In today’s times of new age technologies, use of AI, ML and IoT is gradually becoming important in the power sector. Venkatraman Swaminathan, Vice President, Secure Power, Greater India, Schneider Electric discusses some of its aspects in this interaction
![Smart Energy Management In The Smart Era](https://magarticles.magzter.com/articles/93/362837/5d4417e3806aa/Smart-EnErgy-managEmEnt-in-thE-Smart-Era.jpg)
What are the issues involved in the energy management today? do they vary across sectors?
The energy management dilemma that India and the rest of the world are facing is palpable and imminent.
According to various forecasts, the energy demand is expected to double by 2050 and hence, the corresponding need to decrease our carbon footprint will be critical to address the climate impact
Global power capacity is also expected double by 2040. Hence, renewable energy will have a bigger role to play. Analysts expect the renewable sector to account for up to 50% of new capacity additions by 2030 worldwide In such a scenario, the impact of digitisation, AI & IoT is going to be key. IoT is expected to take the energy universe to the next level with up to 50 billion connected devices by 2020 and 75 billion connected ones by 2025, according to a report by Cisco.
Additionally, energy usage varies by type of business. For example, on the retail front, a coffee shop or restaurant has refrigerators, stoves and other equipment needed to prepare food. Patrons must be kept comfortable for what may be a lengthy stay. In a convenience store, on the other hand, customers come and go quickly, but there is still a need to refrigerate food and beverages. In both cases, food safety is directly dependent on refrigeration control and equipment performance. Finally, a clothing store and the like don’t deal with food at all but do handle shoppers, who must be kept comfortable regarding temperature, air quality, lighting and more.
This story is from the August 2019 edition of DataQuest.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the August 2019 edition of DataQuest.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
![Dataquest Higher Education Awards Recognize Top Institutes](https://reseuro.magzter.com/100x125/articles/93/1796907/ZmQzDzN8a1724060361811/DATAQUEST-HIGHER-EDUCATION-AWARDS-RECOGNIZE-TOP-INSTITUTES.jpg)
Dataquest Higher Education Awards Recognize Top Institutes
Celebrate the excellence in Indian education with the Dataquest Higher Education Awards 2024. Learn about the top institutions recognized for their outstanding achievements and the distinguished guests who presented the awards.
![India Must Embrace Digital Revolution to Power Future Workforce: Vipin Kumar, Additional Secratary, Ministry of Education, GOI](https://reseuro.magzter.com/100x125/articles/93/1796907/eQmEePQHT1724060283890/INDIA-MUST-EMBRACE-DIGITAL-REVOLUTION-TO-POWER-FUTURE-WORKFORCE-VIPIN-KUMAR-ADDITIONAL-SECRATARY-MINISTRY-OF-EDUCATION-GOI.jpg)
India Must Embrace Digital Revolution to Power Future Workforce: Vipin Kumar, Additional Secratary, Ministry of Education, GOI
Vipin Kumar, Ministry of Education, stressed the need for tech-driven education reforms in India to bridge the skill gap and prepare youth for future job markets.
![Educationist MP Sandhu Shares Insights on India's Academic Landscape](https://reseuro.magzter.com/100x125/articles/93/1796907/WpiDiIN-31724060041897/EDUCATIONIST-MP-SANDHU-SHARES-INSIGHTS-ON-INDIAS-ACADEMIC-LANDSCAPE.jpg)
Educationist MP Sandhu Shares Insights on India's Academic Landscape
At the recently concluded Dataquest Higher Education Conference and Awards, Honourable Rajya Sabha MP Satnaam Singh Sandhu addressed the audience as the guest of honor.
![Dr. Abhay Jere's Blueprint for the Future](https://reseuro.magzter.com/100x125/articles/93/1796907/gefQiOsOX1724059873725/DR-ABHAY-JERES-BLUEPRINT-FOR-THE-FUTURE.jpg)
Dr. Abhay Jere's Blueprint for the Future
Dr. Abhay Jere advocates for a modular, personalized learning system integrated with industry experience to create a future ready workforce. Jere’s call for a radical overhaul of the education system has sparked a much-needed debate.
![MoS Bittu Calls for Industry Collaboration to Tackle Skill Shortage](https://reseuro.magzter.com/100x125/articles/93/1796907/cl1I0M-yq1724059705553/MOS-BITTU-CALLS-FOR-INDUSTRY-COLLABORATION-TO-TACKLE-SKILL-SHORTAGE.jpg)
MoS Bittu Calls for Industry Collaboration to Tackle Skill Shortage
Minister Ravneet Singh Bittu addressed the brain drain issue, emphasizing the need for higher education and skill development to retain talent in India at the Dataquest Higher Education Conference & Awards.
![Leading in the Quantum Era](https://reseuro.magzter.com/100x125/articles/93/1796907/pk2cUyYDR1724059171490/LEADING-IN-THE-QUANTUM-ERA.jpg)
Leading in the Quantum Era
India is rapidly emerging as a global leader in quantum technology, leveraging its vast talent pool and educational initiatives to drive innovation and solve real-world problems. From significant strides in research to government-backed initiatives, India’s commitment to quantum advancements is positioning it at the forefront of the global quantum revolution.
![Navigating the Culture of Security: Insights from Amazon CSO Steve Schmidt](https://reseuro.magzter.com/100x125/articles/93/1796907/WSHNEPY351724058982222/NAVIGATING-THE-CULTURE-OF-SECURITY-INSIGHTS-FROM-AMAZON-CSO-STEVE-SCHMIDT.jpg)
Navigating the Culture of Security: Insights from Amazon CSO Steve Schmidt
Knowing security culture dynamics is necessary for global companies in an era in which cyber threats have evolved unusually. In this interview, Steve Schmidt, Amazon's Chief Security Officer, expounds on security intricacies, the generative AI role, and the shared responsibility model that defines cloud security to Thomas George, the Managing Editor of Dataquest, a more than four-decade-old ICT publication.
![Tech and Sustainability: Forging a Future Together](https://reseuro.magzter.com/100x125/articles/93/1796907/-atjo2RSb1724058364212/TECH-AND-SUSTAINABILITY-FORGING-A-FUTURE-TOGETHER.jpg)
Tech and Sustainability: Forging a Future Together
Environmental sustainability must be prioritized, with technology playing a crucial role. The synergy between these realms is essential for reducing carbon footprints and enhancing ESG reporting, driving positive impact. As we navigate our interconnected world, the harmony between sustainability and technology will continue to shape our future.
![The era of Glass Pipes: Blockchain](https://reseuro.magzter.com/100x125/articles/93/1796907/72kmrifSC1724057993380/THE-ERA-OF-GLASS-PIPES-BLOCKCHAIN.jpg)
The era of Glass Pipes: Blockchain
With clear visibility, real-time traceability and tamper-proof information – Blockchain can not only help our supply-chains and information tunnels in unclogging corruption and fraud but can also improve the flow of carbon accountability. Time to call the plumber?
![Greenovation: Building a Circular and Regenerative World](https://reseuro.magzter.com/100x125/articles/93/1796907/Twk0e_HSw1724052964182/GREENOVATION-BUILDING-A-CIRCULAR-AND-REGENERATIVE-WORLD.jpg)
Greenovation: Building a Circular and Regenerative World
This article examines how renewable energy, circular economy, and smart city initiatives are emerging as powerful tools to address these challenges and create a sustainable future for generations to come. Solar, wind, and hydroelectric power are at the forefront of this shift, each contributing to a more sustainable and efficient energy future. Sachidanand Upadhyay, Hasit Kaji, and other industry leaders share insights into the most promising developments in these fields and the challenges we face in accelerating their adoption.