Gartner Insights Abstract

Market Guide for Energy Management and Optimization Systems

Published: 17 September 2024

Summary

Energy management and optimization systems enable enterprises to track energy use and performance to mitigate supply risk and price volatility, and enable decarbonization efforts. Executive leaders can use this guide to gain insight into the evolving vendor landscape.

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Overview

Key Findings
  • Traditional energy management in energy-intensive industries is insufficient for today’s operations. Legacy approaches focus primarily on reducing demand charges and overlook broader challenges, such as integrating on-site generation and achieving sustainability goals, leading to fragmented capabilities and inefficient energy use.

  • The unpredictability of energy prices and supply constraints significantly affect financial performance and lead to operational risks. Executive leaders are responding by gaining insights enabling holistic response actions through adoption of energy management and optimization systems (EMOS).

  • As an emerging technology, EMOS products typically cover only a subset of core functionalities. These newly architected, SaaS-centric offerings are available as API-enabled

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