Building an Adaptive Energy Strategy Laura Macdougall September 13, 2010

The variables of input cost and market fundamentals Options to manage total cost and risk Supply Side of The Meter Demand Side of The Meter Procurement The Market Options to manage consumption and demand Energy Use The variables of consumption and load profile Your Organization Gain Insight Take Control Track Results Energy Management Planning Business Goals Energy Management Program Business Successes Holistic Approach to Energy Management

Risk Management at Mount Sinai Hospital Practice identifying and mitigating the risks that affect the hospital Maximize the benefits of controlling a commodity and minimize the risk Identify the factors that negatively affect revenues and counteract their effects Effectively use financial instruments to pass risk on to speculators

Creating a Risk Management Strategy Identify potential events that may affect the value of the company’s owned commodities. Manage these potential events according to the company’s desired risk-aversion. Cover the components of Enterprise Risk Enterprise Risk Components 1. Internal Environment 2. Objective Setting 3. Event Identification 4. Risk Assessment 5. Risk Response 6. Control Activities 7. Information and Communication 8. Monitoring

Key events that will trigger a change in your energy risk profile 1.Market Events 2.Regulatory Events 3.Business Events 4.Consumption Events For each event, determine the expected timing of the event and the associate impact The action plan should address the change in strategy that will occur Type of EventTimingImpactAction Market Regulatory Business Consumption Energy Decision Matrix - Planning Holistically and in Advance

Energy Management – Behaviour Change Established baseline energy use Asked for staff feedback –Establish buy-in –Sinai Green Pledge Set and communicate target Communicate successes Provide a Toolkit Provide clear, simple direction for Senior Management, General Management, and Front-Line Staff

The Toolkit A step-by-step list of what to do A checklist of what to look for A template for tracking initiatives Sticky-notes for engagement and awareness Social networking site A powerpoint presentation for staff A flash template Q&As

August 2009/ August Target Aug-10 av. Aug-09 av. Target Communicated to MNet