Product Development Lab Project

22ME111- PRODUCT DEVELOPMENT LAB- 1-
TEAM B1
Department: BE-EEE
Year: I Year
Developing an
AI-powered energy
management system
for industrial
commercial facilities to
optimize energy
consumption.
2
DETAILS
(Slide should have Detail about)
S.NO Name of the Register Number Year/Sem and

students Branch
1 P.pritheev(LEADER) 111723103058 1year/EEE
2 T.A.upendera 111723103050 1year/EEE
3 S.rajesh 111723103034 1year/EEE
Mentor 1 Dr. KAVITHA P

Mentor 2 SUKHI Y
3
THEME
1. Energy efficiency
2. Artificial intelligence
3. Industrial innoviation
4
THE PROBLEM
Clearly Define the problem

In this problem we want to help industrial facilities
optimize energy use,lower their costs and emission and
other flexibility to the grid
Problem Statement/ Proposed Idea

Energy consumption in industrial and commercial
facilities is a major expense for businesses and contributes
significantly to environment pollution the lack of visibility
and control over energy usage makes it difficult for business
to manage their energy cost and reduce their carbon
footprints conventional energy management system have
limitation in terms of accuracy and scalability and often
require manual intervention to operate efficiency
❖ WHAT CORE PROBLEM DOES YOUR PRODUCT SOLVE

our product will solve the energy management in
commercial industries
5
IDEA OVERVIEW
Explain your idea(Product/Service)
our motive idea for developing an ai-powered
energy management system for industrial
commercial facilities is to provide a solution that
can help your customer optimize their energy
consuption You
What type of product/service is yours?
we came up with the product of hardware
What stage (TRL level) is your idea
now?
our project is in the level of TRL2(concept
and application have been formulated)
6
THE SOLUTION
Whether the solution is a new one or improved from existing
one.
our solution of developing an ai powered energy
management system for industrial commercial facilities is a
new and innovative one
What is novelty in your solution?
The novelty of our solution is that we are using

artificial intelligence to optimize energy consumption
facilities which is a complex and dynamic problem that
requires advanced data analytics and machine learning
techniques
7
FLOW CHART:
START
ANALYSE DATA USING ARTIFICIAL INTELLIGENCE
MAKE PREDICTION FOR ENERGY DEMAND AND SUPPLY,

24 HOURS IN ADVANCE
ADJUST BUILDING ENERGY LOAD BASED ON COST OF

CARBON INTENSITY OF ELECTRICITY
MONITOR AND EVALUATE THE PERFORMANCE AND IMPACT OF THE

SYSTEM
END
8
CUSTOMER SEGMENT
Who is facing the problem that you are solving?
In this industrial customer are facing problem like

building energy management system ,weather condition
,and grid signals ,electricity bills ,optimize the energy use
of the facilities
Who is your target customer / Sector?
Our target target customer is industrial commercial

facilities are the owners or managers of such facilities
who want to optimize their energy consumption reduce
their costs and carbon emission and participate in energy
markets as source of flexible demand
iWho will pay for your product/ service ?
industrial customers will pay for our product
9
REFERENCE DETAILS
1. GEM-Analytics: Cloud-to-Edge AI-Powered Energy Management

D Tovazzi, F Faticanti, D Siracusa, C Peroni… - … Grids, Clouds, Systems …, 2020 - Springer
… that our platform can improve the energy load predictions … proprietary Building Management
System (BMS) or Energy …
2. Energetics Systems and artificial intelligence: Application

industry4.0 T Ahmad, H Zhu, D Zhang, R Tariq, A Bassam, F Ullah… -
EnergYReports, 2022 - Elsevier
… , energy management, transparency, and the usage of … AI in the energy industry and
different states of development. … The AI-powered systems can analyze energy collection data …
3..IoT and Sustainability Energy Systems: Risk and Opportunity
P Nanjundan, JP George - AI-Powered IoT in the Energy Industry: Digital …, 2023 - Springer
… also be used to improve industrial facilities. To achieve smart … of Things energy management
systems. These automation … a building, facility managers can identify places where energy …
10
Thank you
11

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22ME111- PRODUCT DEVELOPMENT LAB- 1-

S.NO Name of the Register Number Year/Sem and

Mentor 1 Dr. KAVITHA P

Clearly Define the problem

Problem Statement/ Proposed Idea

❖ WHAT CORE PROBLEM DOES YOUR PRODUCT SOLVE

Explain your idea(Product/Service)

our motive idea for developing an ai-powered

energy management system for industrial

commercial facilities is to provide a solution that

can help your customer optimize their energy

What type of product/service is yours?

we came up with the product of hardware

What stage (TRL level) is your idea

our project is in the level of TRL2(concept

and application have been formulated)

Whether the solution is a new one or improved from existing

our solution of developing an ai powered energy

management system for industrial commercial facilities is a

new and innovative one

What is novelty in your solution?

The novelty of our solution is that we are using

ANALYSE DATA USING ARTIFICIAL INTELLIGENCE

MAKE PREDICTION FOR ENERGY DEMAND AND SUPPLY,

ADJUST BUILDING ENERGY LOAD BASED ON COST OF

MONITOR AND EVALUATE THE PERFORMANCE AND IMPACT OF THE

Who is facing the problem that you are solving?

In this industrial customer are facing problem like

Who is your target customer / Sector?

Our target target customer is industrial commercial

iWho will pay for your product/ service ?

industrial customers will pay for our product

1. GEM-Analytics: Cloud-to-Edge AI-Powered Energy Management

2. Energetics Systems and artificial intelligence: Application

3..IoT and Sustainability Energy Systems: Risk and Opportunity

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