• Home
  • Daily Updates
  • Academics
  • Ed-Leaders’ Corner
  • Jobs
  • Events
  • Blog
  • Magazine
    • Subscribe
    • Archive Edition
    • Subscription Form
  • Institutions
    • Engineering
    • Medical
    • Management
    • Finance and Accounts
    • Law
    • Humanities
    • Commerce
    • Science
    • Odd Vocation
    • Media and Journalism
    • Design
    • Hotel Management
    • Competition
    • Study Abroad
Friday, February 18, 2022
Higher Education Plus
Advertisement Banner
  • Home
  • Daily Updates
    • All
    • Agriculture
    • Banking & Finance
    • Economy
    • Education Sector
    • Entrepreneurs
    • Expert Speaks
    • Healthcare
    • Infrastructure
    • News
    • Policies
    • Startups
    • Technology
    Need for self-dependent students in self-reliant India

    Need for self-dependent students in self-reliant India

    SP Jain Global receives slew of high rankings in the Australian Quality Indicators for Learning and Technology (QILT) 2021 Graduate Outcomes Survey

    SP Jain Global receives slew of high rankings in the Australian Quality Indicators for Learning and Technology (QILT) 2021 Graduate Outcomes Survey

    Childhood cancer and treatment

    Childhood cancer and treatment

    New Globalization Redefines MBA

    New Globalization Redefines MBA

    Pandemic effect: UPSC Preparation in Flux IAS Gurukul announces new tech feature upgrade on App for UPSC Aspirants in 2022

    Pandemic effect: UPSC Preparation in Flux IAS Gurukul announces new tech feature upgrade on App for UPSC Aspirants in 2022

    Adil Meraj, Founder and CEO of Gurucool shares Education trends we can foresee in 2022

    Adil Meraj, Founder and CEO of Gurucool shares Education trends we can foresee in 2022

    Delhi University seeks response on its newly designed Undergraduate Curriculum Framework 2022

    Delhi University seeks response on its newly designed Undergraduate Curriculum Framework 2022

    Venkaiah Naidu: New education policy in accordance with Mahatma Gandhi’s ethos

    Venkaiah Naidu: New education policy in accordance with Mahatma Gandhi’s ethos

    Online learning a boon for the CAT 2021 topper

    Online learning a boon for the CAT 2021 topper

    National Board of Examinations announced changes in NEET MDS 2022 exam

    National Board of Examinations announced changes in NEET MDS 2022 exam

  • Academics
    • All
    • Admission
    • Exams
    • Internship
    • Results
    • Scholarship
    • Study Abroad
    Delhi University seeks response on its newly designed Undergraduate Curriculum Framework 2022

    Delhi University seeks response on its newly designed Undergraduate Curriculum Framework 2022

    Updates regarding NEET UG Counselling 2021

    Updates regarding NEET UG Counselling 2021

    Online learning a boon for the CAT 2021 topper

    Online learning a boon for the CAT 2021 topper

    National Board of Examinations announced changes in NEET MDS 2022 exam

    National Board of Examinations announced changes in NEET MDS 2022 exam

    Scholarships for Higher Education Plus

    Scholarships for Higher Education Plus

    Scholarships for Higher Education Plus

    Scholarships for Higher Education Plus

    Scholarships for Higher Education Plus

    Scholarships for Higher Education Plus

    Scholarships for Higher Education Plus

    Scholarships for Higher Education Plus

    Scholarships for Higher Education Plus

    Scholarships for Higher Education Plus

  • Ed-Leaders’ Corner
    • All
    • Higher Education
    • K12
    Need for self-dependent students in self-reliant India

    Need for self-dependent students in self-reliant India

    SP Jain Global receives slew of high rankings in the Australian Quality Indicators for Learning and Technology (QILT) 2021 Graduate Outcomes Survey

    SP Jain Global receives slew of high rankings in the Australian Quality Indicators for Learning and Technology (QILT) 2021 Graduate Outcomes Survey

    New Globalization Redefines MBA

    New Globalization Redefines MBA

    Pandemic effect: UPSC Preparation in Flux IAS Gurukul announces new tech feature upgrade on App for UPSC Aspirants in 2022

    Pandemic effect: UPSC Preparation in Flux IAS Gurukul announces new tech feature upgrade on App for UPSC Aspirants in 2022

    Updates regarding NEET UG Counselling 2021

    Updates regarding NEET UG Counselling 2021

    Online learning a boon for the CAT 2021 topper

    Online learning a boon for the CAT 2021 topper

    National Board of Examinations announced changes in NEET MDS 2022 exam

    National Board of Examinations announced changes in NEET MDS 2022 exam

    Scholarships for Higher Education Plus

    Scholarships for Higher Education Plus

    Scholarships for Higher Education Plus

    Scholarships for Higher Education Plus

  • Jobs
    • All
    • Career Advice
    • Get a Job
    • Recruit
    OMOTEC to conduct 10-day Robotics Workshop for students

    OMOTEC to conduct 10-day Robotics Workshop for students

    Dr Mukesh Kwatr

    Development can go hand with forestation: Dr.Mukesh Kwatra

    How to make your future bright in Naturopathy: Dr N K Sharma

    How to make your future bright in Naturopathy: Dr N K Sharma

    Dr Sunita Gandhi

    Help teachers overcome the fear of tech: Dr. S Gandhi

    Blended learning is an important pedagogy for B-Schools

    Blended learning is an important pedagogy for B-Schools

    Understanding the objective of fellowship is important

    Understanding the objective of fellowship is important

    OMOTEC’s four young geniuses win laurels at IRIS National Fair

    OMOTEC’s four young geniuses win laurels at IRIS National Fair

    Tremendous potential to uplift India’s schooling systems: Lina Ashar

    Tremendous potential to uplift India’s schooling systems: Lina Ashar

    Dr Malini Saba

    The Good, Bad, and Ugly for Education Sector From Budget 2021

  • Events
    • All
    • Events
    SP Jain Global receives slew of high rankings in the Australian Quality Indicators for Learning and Technology (QILT) 2021 Graduate Outcomes Survey

    SP Jain Global receives slew of high rankings in the Australian Quality Indicators for Learning and Technology (QILT) 2021 Graduate Outcomes Survey

    Venkaiah Naidu: New education policy in accordance with Mahatma Gandhi’s ethos

    Venkaiah Naidu: New education policy in accordance with Mahatma Gandhi’s ethos

    UAE leads winners at GESS Education Awards

    UAE leads winners at GESS Education Awards

    bml munjal

    BML Munjal University in Partnership with Indian Academy of Management hosts workshop to encourage management research

    The next important event is the citywide teachers’ council!

    The next important event is the citywide teachers’ council!

    TiE Delhi-NCR partners with Brainfeed

    TiE Delhi-NCR partners with Brainfeed to host ‘India Education Entrepreneurship Day’

    40 college societies and students get a chance to showcase their talent with realme’s Campus Stars Programs

    40 college societies and students get a chance to showcase their talent with realme’s Campus Stars Programs

    media-partner for LPU’s ‘Volatile Consumer Behavior & Marketing’ Conference

    Brainfeed Higher Education Plus: media-partner for LPU’s ‘Volatile Consumer Behavior & Marketing’ Conference

    Centre for Continuing Education inaugurated at NIT, Jalandhar

    Centre for Continuing Education inaugurated at NIT, Jalandhar

  • Blog
  • Magazine
    • Subscribe
    • Archive Edition
    • Subscription Form
  • Institutions
    • Engineering
    • Medical
    • Management
    • Finance and Accounts
    • Law
    • Humanities
    • Commerce
    • Science
    • Odd Vocation
    • Media and Journalism
    • Design
    • Hotel Management
    • Competition
    • Study Abroad
No Result
View All Result
  • Home
  • Daily Updates
    • All
    • Agriculture
    • Banking & Finance
    • Economy
    • Education Sector
    • Entrepreneurs
    • Expert Speaks
    • Healthcare
    • Infrastructure
    • News
    • Policies
    • Startups
    • Technology
    Need for self-dependent students in self-reliant India

    Need for self-dependent students in self-reliant India

    SP Jain Global receives slew of high rankings in the Australian Quality Indicators for Learning and Technology (QILT) 2021 Graduate Outcomes Survey

    SP Jain Global receives slew of high rankings in the Australian Quality Indicators for Learning and Technology (QILT) 2021 Graduate Outcomes Survey

    Childhood cancer and treatment

    Childhood cancer and treatment

    New Globalization Redefines MBA

    New Globalization Redefines MBA

    Pandemic effect: UPSC Preparation in Flux IAS Gurukul announces new tech feature upgrade on App for UPSC Aspirants in 2022

    Pandemic effect: UPSC Preparation in Flux IAS Gurukul announces new tech feature upgrade on App for UPSC Aspirants in 2022

    Adil Meraj, Founder and CEO of Gurucool shares Education trends we can foresee in 2022

    Adil Meraj, Founder and CEO of Gurucool shares Education trends we can foresee in 2022

    Delhi University seeks response on its newly designed Undergraduate Curriculum Framework 2022

    Delhi University seeks response on its newly designed Undergraduate Curriculum Framework 2022

    Venkaiah Naidu: New education policy in accordance with Mahatma Gandhi’s ethos

    Venkaiah Naidu: New education policy in accordance with Mahatma Gandhi’s ethos

    Online learning a boon for the CAT 2021 topper

    Online learning a boon for the CAT 2021 topper

    National Board of Examinations announced changes in NEET MDS 2022 exam

    National Board of Examinations announced changes in NEET MDS 2022 exam

  • Academics
    • All
    • Admission
    • Exams
    • Internship
    • Results
    • Scholarship
    • Study Abroad
    Delhi University seeks response on its newly designed Undergraduate Curriculum Framework 2022

    Delhi University seeks response on its newly designed Undergraduate Curriculum Framework 2022

    Updates regarding NEET UG Counselling 2021

    Updates regarding NEET UG Counselling 2021

    Online learning a boon for the CAT 2021 topper

    Online learning a boon for the CAT 2021 topper

    National Board of Examinations announced changes in NEET MDS 2022 exam

    National Board of Examinations announced changes in NEET MDS 2022 exam

    Scholarships for Higher Education Plus

    Scholarships for Higher Education Plus

    Scholarships for Higher Education Plus

    Scholarships for Higher Education Plus

    Scholarships for Higher Education Plus

    Scholarships for Higher Education Plus

    Scholarships for Higher Education Plus

    Scholarships for Higher Education Plus

    Scholarships for Higher Education Plus

    Scholarships for Higher Education Plus

  • Ed-Leaders’ Corner
    • All
    • Higher Education
    • K12
    Need for self-dependent students in self-reliant India

    Need for self-dependent students in self-reliant India

    SP Jain Global receives slew of high rankings in the Australian Quality Indicators for Learning and Technology (QILT) 2021 Graduate Outcomes Survey

    SP Jain Global receives slew of high rankings in the Australian Quality Indicators for Learning and Technology (QILT) 2021 Graduate Outcomes Survey

    New Globalization Redefines MBA

    New Globalization Redefines MBA

    Pandemic effect: UPSC Preparation in Flux IAS Gurukul announces new tech feature upgrade on App for UPSC Aspirants in 2022

    Pandemic effect: UPSC Preparation in Flux IAS Gurukul announces new tech feature upgrade on App for UPSC Aspirants in 2022

    Updates regarding NEET UG Counselling 2021

    Updates regarding NEET UG Counselling 2021

    Online learning a boon for the CAT 2021 topper

    Online learning a boon for the CAT 2021 topper

    National Board of Examinations announced changes in NEET MDS 2022 exam

    National Board of Examinations announced changes in NEET MDS 2022 exam

    Scholarships for Higher Education Plus

    Scholarships for Higher Education Plus

    Scholarships for Higher Education Plus

    Scholarships for Higher Education Plus

  • Jobs
    • All
    • Career Advice
    • Get a Job
    • Recruit
    OMOTEC to conduct 10-day Robotics Workshop for students

    OMOTEC to conduct 10-day Robotics Workshop for students

    Dr Mukesh Kwatr

    Development can go hand with forestation: Dr.Mukesh Kwatra

    How to make your future bright in Naturopathy: Dr N K Sharma

    How to make your future bright in Naturopathy: Dr N K Sharma

    Dr Sunita Gandhi

    Help teachers overcome the fear of tech: Dr. S Gandhi

    Blended learning is an important pedagogy for B-Schools

    Blended learning is an important pedagogy for B-Schools

    Understanding the objective of fellowship is important

    Understanding the objective of fellowship is important

    OMOTEC’s four young geniuses win laurels at IRIS National Fair

    OMOTEC’s four young geniuses win laurels at IRIS National Fair

    Tremendous potential to uplift India’s schooling systems: Lina Ashar

    Tremendous potential to uplift India’s schooling systems: Lina Ashar

    Dr Malini Saba

    The Good, Bad, and Ugly for Education Sector From Budget 2021

  • Events
    • All
    • Events
    SP Jain Global receives slew of high rankings in the Australian Quality Indicators for Learning and Technology (QILT) 2021 Graduate Outcomes Survey

    SP Jain Global receives slew of high rankings in the Australian Quality Indicators for Learning and Technology (QILT) 2021 Graduate Outcomes Survey

    Venkaiah Naidu: New education policy in accordance with Mahatma Gandhi’s ethos

    Venkaiah Naidu: New education policy in accordance with Mahatma Gandhi’s ethos

    UAE leads winners at GESS Education Awards

    UAE leads winners at GESS Education Awards

    bml munjal

    BML Munjal University in Partnership with Indian Academy of Management hosts workshop to encourage management research

    The next important event is the citywide teachers’ council!

    The next important event is the citywide teachers’ council!

    TiE Delhi-NCR partners with Brainfeed

    TiE Delhi-NCR partners with Brainfeed to host ‘India Education Entrepreneurship Day’

    40 college societies and students get a chance to showcase their talent with realme’s Campus Stars Programs

    40 college societies and students get a chance to showcase their talent with realme’s Campus Stars Programs

    media-partner for LPU’s ‘Volatile Consumer Behavior & Marketing’ Conference

    Brainfeed Higher Education Plus: media-partner for LPU’s ‘Volatile Consumer Behavior & Marketing’ Conference

    Centre for Continuing Education inaugurated at NIT, Jalandhar

    Centre for Continuing Education inaugurated at NIT, Jalandhar

  • Blog
  • Magazine
    • Subscribe
    • Archive Edition
    • Subscription Form
  • Institutions
    • Engineering
    • Medical
    • Management
    • Finance and Accounts
    • Law
    • Humanities
    • Commerce
    • Science
    • Odd Vocation
    • Media and Journalism
    • Design
    • Hotel Management
    • Competition
    • Study Abroad
No Result
View All Result
No Result
View All Result

Energy analytics gaining ground | By Dr Prakash Rao, Deputy Director, SIIB

Energy analytics gaining ground

By Dr Prakash Rao, Deputy Director, Symbiosis Institute of International Business (SIIB)

For decades, the energy sector has relied on labour-intensive and time-consuming techniques to uncover data pertaining to energy generation, transmission, storage, distribution and consumption. Lack of accurate and real-time data leads to several issues such as higher downtime, inefficient forecast of surges and shortages, delay in timely resolution of customer complaints, poor maintenance of energy systems, ineffective monitoring, price volatility and increased vulnerability to risks and frauds. These problems not only disrupt customer service but also cost significant revenue loss to organizations.

Energy analytics holds immense potential to overcome these constraints and enable energy and energy service companies to enhance their performance and business outcomes. It can transform the way energy companies undertake supply chain analysis, customer analysis, asset management analysis, risk management analysis and renewable energy analysis. The advantages associated with energy analytics are propelling its demand in the energy industry.

BOX INFOGRAPHICS

  • Energy analytics helps companies save a lot of money, resolve issues and improve efficacy
  • Energy and utility sector has contributed to 15% of all analytics jobs in 2018 as compared to 11% in 2017 in India.
  • The global energy analytics market is estimated to grow at 17.60% CAGR and reach the revenue of USD 1029.92 million during the forecast period 2019-2027
  • The share of renewable sources in meeting global energy demand is projected to grow by one-fifth in the next five years to reach 4% in 2023.

What is Energy Analytics?

Energy analytics refers to the use of sophisticated statistical software and machine learning algorithms to collect energy data and analyse it to deliver actionable insights pertaining to energy production, transmission, distribution and consumption patterns.

Market Size and Growth of Energy Analytics

The global energy analytics market is estimated to grow at 17.60% CAGR and reach the revenue of USD 1029.92 million during the forecast period 2019-2027.  The demand for energy analytics is growing at the fastest rate in the Asia-Pacific region.

Energy companies are rolling out smart meters, smart grids, IoT sensors and devices, EV chargers, automated communication networks and many other intelligence-gathering systems which in turn are generating mountains of data. Hence, analytics has emerged as a crucial tool to harness the power of data.

Career Opportunities in Energy Analytics

Though energy analytics is an emerging field, it is touted as the smart future of the energy sector. According to a report, the energy and utility sector has contributed to 15% of all analytics jobs in 2018 as compared to 11% in 2017 in India. This figure is likely to rise in the coming years, given the increased demand for skill sets related to energy analytics.

Energy companies need energy analytics professionals for data evaluation and translate complex data into easy, comprehensible and meaningful information. Some of the key areas where energy analysts can contribute are:

  • Reduction of energy expenditures
  • Forecast of supply and demand
  • Manage IoT sensors and other data sources in remote locations
  • Set up data-friendly infrastructure onsite and offsite
  • Develop green/renewable energy solutions
  • Conduct energy audits
  • Develop energy-efficient models
  • Smart grids and Smart Cities development

Since energy has its applications across industrial, commercial and residential areas, there are diverse job opportunities. Energy analysts work for both private and public sector companies operating in electricity, oil and gas, wind, solar and all other forms of energy. A few career options as energy analysts are mentioned below:

  • Energy Management Researcher

Energy management researchers collect and analyse data from various sources to provide information that can be useful to bring efficiency, safety and sustainability in the energy sector.

  • Energy Auditor

Energy auditors are responsible for inspecting buildings and structures to determine the sources of energy for optimising energy use and to promote energy efficiency. However, there are certain energy data centres such as, solar or wind which is difficult to access physically for audits. In such cases, energy auditors are required to tap into databases from a remote location and conduct the audit.

  • Climate Change Analyst

Climate change analyst collects and evaluates data related to weather conditions, ocean temperatures, greenhouse emissions, glaciers, pollution and anything that impacts climate. They create models, charts, graphs, tables and reports from complex and raw data. The information generated by them is used for energy, environmental agencies, corporate entities in the industry, government, policymakers and civil society.

  • Renewable Energy Analyst

The share of renewable sources in meeting global energy demand is projected to grow by one-fifth in the next five years to reach 12.4% in 2023. There is a dire need for renewable energy analysts who can measure renewable energy business modelsand create sustainable energy models.

There is no doubt that energy analytics as a sector is poised for exponential growth and will create lucrative career opportunities.

Tags: Energy analytics gaining ground

Related Posts

Need for self-dependent students in self-reliant India
Blog

Need for self-dependent students in self-reliant India

by HEP Online Bureau
February 16, 2022
0

When PM Narendra Modi unveiled his dreams about Atma nirbhar Bharat (Self-reliant India) on 12 May 2020, his intention would...

Read more
Childhood cancer and treatment

Childhood cancer and treatment

February 11, 2022
New Globalization Redefines MBA

New Globalization Redefines MBA

February 11, 2022
Adil Meraj, Founder and CEO of Gurucool shares Education trends we can foresee in 2022

Adil Meraj, Founder and CEO of Gurucool shares Education trends we can foresee in 2022

February 1, 2022
“Those who have creative mind should serve the society through their talent”:Dr Sudarsan Pattnaik

“Those who have creative mind should serve the society through their talent”:Dr Sudarsan Pattnaik

December 20, 2021
Load More

TRENDING THIS WEEK

IIM Calcutta launches APSPM Programme with Eruditus

IIM Calcutta launches APSPM Programme with Eruditus

February 18, 2022
Daskalos Virtual Academy Private Limited: 90+ My Tuition App to Create 10,000+ Entrepreneurial Opportunities

Daskalos Virtual Academy Private Limited: 90+ My Tuition App to Create 10,000+ Entrepreneurial Opportunities

February 18, 2022
Building the global citizens of tomorrow through the power of education

Building the global citizens of tomorrow through the power of education

February 17, 2022
Boys and Machines notices rising luxury pre-owned car demand from Tier-II and Tier-III cities

Boys and Machines notices rising luxury pre-owned car demand from Tier-II and Tier-III cities

February 16, 2022
Need for self-dependent students in self-reliant India

Need for self-dependent students in self-reliant India

February 16, 2022
iSchoolConnect Technologies to host India’s biggest Study Abroad Fest

iSchoolConnect Technologies to host India’s biggest Study Abroad Fest

February 16, 2022

FOLLOW US

Highereducationplus

Contact Info

Plot No: 47, Rd Number 4A, adjacent to Bose Edifice, Golden Tulip Estate, Raghavendra Colony, Hyderabad, Telangana 500084
Email: info@highereducationplus.com

Quick Links

  • About
  • Brainfeed Group of Magazines
  • Advertise
  • Privacy Policy
  • Contact
  • About
  • Brainfeed Group of Magazines
  • Advertise
  • Privacy Policy
  • Contact

© 2021 Higher Education Plus. All rights reserved.

No Result
View All Result
  • Home
  • Daily Updates
  • Academics
  • Ed-Leaders’ Corner
  • Jobs
  • Events
  • Blog
  • Magazine
    • Subscribe
    • Archive Edition
    • Subscription Form
  • Institutions
    • Engineering
    • Medical
    • Management
    • Finance and Accounts
    • Law
    • Humanities
    • Commerce
    • Science
    • Odd Vocation
    • Media and Journalism
    • Design
    • Hotel Management
    • Competition
    • Study Abroad

© 2021 Higher Education Plus. All rights reserved.

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In