The future of energy and technology management: Innovations, data-driven insights, and smart solutions development
1 Independent Researcher, Bloomfield, NJ, USA.
2 Cypress & Myrtles Real Estate Limited, Abuja, Nigeria.
3 Axxela Group, Lagos, Nigeria.
Review
International Journal of Science and Technology Research Archive, 2022, 03(02), 281-296.
Article DOI: 10.53771/ijstra.2022.3.2.0114
Publication history:
Received on 10 September 2022; revised on 20 October 2022; accepted on 23 October 2022
Abstract:
The future of energy and technology management is being shaped by innovations, data-driven insights, and the development of smart solutions that aim to address global energy challenges while promoting sustainability. As the demand for energy continues to rise, there is a growing need for advanced technologies that optimize energy production, distribution, and consumption. Key innovations, such as renewable energy technologies, smart grids, and energy storage systems, are paving the way for more efficient and sustainable energy management. The integration of data analytics and Internet of Things (IoT) devices allows for real-time monitoring and predictive analytics, enabling better decision-making in energy systems. These technologies are driving the shift towards decentralized energy models, where consumers can generate, store, and manage their energy consumption autonomously. Data-driven insights are crucial in optimizing energy usage and enhancing system reliability. Machine learning and artificial intelligence (AI) are being utilized to predict energy demands, identify inefficiencies, and optimize operational processes in real-time. By leveraging big data, energy managers can gain a deeper understanding of consumption patterns, enabling the creation of tailored energy solutions that reduce waste and lower costs. Furthermore, the development of smart cities and smart homes is transforming how energy is consumed, with interconnected systems that adjust energy use based on real-time conditions. As energy management becomes more sophisticated, the role of technology in developing smart solutions for energy efficiency and sustainability will continue to expand. The convergence of AI, IoT, and renewable energy will play a critical role in building a resilient and low-carbon energy infrastructure. The future of energy and technology management is not only about meeting the growing energy demand but also about achieving environmental sustainability and operational efficiency. Embracing these innovations will be key to unlocking the full potential of energy systems in the years ahead.
Keywords:
Energy Management; Technology Innovation; Data-Driven Insights; Smart Solutions; Renewable Energy; AI; IoT; Sustainability; Smart Grids; Energy Efficiency
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