Energy Management Systems

The present system of the energy sector is centralized due to which the prosumer’s and consumers’ direct connection is yet to be formed. It’s due to persisting challenges like transaction efficiency, security and data transparency in the Indian energy market. The blockchain is a data-driven technology that helps create a very transparent process in data sharing among the peers involved in the system and sort out the challenges persisting in the energy market.

Harwell Campus will provide a testbed for energy storage technologies coming from three U.K.-based innovative businesses, bringing their solutions one step closer to the market.

To achieve the government’s ambitious renewable energy targets, and integrate the two growing sectors of infrastructure and construction and renewable energy, the existing policies and codes for green buildings need to be further enhanced. Most of these rules need to include specific details about energy generation. Right now, these are more to do with energy efficiency. 

The India and UK-led global supergrid program seeks to connect 140 countries to round-the-clock green and renewable power.

The information and communication technology (ICT) and telecom industry is now equipped with a sophisticated range of solutions to meet the enhanced demand for high-speed data and digital services in a green and energy-efficient manner.

A combination of booming demand for coal-fired power and a shortage of the black stuff – exacerbated by a political row with Australia – have forced up prices to the extent fossil fuel generators are making a loss on every unit of electricity they produce. pv magazine‘s Vincent Shaw considers the potential solutions.

To achieve its sustainability targets, Southeast Asia will require integrated strategy and execution across generation, transmission, and distribution, as well as planning that balances both capital and operational expenditures. The regional power industry will need partners who can merge data analytics with engineering expertise to deliver timely and actionable insights that realize the full potential of assets and facilities.

Siemens has deployed its EnergyIP meter data management system for over 2,00,000 smart meters in North Delhi, enabling the timely and accurate collection of electricity meter data digitally. The advanced metering infrastructure will pave the way for the deployment of Smart Grids across the country.

Power generated by renewable sources and corresponding action taken by business layers is not predictable. So it’s imperative that the latest controls are leveraged in the service of smart grids.

The Indian power sector is set for a revolution with the proposed market-based economic dispatch (MBED) mechanism. MBED aims to establish a uniform pricing framework that prioritizes the least cost and most efficient generators while backing down more expensive ones, thereby creating a national merit order.