A smart grid is an electrical grid that uses information and communications technology to gather and act on information, such as information about the behaviors of suppliers and consumers, in an automated fashion to improve the efficiency, reliability, economics, and sustainability of the production and distribution of electricity. Smart grids are now being used in electricity networks, from the power plants all the way to the consumers of electricity in homes and businesses. The “grid” amounts to the networks that carry electricity from the plants where it is generated to consumers. The grid includes wires, substations, transformers, switches etc. The major benefits are significant improvement in … Continue reading →
Managing and reducing energy consumption not only saves money but also helps in mitigating climate change and enhancing corporate reputation. The primary objective of energy management is to achieve and maintain optimum energy procurement and utilisation, throughout the organisation which may help in minimizing energy costs and mitigating environmental effects. Infact, energy management is widely acknowledged as the best solution for direct and immediate reduction of energy consumption. Importance of Energy Management Energy should be regarded as a business cost, like raw material or labour. Companies can achieve substantial reduction in energy bills by implementing simple housekeeping measures. Reduction and control of energy usage … Continue reading →
Middle East has been witnessing a rapid increase in energy consumption due to high degree of industrialization, high standards of living and exponential increase in population. Infact, the level of primary energy consumption in the Middle East is among the highest worldwide. These factors have made businesses in Middle East to realize that effective energy management is not only good for the businesses but also an essential requirement. In recent years, many businesses in the Middle East have come up with dynamic strategies to achieve immediate reduction in energy consumption. This trend towards effective energy management is expected to continue … Continue reading →
With growing awareness among consumers for eco-friendly products, it is becoming highly important for businesses in the Middle East to adopt and implement green strategies. It is not only the requirement of customers but also compliance to regulations and reduction in operating costs that drive the implementation of environment-friendly methods in business. Corporate social responsibility (or CSR) is now driven by pollution prevention, energy efficiency, eco-friendly design, and industrial ecology across all industrial sectors. Components of a Green Business A green business appears to be an expensive and cumbersome process. On the contrary it is quite easy to have a green … Continue reading →
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