A Novel Methodology for Developing an Advanced Energy-Management System

Abstract

Current targets, which have been set at both the European and the international level, for reducing environmental impacts and moving towards a sustainable circular economy make energy efficiency and digitization key elements of all sectors of human activity. The authors proposed, developed, and tested a complex methodology for real-time statistical analysis and forecasting of the following main elements contributing to the energy and economic performance of an end user: energy performance indicators, power quality indices, and the potential to implement actions to improve these indicators, in an economically sustainable manner, for the end user. The proposed methodology is based on machine learning algorithms, and it has been tested on six different energy boundaries. It was thus proven that, by implementing an advanced energy management system (AEMS), end users can achieve significant energy savings and thus contribute to the transition towards environmental sustainability.