Predictive Load Management Using Advance Data Analytics Where AI meets Demand Response! BY TEAM NEXUS 2/19/2024 TEAM NEXUS | ENERGY HACKATHON CONTENTS INTRODUCTION PROBLEM STATEMENT MAIN ISSUES DEVELOPED BY THE PROBLEMS APPLICABLE SOLUTIONS WHAT, AND HOW TO DO? ROADMAP & METHODOLOGY ADVANTAGES SWOT ANALYSIS CONCLUSION 2/19/2024 TEAM NEXUS | ENERGY HACKATHON INTRODUCTION PREDICTIVE LOAD MANAGEMENT Predictive load management is a sophisticated process aimed at enhancing the efficiency and reliability of power systems by forecasting future energy demand and adjusting supply accordingly. It integrates advanced technologies, data analytics, and optimization strategies to ensure energy supply meets demand in the most efficient way possible. WAYS: 1. Data collection 2. Data Processing 3. Predictive modeling 4. Load forecasting 5. Optimization Strategies 6. Continuous Improvement 2/19/2024 TEAM NEXUS | ENERGY HACKATHON 3 INTRODUCTION Demand Side Management: ❑ manage the demand for electricity in the power grid. ❑ aims to optimize the use of electricity. ❑ reduce the peak demand, and improve the overall efficiency of the power system. ❑ help to reduce the need for new power plants and other infrastructure. ❑ modify the energy consumption pattern by consumer. 2/19/2024 giving incentive to TEAM NEXUS | ENERGY HACKATHON 4 PROBLEM STATEMENT Increasing Energy Demand The global increase in energy demand is driven by population growth and industrial expansion, necessitating innovative solutions for sustainable energy production and consumption. 2/19/2024 Infrastructure limit Uneven Demand Uneven energy Limited infrastructures demand across for energy transportation hinder regions, influenced by economic disparities efficient distribution, and climatic causing disparities in variations, challenges energy access and the optimization of urging investment in energy production and modern, resilient necessitates flexible energy networks. energy systems. TEAM NEXUS | ENERGY HACKATHON Inaccurate\No Historical Data The lack of historical data or inaccuracies in existing datasets complicates energy forecasting and planning, underscoring the need for improved data collection and analysis methods. 5 EXPLAINING THE PROBLEM STATEMENTS Increasing Energy Demand • High demand in winter season and peak hours • Importing Electricity from neighboring country. • If unable to fulfill the demand then load shedding and blackouts. source: Sustainability | Free Full-Text | Energy Transition toward Cleaner Energy Resources in Nepal (mdpi.com) 2/19/2024 TEAM NEXUS | ENERGY HACKATHON 6 EXPLAINING THE PROBLEM STATEMENTS UNEVEN DEMAND Energy consumption is less in off peak hours (Peak/average ratio is less). 1600MW 650MW Time(hours) Consumers consumes more electricity during morning and evening time of the day. Source: High prices of imported electricity could affect power utility’s finances (kathmandupost.com) 2/19/2024 TEAM NEXUS | ENERGY HACKATHON 7 EXPLAINING THE PROBLEM STATEMENTS INFRASTRUCTURE LIMIT 2/19/2024 • Lack of water reservoir which leads to importing electricity in peak hours(Which is expensive) • Lack of two-way communication between utility and consumer. TEAM NEXUS | ENERGY HACKATHON 8 EXPLAINING THE PROBLEM STATEMENTS INACCURATE\NO HISTORICAL DATA Accurate and comprehensive data on past electricity consumption patterns is crucial for understanding current demand patterns and forecasting future demand. 2/19/2024 TEAM NEXUS | ENERGY HACKATHON 9 ENERGY CONTRIBUTION SCENERIO OF NEPAL 2/19/2024 TEAM NEXUS | ENERGY HACKATHON 10 LOAD-DEMAND PORTFOLIO OF NEPAL 2/19/2024 TEAM NEXUS | ENERGY HACKATHON 11 2/19/2024 TEAM NEXUS | ENERGY HACKATHON ISSUES and their IMPACT COMPARISON OF EXPORTED ENERGY TO INDIA IN FY 77/78, 78/79, 79/80 2/19/2024 TEAM NEXUS | ENERGY HACKATHON 13 ISSUES and their IMPACT IMPORTED ENERGY FROM DIFFRERENT LINES IN FY 77/78, 78/79, 79/80 2/19/2024 TEAM NEXUS | ENERGY HACKATHON 14 SOLUTIONS PREDICTIVE LOAD MANAGEMENT DEVICE(PLMD) 2/19/2024 TEAM NEXUS | ENERGY HACKATHON 15 Renewable Integration During Peak Hours User Consumption Data Future Demand Prediction Load Scheduling and Tariffs Development 2/19/2024 TEAM NEXUS | ENERGY HACKATHON 16 SOLUTIONS DYNAMIC TARIFF STRUCTURE Flat tariff Tariff with fixed peak hours No incentive Shifting of peak Real time tariff structure 2/19/2024 TEAM NEXUS | ENERGY HACKATHON 17 LOAD CATEGORIZATION Non- Deferrable Loads Deferrable Loads 9 2/19/2024 TEAM NEXUS | ENERGY HACKATHON 18 METHODOLOGY START RUN HIGH PRIORITY APPLIANCE YES REAVAILABLE? SCHEDULE MIDDLE AND LOW ORDER APPLIANCE ACCORDING TO RE AVAILABILITY NO STOP LOW AND MIDDLE ORDER APPLIANCE 2/19/2024 STOP TEAM NEXUS | ENERGY HACKATHON 19 ROADMAP SCALING TO LARGER AREAS ANALYZING EFFECTIVENESS OF PLMD DEPLOYMENT OF AI EQUIPPED PLMD IN SMALL COMMUNITY 15 IDEA PRESENTATION TO CONCERNED AUTHORITY 2/19/2024 TEAM NEXUS | ENERGY HACKATHON 20 ADVANTAGES ● Helps to ensure the availability of enough capacity to meet tomorrow’s demand ● Automatic integration of Renewable Energy sources (if available) 2/19/2024 TEAM NEXUS | ENERGY HACKATHON 21 ADVANTAGES Enhanced Grid Stability: By predicting demand, utilities can better manage resources to ensure a stable supply and reduce the risk of outages. Improved Energy Efficiency: Predictive analytics can identify patterns and optimize energy distribution, leading to more efficient use of resources. Cost Reduction: By optimizing energy production and distribution based on predicted demand, utilities can reduce operational costs and potentially lower costs for consumers. Increased Use of Renewable Resources: Predictive models can help integrate renewable energy sources into the grid more effectively by forecasting availability and demand. Customized Consumer Services: Utilities can offer dynamic pricing and tailored services based on predictive insights into consumer behavior and demand patterns. 2/19/2024 TEAMNEXUS NEXUS || ENERGY ENERGY HACKATHON TEAM HACKATHON 22 SWOT ANALYSIS WEAKNESS STRENGTH - Demand Prediction - Peak PV Switching - Incentive Earning - Low Precision Sensors - No Dynamic Tariffs - Bit Expensive OPPORTUNITIES - Data Collection - Smart Grid - Net Metering 2/19/2024 THREATS - Data Leaking - PSU Disrupt - Improper Handling TEAM NEXUS | ENERGY HACKATHON 23 VIDEO DEMONSTRATION 2/19/2024 TEAM NEXUS | ENERGY HACKATHON 24 HOW ENERGY DEMAND IS PREDICTED Energy Consumption Pattern Is Different For Different People But It Is Affected A Lot By Factor Such As : ● ● ● ● Weather Condition Holiday Past Consumption Pattern Festivals 2/19/2024 TEAM NEXUS | ENERGY HACKATHON 25 CONCLUSION Demand Prediction Deferrable Load Scheduling Automatic Renewable Integration Efficiency and cost saving Adaptability to Future Challenges 2/19/2024 TEAM NEXUS||ENERGY ENERGY HACKATHON TEAM NEXUS HACKATHON 26 DEMAND SIDE MANAGEMENT IS ACHIEVED 2/19/2024 TEAM NEXUS | ENERGY HACKATHON 27 THANK YOU!!! 2/19/2024 TEAM NEXUS | ENERGY HACKATHON REFERENCES: 1. Abdul Hafeez Abid and Ammar Hasan. An approach for demand side management of non-flexible load in academic buildings, IEEE, 2018. 2. Isaiah Adediji Adejumobi and Joseph Adesina Adeoti. Efficient utilization of industrial power: demand side management approach, IEEE, 2019 3. SP Anjana and TS Angel. Intelligent demand side management for residential users in a smart micro-grid, IEEE, 2017 4. Wan He. Load forecasting via deep neural networks. Procedia Computer Science, 122:308–314, 2017 5. K Maharaja, P Pradeep Balaji, S Sangeetha, and M Elakkiya. Development of bidirectional net meter in grid connected Solar PV system for domestic consumers. In 2016 International Conference on Energy Efficient Technologies for Sustainability (ICEETS), pages 46–49. IEEE, 2016. 6. Asha Radhakrishnan and MP Selvan. Load scheduling for smart energy management in residential buildings with renewable sources. In 2014 Eighteenth National Power Systems Conference (NPSC), pages 1–6. IEEE, 2014 7. Judith Stute and Matthias K ̈uhnbach. Dynamic pricing and the flexible consumer–investigating grid and financial implications, 2023 2/19/2024 TEAM NEXUS | ENERGY HACKATHON