 50001)
