Energy Management using Industrial Internet of Things (IIoT) and ISO 50001

Abstract

The manufacturers and businesses are under increasing pressure to reduce their energy consumption due to increase in energy cost and growing concern regarding global warming effect on our environment. Energy management is one of the fastest and most cost-effective ways to save money, cut greenhouse gas pollution and help businesses/ manufacturers to improve their energy efficiency. Proper energy management program reduces energy consumption, improve energy efficiency, reduces utility bills and improves profit. This can be achieved by having a proper energy management program in place which would not only improves the energy efficiency and it would also make the efficiency sustainable. “ISO 50001” can help the businesses/ manufacturers to reduce their energy consumption and achieve continual operational improvement. Measuring and considering the full array of benefits provided by energy efficiency is crucial to ensuring that all cost-effective efficiency resources are captured. New emerging technologies, such as Industrial Internet of Things (IIoT), propel the advancement of production process monitoring into real-time. An area where IIoT plays a major role is in the monitoring of energy consumption. Smart meters and sensors, which form the backbone of IIoT technology, provide awareness of energy consumption patterns by collecting real-time energy consumption data. As the data size amasses, a new word was coined – Industrial Big Data (IBD). With the help from IIoT and cheap data storage, IBD become available in almost every aspect of production process, including in energy management.