By Sreekumar Vijayan - Sr. Electrical Engineer
Editors: Ramesh Maini - CEO - President
Design and Layout: Adriana Gonzalez - Social Media
Indeed, you are correct in saying that, though there are extrinsic factors Power Management is crucial for efficient energy use, minimize waste and lower the cost of operations.
Reliable Power Management System (PMS), enhance resilience against interruptions and help align with environmental goals, reducing carbon footprints.
Power management is an ever-evolving field of electrical engineering design, as new technologies emerge and help alternative energy sources become more accessible and affordable. For example, use of power management system with energy storage system (ESS) offer improvement in battery life, lowered carbon emissions, and increased resilience of the power supply.
ESS with the help of Power Management System provides ways to store excess energy produced when reserve generating capacity is available. This stored energy will be made available when needed.
Name any facility, whether it be a Rig, FPSO, Lift boat, barges, Onshore / Offshore platform, PMS provides many advantages. Some of the mayor advantages are:
Reduced OPEX compared to power system without PMS
Flexibility - Improved use of stand by generators / ESS
Fuel saving through efficient load management
Realiability - early detection and fast response improve reliability
Backup power management with ESS
Reduce carbon foot print
Remote monitoring - Health & Fault Status, fuel consumption, warning etc.
Space saving
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