What is Energy Portfolio Management System (EPMS) ?
An Energy Portfolio Management System (EPMS) is a strategic tool used by organizations—especially utilities, energy producers, and large energy consumers, to manage, optimize, and monitor their energy resources and investments. It functions similarly to a financial portfolio management system but focuses on energy assets and consumption. Key Functions of EPMS: Energy Resource Planning : Tracks various energy sources (e.g., solar, wind, hydro, fossil fuels). Helps in forecasting energy demand and supply. Optimization of Energy Mix : Balances cost, reliability, and sustainability. Supports decisions on which energy sources to prioritize. Risk Management : Assesses market volatility, regulatory changes, and supply risks. Uses analytics to mitigate financial and operational risks. Performance Monitoring : Monitors energy production, consumption, and efficiency. Provi...