Implementing ISO 50001: 2011 to improve energy efficiency and profits: a capstone project thesis
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Authors
Moore, Ramon
Ogaili, Omar Al
Velasquez, David
Issue Date
2013
Type
Capstone
Language
en
Keywords
Engineering management
Alternative Title
Abstract
Energy management in industrial facilities has become increasingly important as firms attempt to be more environmentally aware and responsible to reduce cost by improving operational efficiency. Odin has the potential to become a leader in their industry by implementing energy management best practices and procedures. The researchers view International Standard Organization’s 50001:2011 (ISO 50001:2011) as a way to become more competitive along with being environmentally responsible. The energy efficiency standards that ISO 50001:2011 provide will build off the existing ISO 9001 mythology and philosophies in an attempt to hasten acceptance and deployment by using proven established industry standards. The goal of this study was to implement ISO 50001:2011 frameworks for achieving sustainable cost reduction in production operations efficiency through energy management. The challenge with improving production energy efficiency in this environment is that it requires a combination of technology improvements, processes modifications, and changes in the way employees conduct their work every day. The project's success relied on cross-functional (i.e., operations, engineering, and facilities) engagement from senior management to front-line operators. The researchers conducted an onsite survey of Odin manufacturing facilities and assessed the current operational infrastructure. The information collected was used to compile, analyze and develop energy baseline measurements, forecast future energy consumption, and with the results of this analysis, the researchers concluded that the results from this study validates the hypothesis that Odin Manufacturing will improve current energy performance by 5% and decrease greenhouse gas emissions by implementing ISO 50001:2011 standards.