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Example text

2, the engineer shall endeavor to use marginal values in all aspects of a life cycle cost analysis. In many cases, the use of marginal values is often self-explanatory. , what to do about a failed motor. , there are no customer or fixed monthly charge savings associated with any of the options considered). 2 Sensitivity analysis The value of the engineer's recommendations is enhanced if the economic analysis presented in support of an energy saving measure is robust with respect to reasonable changes in assumptions.

Other established effective methods are given in [B5] , [B6] , [B7] , and [B8] . In engineering new facilities, potential conservation is monitored using either the percent reduction energy-rate method or the design energy-savings report. For existing facilities, [B2] states that energy conservation is monitored using the activity method, the energy-rate method, the variable energy-rate method, or tracking charts. 1 Percent reduction energy rate method This reduction is determined by comparing the project's product energy rate, expressed in Btu/lb (kJ/kg) with the existing plant's product energy rate.

It assists in an energy-awareness program in the engineering department. Copyright © 1996 IEEE All Rights Reserved Authorized licensed use limited to: Nanyang Technological University. Downloaded on December 2, 2008 at 00:40 from IEEE Xplore. Restrictions apply. 19 IEEE Std 739-1995 IEEE RECOMMENDED PRACTICE FOR ENERGY This report is prepared by a project participant when that participant incorporates an energysaving idea or innovation that will reduce energy requirements. The guideline for an energysaving idea is that it deviates from present design or plant practices for the product line.

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