Energy management : why it is required?

Abstract

The sharp increase in the price of energy during the 1970s and the associated changes in the relative costs of alternative energy sources have imposed, a colossal management burden on African countries. The majority of African member States still rely heavily on iirported oil and they needed to conserve energy and to replace expensive oil with cheaper sources of energy. This process of designing and carrying out strategies for the energy transition requires better management both within enterprises supplying energy and at the national level where there is a need to co-ordinate the activities of suppliers and to promote efficiency in energy consumption. Ihe quality of management is the key to future investments; not only to identifying projects and implementing them successfully, but also to raising the finance for them.