Energy Planning Research Paper Example | Topics and Well Written Essays - 1000 words

Energy Planning - Research Paper Example As the paper will demonstrate, any energy program must adopt a clear guideline that has key energy plans, assessment of main goals in regards to energy planning, and explaining the effectiveness of the identified energy plan. There are different varieties of energy plans worth noting. First, the need to measure energy use within a given economic framework. It implies that any energy planner must consider aspects of prices levied on power plants and the existing energy systems that manipulate the larger market. Alternatively, the study of price setters in relation to consumer behaviour is an imperative approach because it measures energy use from the deregulation perspective. Second, involves fixing the basics found in the energy sector such as addressing issues affecting industrial management. The process should be facilitated by a thorough energy audit that oversees energy consumption and elements of monitoring and power metering (Skipka & Theodore, 2014). Similarly, implementation of high-efficiency lighting, motors and capacitors to boost the power factor, and the use of HVAC systems assists in fixing the basics. On that note, the third energy plan is the process of automation. Automation entails the installation of an active energy management program that influences energy efficiencies. It also boosts cost savings and energy within a particular period. For instance, during automation as part of the energy plan, HVAC control conducts regulation that either cools or heats at optimal levels. Additionally, turning lights on remains the functional role of occupancy sensors in assistance with schedule-based lighting control (Randolph & Masters, 2008). Therefore, the fourth energy plan entails monitoring and control. It is a process facilitated by modification of worker behaviour to inspire consistent improvement dissemination of information. Within that framework, management of central

Strategic Management Accounting for Shareholder Value Maximisation Essay

Strategic Management Accounting for Shareholder Value Maximisation - Essay Example This report presents an insightful study on the concept of shareholder value maximisation and the efforts that are undertaken by management to achieve it. It demonstrates that in an effort to enhance shareholder value the management generally puts behind the importance of serving the interest of other stakeholders like employees, customers, suppliers and society that share a long-term association with the company. However, protection of interests of these stakeholders is important to ensure the maximisation of shareholder value. This report, therefore, concludes that in order to accomplish the objective of shareholder value maximisation in an effective manner, the management should also strive to serve the interests of other stakeholders. Shareholders are the true owners of a company and have ultimate residual claims on its financial assets. Management is responsible to serve the interests of shareholders and engage the efforts of the whole organisation towards the enhancement of val ue for shareholders as well as the other stakeholders that have their interest in the corporation.