AI-Powered Energy Management System for Industry

The industrial sector, serving as a linchpin of global economic growth, continually shapes innovation, job creation, and wealth accumulation. However, its indispensable role is juxtaposed with substantial energy consumption, contributing significantly to the world’s energy usage and environmental footprint. In their pursuit of heightened competitiveness and profitability, industries confront a pressing challenge: the judicious management of energy resources. Striking a harmonious equilibrium between cost-efficiency, operational excellence, and environmental sustainability presents a formidable complexity. Compounding this complexity is the reluctance of traditional energy management methodologies to adapt to the dynamic and data-rich landscapes characterizing modern industrial domains. This research paper ventures into the heart of these challenges, exploring the convergence of the industrial sector, energy management, and technological advancements. Within this multifaceted landscape, it scrutinizes the intricacies of contemporary industrial environments, exposing the inherent complexities of responsible energy management. With data-driven technologies and advanced analytics as guiding lights, this study illuminates a transformative path forward—transcending conventional paradigms to forge a new era of efficiency, sustainability, and profitability.

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Publication Details

Published
2024-08-23
DOI
https://doi.org/10.1109/iccubea61740.2024.10774788
Citations
1
Primary Topic
Currency Recognition and Detection
Type
article
Field-Weighted Citation Impact
0.25
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AI-Powered Energy Management System for Industry

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1 citations
Currency Recognition and Detection
0.25
article

AI-Powered Energy Management System for Industry

Shridhar Gore, Kapil Vhatkar, Prajakta Jadhav, Piyush Gamne, Prathmesh Gaikwad
article en
1 citations

Abstract

The industrial sector, serving as a linchpin of global economic growth, continually shapes innovation, job creation, and wealth accumulation. However, its indispensable role is juxtaposed with substantial energy consumption, contributing significantly to the world’s energy usage and environmental footprint. In their pursuit of heightened competitiveness and profitability, industries confront a pressing challenge: the judicious management of energy resources. Striking a harmonious equilibrium between cost-efficiency, operational excellence, and environmental sustainability presents a formidable complexity. Compounding this complexity is the reluctance of traditional energy management methodologies to adapt to the dynamic and data-rich landscapes characterizing modern industrial domains. This research paper ventures into the heart of these challenges, exploring the convergence of the industrial sector, energy management, and technological advancements. Within this multifaceted landscape, it scrutinizes the intricacies of contemporary industrial environments, exposing the inherent complexities of responsible energy management. With data-driven technologies and advanced analytics as guiding lights, this study illuminates a transformative path forward—transcending conventional paradigms to forge a new era of efficiency, sustainability, and profitability.

Dr. D. Y. Patil Medical College, Hospital and Research Centre (IN)
Affordable and clean energy
Openalex Percentile: Top 42%
Currency Recognition and Detection
0.25
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