Tag Archives: Energy Data Management

How can governments do more with (tons of) Industrial #EnergyEfficiency related Data?

Earlier this month we hosted India’s first Energy Data Analytics Summit in Delhi, where one of the discussions led to some people asking “What can governments do with (tons of) Industrial #EnergyEfficiency related Data?

This question to me has a lot of significance. Just as the way all Governments use Health, Economy, Inflation, Education related data for greater good (social and economical), why treat Industrial #EnergyEfficiency related data differently? While one may argue that there is no precedence, but given the age in which we are living, we are seeing use cases evolve every day.

In this blog i intend to initiate dialogue on two of the use cases for greater use of Industrial #EnergyEfficiency related data and who stands to gain and how?

  • Bench-marking

Hard to believe that most industries/sectors do not yet have correct bench-marking methodology/tools available.  I am using the term “tool” here because industrial processes have a lot of variables and hence one cannot have a “number”, but there is no excuse to have not been able to develop a “tool” yet.

Will the government make the tool? NO. But they can open up the data for other solution/service providers, let them develop applications on it. Innovation can foster.

Contrary to what many believe “opening up data” doesn’t mean that anonymity can’t be maintained, there is no need to share raw data, connected insights/indicators could do a lot of good straight away. Mix of qualitative and quantitative data (derived output from raw data) allows enough room for innovation.

  • Investment Trend & Success

Fact that many governments have been collecting data on Industrial #EnergyEfficiency for over a couple of decades, allows them to keep track of investment trends, returns being yielded, % increase in efficiency YoY, which sector does well and which is lagging etc?

Governance can be simplified drastically if data is put to use. Its happening everywhere, there is no reason why Industrial #EnergyEfficiency has to be ignored. Designing Industrial #EnergyEfficiency policy w/o data points is not worth it.

Some of the other use cases could be:

  • AI driven assistance in Measurement & Verification (Example: PAT Scheme in India currently relies on 100% human driven verification process)
  • Predicting performance, forecasting demand supply situations instruments linked to Energy Efficiency Projects ( White Certificates/ Energy Saving Certificates/ ESCerts (PAT Scheme))

What’s your take on this? Would love to hear from you on “How your Government could do more with Industrial #EnergyEfficiency related Data?”

Regards,

Umesh

 

Micro Services in #IoT #EnergyAnalytics

Greetings of the day!

A year back i saw a video of Steve Singh, he was talking on the context of "micro-services" and how large technology companies want to leverage that to have more customers and more importantly more revenue/customer.

That's when we started to work on our Energy Efficiency Micro-Services Hub (releasing on 8th September, 2017 on the sidelines of #EDASummit17). We open up our existing IPs (via APIs) as we continue to focus on developing more such IPs.

Interestingly our first #B2B engagement based​ (Cement Sector) on #API pricing has got a green signal. Our efforts of enabling more value creation in the #IoT ecosystem gets a boost and encourages us to continue to take our top of the value chain approach.

I look forward to seeing you at #EDASummit17 and having an engaging discussion. Visit www.haveyouAIRed.com for more details/registration.

Best Regards,

Umesh Bhutoria

Shared Economy in #EnergyEfficiency Markets #DataHubs #OpenUp

Energy markets are transitioning fast; Energy Efficiency/Productivity is set to play much bigger role in the transitioning process. Energy Efficiency policies must reflect the new market sentiments and provide long term direction, which in most cases is found missing.

Different think tanks, development agencies and governments have sponsored/funded numerous studies and reports barriers to scaling Energy Efficiency and potential ways to overcome those barriers. The kind of data that has been collected over the areas has not been utilized adequately and is not digitally available.

Establishing central repositories and digitizing such data assets can help create better economic and social value out of data assets, information and insights that can be generated collectively could foster business model innovation, develop tools/applications to simplify energy efficiency, rationalize the cost of energy audits, encourage new age Entrepreneurs to leverage technology and #BigData to solve complex problems.

We have seen the impact of Shared economy in sectors like transportation, hospitality and media. It’s time that Energy Efficiency markets take a clue; open-up to create more value for every stakeholder.

Yours Sincerely,

Umesh Bhutoria

Podcast series on #EnergyManagement and #EnergyAnalytics exclusively for #CXOs

Over the last few years #EnergyEfficiency markets have evolved, calling for businesses/industries to provide more strategic importance to #EnergyManagement.
To assist #CXOs and #EnergyManagers understand the changes happening and the response they need to provide, E-Cube Energy has come up with a 6 series Podcast on Energy Management and Energy Analytics. Each episodes have been designed in a way to help address specific problems and provide certain call to action.
You can use the following links to listen to the Podcast series or sign up for the EDA clinic assistance on Energy Data Analytics
Call to Actions
  1. Are your #EnergyManagement strategy as per global best practices? –  Take the test!
  2. Want to scale your Energy Data Strategy but not sure how? – Sign up for Free EDA Clinic
  3. Heard the podcast, have some feedback for us? – Podcast Feedback Survey
Happy Analyzing!