Explicating energy saving intention from the prospect of small medium enterprises

Nguyen, Phuong; Tran, Khoa T.

doi:10.9770/jesi.2020.8.2(43)

Cited by 3 publications

(2 citation statements)

References 56 publications

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“…To achieve the objectives described above, one needs to implement planned measures and procedures for energy saving and change the attitude of companies. Simple measures to determine energy savings provide step-by-step guidance for determining savings opportunities in existing plants for resource optimization and control of operating costs [50][51][52]. One of the solutions to initiate many sustainability initiatives is building projects.…”

Section: Project Management In An Efficient Energy Consumptionmentioning

confidence: 99%

Effective Management of Energy Consumption during the COVID-19 Pandemic: The Role of ICT Solutions

et al. 2021

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This research tackles effective and functional management practices in energy consumption using advanced technological solutions to mitigate unexpected events. This study specifically focuses on the recent COVID-19 pandemic that led to a reduction in energy consumption and therefore meddled with the project management’s status quo for the energy sources. Moreover, this research analyzes the role of information and communication technology (ICT) solutions in energy management before and after the recent coronavirus pandemic turmoil. This study also examined the role and place of sustainable energy resources in the effective management of energy consumption during the COVID-19 pandemic. The main purpose of this research is to demonstrate how the recent coronavirus pandemic affected energy consumption and energy prices in many countries and how it paved the way for the new ICT in managing energy consumption. This study elaborated a model to show how these changes evolved in selected European Union (EU) Member States. It turns out that adjusted electricity consumption, as well as the average daily spot electricity prices for the baseload power in the EU countries, declined, and this trend is likely to continue in the next years to come. Due to the COVID-19 pandemic, substantial changes in the economy led to reduced office space usage, cutting commuting and business trips, and bringing commercial travel almost to a halt, further shifting the energy balance towards renewable energy sources (RES). Besides, it becomes apparent that ICT solutions used in maintaining and superintending the energy balance are gaining popularity and wide recognition worldwide and will help pave the way towards modern and smart high-renewables grids.

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Section: Project Management In An Efficient Energy Consumptionmentioning

confidence: 99%

Effective Management of Energy Consumption during the COVID-19 Pandemic: The Role of ICT Solutions

et al. 2021

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“…A significant role of green Gross Domestic Product (GDP) towards energy consumption was suggested by Skare et al [30] on different sources of energy. Using the panel cointegration technique, the authors analyzed the data of nine years from 2008 onwards over 36 countries, this method was also suggested by Nguyen, P.V and Tran, K.T [31]. The analysis said that the increase in energy consumption was directly proportional to green GDP by the sectors that are damaging the environment, whereas renewable energy consumption reduces the gap between green GDP and GDP which was discussed in Khudyakova, T et al [32].…”

Section: Literature Reviewmentioning

confidence: 99%

Forecasting of Energy Demands for Smart Home Applications

Bhatt

Danalakshmi²,

Hariharasudan

et al. 2021

Energies

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The utilization of energy is on the rise in current trends due to increasing consumptions by households. Smart buildings, on the other hand, aim to optimize energy, and hence, the aim of the study is to forecast the cost of energy consumption in smart buildings by effectively addressing the minimal energy consumption. However, smart buildings are restricted, with limited power access and capacity associated with Heating, Ventilation and Air Conditioning (HVAC) units. It further suffers from low communication capability due to device limitations. In this paper, a balanced deep learning architecture is used to offer solutions to address these constraints. The deep learning algorithm considers three constraints, such as a multi-objective optimization problem and a fitness function, to resolve the price management problem and high-level energy consumption in HVAC systems. The study analyzes and optimizes the consumption of power in smart buildings by the HVAC systems in terms of power loss, price management and reactive power. Experiments are conducted over various scenarios to check the integrity of the system over various smart buildings and in high-rise buildings. The results are compared in terms of various HVAC devices on various metrics and communication protocols, where the proposed system is considered more effective than other methods. The results of the Li-Fi communication protocols show improved results compared to the other communication protocols.

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The Dilemma of Long-Term Development of the Electric Power Industry in Kazakhstan

et al. 2021

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This article discusses the current state and trends in the development of the electric power industry in Kazakhstan. An analysis of the energy supply and energy intensity of Kazakhstan’s GDP is provided in this paper. The results of the foresight of the risks and opportunities of the energy industry are described. This study identifies the relationship between the traditional development of the energy industry and the development of alternative energy sources. In addition, the work examines the risks and consequences of various trends in the development of national and global energy. Previous studies have shown that government efforts are insufficient in developing an alternative energy sector in Kazakhstan. The research results show that there is a need to transform energy production from traditional sources towards greater efficiency and environmental friendliness, as well as the active involvement of the business community in the development of an alternative energy market. This is expected to attract more investments and transfer technologies to maintain the country’s position in the energy market of the future.

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Explicating energy saving intention from the prospect of small medium enterprises

Cited by 3 publications

References 56 publications

Effective Management of Energy Consumption during the COVID-19 Pandemic: The Role of ICT Solutions

Effective Management of Energy Consumption during the COVID-19 Pandemic: The Role of ICT Solutions

Forecasting of Energy Demands for Smart Home Applications

The Dilemma of Long-Term Development of the Electric Power Industry in Kazakhstan

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