Information on Energy Savings and its Role in the Process of Making Management Decisions

Abstract

The concept of "energy savings" is often understood as the difference in energy consumption in two different periods - "baseline" and
"reporting". Such an intuitive understanding, even demonstrated in national or international standards, is inconsistent with the
definition of "sav-ings" expressed in legal acts and may lead to making wrong management decisions even in the best faith. In this
paper, the author presents considerations on the various approaches to the concept of "savings" in different management and operational
standards to understand the mechanism of its determination. The added value of the work is the presentation of an easy-to-use
method of assessing the quality of information about savings from the perspective of its management usefulness and guidelines on
determining savings correctly.