The Energy Institute (EI) has added two new modules to its Advanced Energy Manager qualification covering energy procurement and applying standards. Given constant fluctuations in energy prices, poor energy procurement decisions can be expensive. This new procurement module will include identification of energy cost risks, uncertainties and cost drivers, risk management, energy cost forecasting, the makeup of an energy bill, and ways of reducing cost.
With the implementation of the government’s Energy Savings Opportunity Scheme (ESOS), more and more organisations need to be on top of the relevant regulation and standards in energy management, says the EI. This additional module will also help delegates understand how to apply standards such as ISO 50001 within their organisation.
Robert Williams MEI, Head of Energy Supply, BT, and expert tutor of the EI's energy procurement module, said: "The focus of business is often on capital investment to reduce consumption. Understanding the multiple line items that make up your electricity and gas bills allows you to reduce cost and recover cost with very little investment. These line items are often not seen by customers, leaving thousands of pounds on the table in negotiation, and senior management unclear as to why prices are rising. This knowledge is critical for energy managers to take the lead on energy cost control and cost forecasting."
The Advanced Energy Manager qualification is a 12-day training course, held in London over five sessions. Registration is now open for the latest intake which begins on October 13 and concludes with the final assessment on April 13, 2015.
EI says this new course is an ideal way for experienced energy managers to develop their skills and demonstrate their knowledge to peers and achieve the highest level of competence. The course also provides an overview of the key technical and commercial topics in energy management, as well as strengthening of skills prior to applying for Chartered Energy Manager status.
For more information, visit www.energyinst.org/Advanced-Energy-Manager.