After reading this article you will learn about:- 1. Meaning of Energy Management 2. Steps for Energy Management 3. Objectives. Meaning of Energy Management: Energy management is the art and science of optimum use of energy to maximise profits (minimise costs) and thereby improve the economic competiveness. The energy should be used efficiently, economically and optimally. Energy management can also [...]
This article throws light upon the top five non-conventional sources of energy. The sources are: 1. Solar Energy 2. Wind Energy 3. Ocean Energy 4. Geothermal Energy 5. Small Hydro-Energy. Non-Conventional Source # 1. Solar Energy: Utilisation of solar energy is of great importance to India, since it lies in a tropical climate region of the world where sunlight is [...]
After reading this article you will learn about the economics of power generation. Power generation economics is important in controlling total power costs to the consumer. A study of power plant economics assists in power plant selection, and in introducing cost reduction techniques in plant operation. The power plant designer must consider the most economical conditions and not the most [...]