The concept, approach and benefits of energy auditing and its impact on the environment

Abstract

The electricity industry plays an irreplaceable role in the rise of the economic potential and development of every country around the world. The international community of industry, research institutions and global businesses focuses more on green finance; it rises its interest in environmental protection, climate change and strategies for sustainable development. A worldwide sudden increase in electricity consumption could occur due to the commitment to decarbonize economies. The implementation of an energy audit and its control elements in energy management is of great benefit to the organization and leads to the rational use of energy resources and improvement of energy efficiency. In addition, it can also promote the continuous sustainable development of the economy and society. Therefore, it seems reasonable for the electric power industry to incorporate the principles of sustainable development into its strategy and operations. This study aims to evaluate the energy audit and its impact on the environment in the context of reviewing current and potential problems and prospects. It will also describe the role of renewable energy in the sustainable development of the electricity sector. Furthermore, it identifies the main factors of sustainable development for the electricity sector.