>INTRODUCTION TO THE BUSINESSES >
- High energy prices and sharp increase of energy consumption
- High dependency on energy imports due to poor domestic energy resources
- Climate change mitigation
- Initiatives to reduce greenhouse gas emissions through energy saving measures
- Energy-intensive companies whose annual energy consumption is over 2,000 TOE are required to
submit to energy audits report to KEMCO pursuant to the Article 32 of the Rational Energy Utilization
- Small businesses consuming less than 10,000 TOE of energy annually are eligible for a 70-percent
discount on the energy audit fees as charged by the government.
- What is an energy audit?
- An energy audit is an essential activity in the effective control of energy cost. An energy audit includes
detailed evaluation of a firm’s energy efficiency, technical and economical analyses of its energy
facilities, and recommendations as to energy conservation opportunities that include changes in
operating practices or energy consuming equipment in order to reduce energy bills.
- Check the operation status by equipment and suggest measures for enhancing efficiency and
improving the equipment.
- Identify the waste heat and factors contributing to irrational energy wastage.
- Suggest efficient methods of collecting and using waste heat and its economic efficiency.
- Review measures for applying newㆍ renewable energy.
- Suggest models of rational energy use.
- Benefits of an Energy Audit
- The benefits of energy audit can be summarized as follows:
- Financial benefits that contribute to a reduction in operating costs and an increase in profits for an
- Organizational benefits that assist in the management of a facility or a building and improve its
productivity or safety
- Ease the Environmental Pollution burden, by reducing CO2 emissions
- Energy audit by energy audit companies
- There are 91 companies operating in Korea, including KEMCO, which are qualified to conduct energy
audits. Each of these audit companies has accumulated a wealth of expertise through the endeavors
of their energy professionals and/or engineers.
Work flowchart of the program
||· EIC: Energy-Intensive Company
· EAC : Energy Audit Company
· MOTIE : Ministry of Trade, Industry & Energy
· KEMCO : Korea Energy Management Corporation
||KEMCO notifies energy-intensive companies subject to energy audits of the requirements for
application by the end of August prior to the year in which the audit should be undertaken.
||A company subject to an energy audit must then apply to an energy audit company within one months
of the deadline of its audit period.
||Audit Contract &
Notice of Schedule
||The audit company notifies the applicant company of the audit schedule, scope of work and the audit
contract three days prior to the commencement date.
||The audit company conducts inspections of the facilities, processes, and operating conditions of the
company to determine energy loss factors and areas of improvement.
||Documentation and Report
||The audit company submits a report on areas of improvement, and a feasibility study to the company.
||The audit company provides the applicant company with technical advice and support to implement