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Showing posts from September, 2019

TECHNOLOGY AS A CATALYST IN RENEWABLE ENERGY SECTOR

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With global carbon emissions hitting an all-time high of nearly 37.1bn tonnes in the year 2018, the need to replace fossil fuels with renewables as an energy source is the need-of-the-hour. This has already started, and renewable energy is already coming across as a reliable, safer and cleaner source of energy. In the last decade, advancements in various technologies have given a boost to the progress of power transmission in India . However, the renewable energy sector is still facing some major challenges that can be easily overcome with the aid of transpiring technologies. Here are some of the ways in which Artificial Intelligence (AI) technology can make renewable energy more reliable: Smart Grids: Smart electric grids can retain 3% or more of overall electric demand without creating a change by identifying whether the system is balanced or optimized. In addition, the AI-powered smart grid can scrutinize data and supply us with detailed acumen on energy consumption ...

Technology as a catalyst in Renewable Energy sector

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Renewable Energy the sector is ready to become the face of tomorrow and technology is helping to accelerate the transformation. Advanced technological innovations such as efficient batteries, blockchain technology and intelligent meters (Internet of things IoT) which can connect intelligent grids and distribution networks will prove to be a solution for problems related to the transmission of renewable energy. Energy delivery distributors are forecasting peak consumption and are actively partnering with consumers with the help of a combination of cognitive computing and intelligent grids. ·          Blockchain integrates a tracked energy transaction with a financial transaction. It is involved in documenting the transactions and forming a reliable network of energy tracking. ·          Intelligent Meters (IoT) are making it possible for energy consumers and producers to keep a tab on consumption and ...