$1\mathrm{.}1.$ Efficient electricity management is pivotal for achieving production targets and sustaining profitability, making it a vital component of operations management. The escalating costs of energy, coupled with stringent environmental regulations and evolving supply$-$demand dynamics, underscore the pressing need for industrial organisations to curtail energy consumption and associated expenses. To secure a competitive edge in the long term, firms must prioritise continual enhancements in electricity efficiency across their operations $($Schulze$,$ Nehler, Ottosson & Thollander, $2016).$

In light of the above, examine the existing literature to elucidate how effective electricity$/$energy management can bolster operations management. $(4$ marks$)$