An Analytical Approach for Power Energy Management System with Techno-Economic Concept with Small Scale Industries (Ssi) For Sustainable Development Strategy

Abstract

This research focuses on developing an analytical approach for a Power Energy Management System (EMS) with a techno-economic concept tailored for Small Scale Industries (SSI). The study explores the integration of techno-economic optimization principles to enhance energy management and carbon capture in the context of sustainable development for SSI. Various case studies on optimization projects, including microgrids, Demand Side Management (DSM), liquefied energy chains, and hybrid PV/Wind energy systems, are reviewed to draw insights for small-scale industrial applications. Predictive control techniques are considered for energy use and indoor environmental quality management within the techno-economic optimization process.

The role of Small Scale Industries (SSI) in the Indian economy is emphasized, highlighting their significant contribution to GDP, manufacturing turnover, exports, and employment. The paper discusses the lack of a universally accepted definition of 'small business' and presents diverse definitions from different countries.

The research methodology involves a detailed analysis of the energy sector, emphasizing its vital role in economic growth. Energy resources are classified into primary and secondary categories, encompassing various sources such as nuclear, hydro, solar, wind, and refined fuels. The study delves into energy supply and demand, presenting trends in the production of commercial energy in India. Projections for energy demand up to 2035 are provided, and the estimated energy supply for the years 2014-15 and 2022-23 is outlined.

The paper explores the energy consumption patterns in India across major sectors, including transportation, industry, agriculture, and services. Special attention is given to the industrial sector, where energy consumption is projected to rise, with a focus on natural gas, oil, and coal. The patterns of electricity consumption in India and the state of Madhya Pradesh are analyzed, emphasizing the dominant role of the industrial, domestic, and agricultural sectors.