What went behind developing Insights-as-a-Service?

The Energy Blog

Category: Energy Analytics

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AIR Series: How does Utility – Consumer Relationship of the future look like?

We bring to you the 4th edition of the #AIRSeries (Ask, Innovate and Reduce), a step to create an ecosystem of sharing and exchanging thoughts about Energy Efficiency.

We will continue hosting Twitter chats and LinkedIn Q&A series with thought leaders and we would invite them to share their experiences, analysis, and thoughts on segments in which they are the master of.

The Fourth edition of the #AIRSeries had Matt Rennie, EY Oceania Utilities and Regulatory Leader  join us for the Twitter chat session on ‘How does utility – consumer relationship of the future look like?’ The chat was held on the 20th of September, 2018 from 1:30 PM IST / 6 PM AEST.

In case you missed it, check it out here!

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AIR Series: Making #EnergyEfficiency great again

We bring to you the 3rd edition of the #AIRSeries (Ask, Innovate and Reduce), a step to create an ecosystem of sharing and exchanging thoughts about Energy Efficiency.

We will continue hosting Twitter chats and LinkedIn Q&A series with thought leaders and we would invite them to share their experiences, analysis, and thoughts on segments in which they are the master of.

The third edition of the #AIRSeries had Benoit Lebot, Executive Director at International Partnership for Energy Efficiency Cooperation with 20 years’ experience in #EnergyEfficiency join us for the Twitter chat session on Making #EnergyEfficiency great again. The chat was held on the 6th of September, 2018 from 6:30 PM IST / 3 PM CEST.

In case you missed it, check it out here!

 

It was indeed a very insightful session from Beniot, we hope you liked it!

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AIR Series: Utilization of Smart Metering Infra, Opening up the data for Utilities and more

We bring to you the 2nd edition of the #AIRSeries (Ask, Innovate and Reduce), a step to create an ecosystem of sharing and exchanging thoughts about Energy Efficiency.

We will continue hosting Twitter chats and LinkedIn Q&A series with thought leaders and we would invite them to share their experiences, analysis, and thoughts on segments in which they are the master of.

The second edition of the #AIRSeries had @GoldenMatt, CEO of Open Energy Efficiency, an entrepreneur, policy advocate and efficiency agitator join us for the Twitter chat session on topics covering ‘Utilization of Smart Metering Infra, Opening up the data for Utilities and more’ from 9 AM —  10 AM IST / 1:30 PM  —  2:30 PM AEST on 24th August, 2018.

In case you missed the chat. Check it out here!

It was indeed a very insightful session from Matt, we hope you liked it!

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CAN- Compressed Air Network Optimisation Algorithm! #EnergyAnalytics #EEHub

Compressed Air is one of the forms of energy that finds use in most industries, in some industries like Textiles it contributes to significant portion of the overall energy consumption.

Compressed Air Networks i.e. multiple number of compressors operating in tandem, offer potential for optimisation and improve energy productivity CFM/KW by around 5%-7% (in some cases going as high as ~12%)

Multiple factors must be looked at while considering optimising the generation and distribution of Compressed Air and the overall network.

CAN- Compressed Air Network Optimisation Algorithm

Our Algorithm works on the operational data I.e. data from each of the compressor, operating behaviour and over a period suggests optimisation possibilities resulting in better utilisation of the network, correct operation settings, resulting in energy productivity gains.

Factors/Aspects considered by the algorithm:-

  1. Weather Conditions
  2. Set Points for each compressor
  3. Operational behaviour of each compressor under the influence of the network.
  4. Maintenance

Algorithm would be available on EE Hub, users could either purchase API calls or use the algorithm as DIY tool through our web based application EnView.

 

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3 Super Key Takeaways (for Indian Utilities) from #EUW17

Greetings!

Back from an awesome trip to Amsterdam, i attended my first ever European Utility Week and it was truly an amazing and enriching experience. EnergyTech Ventures was one of the 50 startups present at the Initiate Hub!

As entrepreneurs we often tend to work in silos, event’s like these help us validate assumptions, seek different perspectives (often the ones that are kind of not what we would have ever got earlier) and also understand how different markets behave/operate.

Moving on from personal learning to focusing on India specific takeaways! India is an emerging economy with Utility market place that has been conventional and is now entering a phase wherein things would start to change ( as slow as it might get). With advent of Distributed Energy Resources,  higher penetration of Renewable Energy and Energy Efficiency technologies, the conventional utility business model is up for some challenges ( Decline in revenues, number of customers etc)

In this blog i look at (according to me) key takeaways (perspectives, not essentially items covered at #EUW17) especially in the context of Indian Power Utility space.

  • Services is the way forward, experiment with Startups and engage with customers

Utilities have to diversify and look at selling more than “electricity”. While this message is not something new, the action items below would perhaps be something to think about.

We do need regulatory provisions for utilities to do more, but with engagements with startups they can start to experiment with startups and engage with customers, learn about what’s going to work and what’s not going to work. This might just help them stay ahead of the peer group and be able to position their strategy correctly.

  • Industrial customers need more love (attention)

Any disruption in the demand side is first going to happen (perhaps only) in the “Retail/Residential” consumer segment. Makes it imperative for Indian utilities who have industrial customers to really put on the thinking cap and start to do more with these customers.

Industrial consumers (when happy and serviced properly) and make for perfect hedging strategy. Most of the utilities that have industrial consumers (in India) are “state owned utilities”, does that really say something?

  • Embrace Technology

I was literally amazed by the kind of work that is happening in leveraging technology in the normal work procedures of “Utilities” from using drones to Augmented Reality to Block chain based solutions (DER).

In India we have often brushed aside conversations on these technologies saying that a) It will take ages to come to India b) These are not relevant for Indian markets etc. We just need to embrace these and new technologies find a way to bring them into use, look at solving conventional problems with an unconventional take.

Your take?

Best Regards,

Umesh Bhutoria