Techno Economic analysis

Identification of EEMs and their potentials for energy saving does not warrant that the saving potential could be realised in practice. Technical aspects and/or economic aspects could act as barriers.

Therefore, each EEM needs to be assessed both technically and economically to find out if they are feasible and cost-effective. As part of the energy audit, such preliminary techno-economic analysis of each identified measure may be carried out (MariEMS 2017).