DocumentCode :
1269316
Title :
Right power, right price [enterprise energy management systems]
Author :
Forth, Brad ; Tobin, Terrence
Author_Institution :
Power Meas., Victoria, BC, Canada
Volume :
15
Issue :
2
fYear :
2002
fDate :
4/1/2002 12:00:00 AM
Firstpage :
22
Lastpage :
27
Abstract :
Beyond price, large energy consumers are increasingly demanding higher value for their energy investment. For many businesses, especially those that are part of the burgeoning digital economy, this includes an expectation of energy delivered at higher levels of quality and reliability. These factors are driving enterprises on both the supply and demand side of energy to seek better strategies to manage the cost and quality of the energy product and the energy assets that produce, deliver, control, and consume it. However, to achieve this, all enterprises face three very large and fundamental challenges, which are the needs to: support the economic and efficient delivery, purchasing, and use of energy, guarantee higher levels of power quality and reliability the grid cannot currently deliver Supply the increasing demand for energy while establishing a market-based pricing system. The key to addressing all of these challenges is an Internet-enabled enterprise energy management (EEM) system that delivers real-time information and control through an efficient, economical, and scalable architecture
Keywords :
Internet; costing; electricity supply industry; energy management systems; power supply quality; power system control; power system economics; power system reliability; Internet-enabled enterprise energy management; cost control; digital economy; energy assets; energy delivery; energy purchase; enterprise energy management systems; large energy consumers; market-based pricing; market-based pricing system; power quality; real-time control; real-time information; reliability; Asset management; Costs; Energy management; Investments; Power generation economics; Power quality; Power system economics; Power system reliability; Quality management; Supply and demand;
fLanguage :
English
Journal_Title :
Computer Applications in Power, IEEE
Publisher :
ieee
ISSN :
0895-0156
Type :
jour
DOI :
10.1109/67.993756
Filename :
993756
Link To Document :
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