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Andraskar
HEV-MAJOR MARCH
Energy Management strategy considering energy usage for Residential
Purpose
Energy audits
need to feed into
better business
cases that
identify, value
and risk appraise
all sources of
value, i.e. all the
energy and non-
energy benefits.
The benefits of The benefits are energy cost savings. The There are
improving energy direct environmental benefits e.g. tonnes of multiple non-
efficiency CO2 avoided may be a social benefit for energy benefits –
CSR reporting. many of which
Aspect Old Way of Thinking New Way of
Thinking
are far more
strategic and
interesting to
decision makers
than mere energy
cost reduction.
Energy savings
may be the least
attractive benefit
of a project that
improves energy
efficiency and
should be sold
last – as a co-
benefit to the
non-energy
benefits.
Monitoring and There should be enterprise level M&T with M&T, M&V,
Targeting (M&T) some project specific M&V on large data collection
and Measurement projects. Anything else beyond that, sub- and analysis is
and Verification metering etc., is expensive. cheap. The
(M&V) advent of big
data analytics
can identify
savings
opportunities
even in systems
that are believed
to be close to
optimum.
Monitoring is a
part of ISO
50001’s Plan,
Do, Check, Act
cycle and is
embedded into
every Energy
Management
Aspect Old Way of Thinking New Way of
Thinking
System.
Energy Service ESCOs and EPCs are the answer to all our ESCOs and
Companies (ESCOs) problems. EPCs are
& Energy applicable in
Performance some limited
Contracts (EPCs) circumstances,
mainly in the
public sector.
They are not the
only answer and
they definitely
don’t work at all
in most sectors.
ESCOs and
EPCs are only
one of many
ways to bring
finance to energy
efficiency
projects.
Measurement of It is hard to measure because it is a counter- Units of energy
energy saving factual and is invisible. It can’t be metered. saved can be
metered and
calculated just
like units of
energy delivered.
Energy efficiency is It is a stand alone activity. It is a “crusade”. Energy
somehow special It should have a higher priority than efficiency is part
everything else. of an integrated
energy (&
resource)
solution
including self-
generation,
demand response
etc. Good energy
management is
one aspect of
Aspect Old Way of Thinking New Way of
Thinking
good
management.
Project development Project development is non-standardised and Project
every project is developed and documented development and
in a different way. Every project developer documentation
has some “secret sauce” in developing can be
projects even when the technologies are well standardised
known and standard. using systems
such as Investor
Confidence
Project’s
Investor Ready
Energy
EfficiencyTM.
Standardization
of project
development and
documentation is
essential for
aggregation and
growing the
finance market.
Project
developers don’t
really have
“secret sauce”.
Making the business The business case is purely about capital The business
case expenditure versus the value of the energy case is about the
savings over the life of the project. capex versus the
value of multiple
energy and non-
energy benefits
over the life of
the project, of
which energy
savings is just
one. The non-
energy benefits
Aspect Old Way of Thinking New Way of
Thinking
may be more
strategic and
attractive to
decision makers
than just energy
savings.
Risk and uncertainty Energy efficiency projects have low, or even Recognition that
“zero risk”. This was often stated even energy efficiency
though we had no data and in fact outcomes projects do have
were uncertain. risk although we
often can’t
quantify the risk
at the moment.
Risk is generally
low across
portfolios of
projects &
becoming better
known and
understood but
for individual
projects actual
risks are less
well known.
Energy management A practice that is hard to systematise and is A practice that
highly dependent on individuals. can be
systematised and
embedded into
the operation of
an enterprise
through the
application of
ISO 50001.
The value of a kWh Is the same at all times and in all locations. Is highly time
saved and location
specific.
Project development Optimise the components. Optimise
systems e.g.
Aspect Old Way of Thinking New Way of
Thinking
integrated design
(which is still not
very common at
all).
Energy prices Always go up. Go up and down.
The availability of There is no money for energy efficiency. There is a lot of
investment money for
energy efficiency
– just a shortage
of well
developed,
bankable projects
Chief Financial Chief Financial Officers are stupid for not CFOs may be
Officers (CFOs) and investing in these “no brainer” projects with rational in not
Finance Directors very rapid payback periods. investing i.e.
they may have
more strategic
things to invest
in, or they may
consider the
benefits
uncertain
because they
have not seen the
evidence or they
don’t believe the
assessment.
Low hanging fruit There are a lot of no-cost and low-cost There still are
projects that can be implemented easily – many no-cost
“low hanging fruit”. and low-cost
measures that
could be
implemented
through better
energy
management
(EnMS) and
applying ISO
Aspect Old Way of Thinking New Way of
Thinking
50001. We
should however
ban the phrase as
even no-cost and
low-cost
measures require
effort.
Energy efficiency Comes about through specific retro-fit Comes about
projects with the aim of reducing energy through retro-fit
costs. investments,
investment into
plant and
building
refurbishments
carried out for
other, non-
energy, reasons,
and through
investment in
new plant and
buildings that
improve the
average
efficiency of the
sector.
Renewables One day they may be viable. They are cost
effective in many
situations.
Energy storage “Electricity cannot be stored”. Available in
several forms.
Only viable in massive hydro-electric
schemes. Rapidly
becoming
The holy grail of energy studies. cheaper.
Economically
viable in many
situations behind
the meter and in
Aspect Old Way of Thinking New Way of
Thinking
the grid.
*Types:-
There are many types of Energy Management strategy to be used i.e.,
1. For Household Purpose
2. For commercial purpose
And in Commercial Purpose we can have again two more types i.e.,
1. For HEV (Hybrid Electric Vehicle)
2. For Industrial management.
*For HEV:-
-HEV:-
The vehicle industry is experiencing a technological revolution in the
powertrains of vehicles. A hybrid electric vehicle (HEV) is an effective choice
to solve the problems of the low energy density of a power battery and the short
driving distance of an electric vehicle (EV). Different configurations of HEVs
have different control strategies, production costs, and applicable conditions.
However, for any configuration, the ultimate goal is to achieve the
comprehensive optimization of the efficiency of the engine and the motor so as
to improve the vehicle’s performance parameters such as economy, emissions,
and durability. The procedure of realizing the goal is commonly called
an energy management strategy (EMS).
The EMS has always been a key research topic in the field of HEVs, and its
strategies and control algorithms emerge endlessly [1]. At present, the EMSs of
HEVs can be classified according to the topological structure shown in Figure 1
that can be divided into two categories: the RCS and the optimization-based
control strategy (OCS).
The EMS of an HEV is the basis for a good performance of the vehicle. The
core problem is to determine the working mode of the powertrain under various
driving conditions, as well as the power distribution between the engine and the
motor in each working mode.
It is worth mentioning that the EMS of an HEV should not only solve the
problem of energy distribution of each power source—it should also consider
the problem of braking energy recovery. Regenerative braking of is one of the
main HEV technologies used to improve their economy. During the driving
process of an HEV, braking energy recovery is an important function that
increases the driving range and affects the fuel economy of the vehicle. HEVs
have different configurations and corresponding EMSs. For a certain
configuration, it is necessary to study the matching EMS to make full use of its
advantages.
The ongoing COVID-19 pandemic has impacted the power industry globally.
Due to the current scenario ,various device manufacture companies across
regions has to shut down their manufacturing facilities and services as countries
practiced partial or full lockdown strategy to deal with the pandemic. The
electricity demand has been reduced significantly due to the COVID-19
pandemic, though electricity use in residential buildings has increased.
However, governments across the world were compelled to reduce the business
activities in response to minimize the threat of coronavirus. Owing to the
decline in the business activities has further negatively impacted residential
energy management solutions in the short term.
North America is expected to be the largest market during the forecast
period.
North America, Europe, South America, Asia Pacific, Middle East, and Africa
are the major regions considered for the study of the residential energy
management market. North America is estimated to be the largest market from
2020 to 2025, driven by the huge increase in demand for electricity in North
America, and its power sector is facing challenges in terms of reaching energy
efficiency targets, compliance with federal carbon policy, and integrating
various distributed energy generation sources. Hence, there is an increase in
investments for residential energy management to overcome such challenges.
The following pie chart shows the United States' energy consumption by source
in 2019. As shown in the chart, petroleum that is mainly used for the purpose of
transportation has the biggest share of 37%. Natural gas is in second place with
32% share of energy consumption.
As on 14-03-2021
1. Total Installed Capacity (As on 28.02.2021) -
Sector MW % of Total
Total 3,79,130
2. State Sector:-
Around 27.5% of power in India is generated and produced by state sector i.e.,
103,628 MW of power is generated for all over India.
3. Private Sector:-
Around 47.5% of power in India is generated and produced by private sector
i.e., 179,315 MW of power is generated for all over India which is largest
producer of power in India.