The Energy Management Awards 2016

By Soko Directory Team / Published March 14, 2016 | 5:48 pm

The ever rising costs of energy pose an increasing challenge to enterprises as they endeavor to become more competitive in a liberalized and globalize environment. Kenya has experienced a high economic growth in the last couple of years which has resulted in increased demand for electricity.

This increase is anticipated to continue growing at an annual rate of approximately 8%.

However, nationally, energy continues to be inefficiently utilized particularly within industry. Wastage of energy ranges between 10% and 30% of primary energy input. This is mainly attributed to lack of information, motivation, know-how, financial restrictions as well as market imperfections. It is estimated that the average energy saving potential in Kenyan industry is over Ksh. 2 billion per annum.

The Award

The Energy Management Award (EMA) is an award for all energy consumers geared at encouraging a culture of energy efficiency and conservation. EMA recognizes enterprises that have made major and sustainable gains in energy efficiency through the application of modern energy management principles and practices, and in the process made significant energy and cost reductions. Such enterprises will have:

A well developed, documented , communicated and updated energy policy
A plan of action for implementing the policy
A systematic way of conducting regular energy audits to identify areas of waste and opportunities for improvement
Requisite resources and structures for implementing energy efficiency measures
Evident gains in energy efficiency over a period of time
An innovative approach to solving problems

The EMA award is managed by the Kenya Association of Manufacturers through the Centre for Energy Efficiency and Conservation (CEEC) and is aimed at:

Recognizing best practice in energy efficiency
Creating awareness about the benefits of energy efficiency
Reducing the cost of doing business in Kenya
Increasing competitiveness in Kenyan enterprises
Contributing to the country’s economic development
Contributing to reduction of harmful emissions to the environment that arise out of generation and use of energy
Publicizing the winners and sponsors in line with their marketing and social responsibility strategies

About Soko Directory Team

Soko Directory is a Financial and Markets digital portal that tracks brands, listed firms on the NSE, SMEs and trend setters in the markets eco-system.Find us on Facebook: facebook.com/SokoDirectory and on Twitter: twitter.com/SokoDirectory

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