Modelling of Integrated Energy Management Program for Efficient Consumption Reduction
Keywords:
Demand side management, energy management, energy efficiency, supply side managementAbstract
The need to significantly reduce end users’ energy demand and energy bills have been a global concern. This study aims to propose a better and more effective means of reducing end users’ energy bills. Energy efficiency and demand response programs were modelled, and the resulting demand was used to model an on-site generation to achieve an effective and better improvement in the end user’s peak demand and energy bill. For the energy-efficient model, when compared with the presently installed loads, 12.7% of the annual energy was saved. The optimization carried out on a Primary Health Care (PHC) load improved the load factor from 0.4376 to 0.8280 and the peak demand from 2.2kW to 0.70 kW. Thus, saving about 41.65% of the end user’s yearly energy cost. Considering an on-site generation program, there will be a user’s annual cost savings of about 54% for 8 years which is the payback period, after which the yearly savings will increase drastically. The results obtained from this study showed a significant advantage of integrating energy management programs to better combat the challenges of energy management by greatly reducing users’ energy demand and energy bills.