Energy Management System


Gowitek

Uploaded on Aug 28, 2019

Category Technology

The client was looking for an Energy Management System that can lower Energy Prices. As a pilot project, the client entrusted with a Big Data Analytics solution for a specific area comprising of 2 Lakh LED lights

Category Technology

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Energy Management System

Energy Management System Problem Statement • There is a growing advent of Microgrid development Companies which aim at creating a sustainable and economic ecosystem for energy consumption. • However, Rising Energy prices are a significant deterrent to developing commercial microgrids. • An efficient Energy Management System can significantly lower Energy Prices. • A Big Data Analytics Solution can effectively monitor and analyze energy consumption, to provide the user with deep insights that lead to Energy Management. Business Solution • Let's assume there are certain Light poles and ATM Machines in a particular locality which need to be monitored for energy efficiency. • These units can be fitted with sensors that collect data about their daily energy consumption, repairs, malfunctions, etc. • By processing so much data about every power consuming unit, the concerned party can easily implement corrective measures to control energy consumption. Data Insights Real-Time Analytics • Light units that are functioning during the day • Air Conditioning Units are running inside ATM counters beyond necessary hours. Predictive Analytics • Which light units will need to be replaced in near future • Which light units will consume more electricity than others Based on the result of this Analytics, this Solution can help a Client take required actions to Reduce Energy Consumption Business Benefit By implementing such  a solution, a Microgrid developer company could reap the following benefits: • Save 25-30% Energy in just one year. • $10 Mn was saved regarding Energy Costs • Overhead Costs for the company came down by 9.48% The company now wishes to implement this solution over a broader geographic base.