Umesh is the founder and CEO of E-Cube Energy Trading Pvt. Ltd. He is an alumnus of Scottish Church College at Calcutta University, and focuses on using data analytics to promote energy efficiency in SME and MSMEs. His publications in energy analytics have received thousands of views on Slideshare. Umesh is a member of several organizations including AEEE and the Bengal Chamber of Commerce and Industry. To access audio recording, click here
What got you interested in the area of Energy efficiency?
My family had a business in the space of power management. When I joined the family business, I noticed that there was a lot of activity in the climate change and carbon markets and that made me take a deeper interest in this field.
What motivated you to start E-Cube?
I noticed a gap in the way energy efficiency was sold to industry, but initially, I started E-Cube to help industries to take advantage of the Clean Development Mechanism. But once the carbon market tanked, E-Cube moved to energy efficiency analytics. We work with industries to add value to their business operations by focusing on energy, economy and environment (hence the name E-Cube).
What are the services offered by E-Cube?
We have a suite of energy analytics platform for textiles and foundries that helps in energy data analytics. We are releasing a SAAS (Software as a Solution) for this sector for motor performance in August. Companies can use the analytics and data for reducing their operating costs.
How has the use of energy analytics and data evolved in India over the past few years?
In the energy space, the oil and gas sector has used analytics extensively. Recently many buildings have sophisticated building management systems (BMS) that has helped in providing useful and relevant data. However, industrial sector has been slow to adopt to measuring and analyzing energy data, and the use of data is limited to large sites. Even there, once the data is collected, how to use the data efficiency and intelligently remains a challenge. The good news is that industries are warming up to the potential, but the focus needs to be on using the data rather than just acquiring the data.
What are some of the government policies to help Energy Efficiency Analytics?
Under the PAT scheme, there is a need to collect a lot of data and that needs to be collated and analyzed. The industries are getting used to collecting and using this data. Under COP21, countries have to report their energy and emissions consumption. This adds another regulatory level push for data collection nd analysis. The downside is that there have been many energy audits that have taken place in India. Making this data digitized can help in analyzing the trends, getting insights and help in the overall growth of EE in the industry.
We spoke about PAT in India, are there similar initiatives in neighboring countries?
E-Cube is working with a World Bank funded project in Bangladesh as a pilot project to demonstrate the use of data for energy efficiency. But the progress of using data for decision making overall in neighboring countries of India has been slow.
Are there any specific sectors in your experience where the use of data has been used effectively?
E-Cube has worked with textile industry clients in India to using data for EE. We have managed almost 1 million spindles for EE in spinning industries. The way the industry assesses the energy consumption is being modified once we start using the collected performance and energy consumption data. Some of this includes streaming processes, use machine level data to help in decision making, etc.
Have you seen any trends or patters in implementation of Energy Efficiency measures in industries in India?
Under PAT Phase I, a lot of projects that were implemented focused on changing the equipment. But now, the industries are looking at changing the processes rather than equipment alone. Industries are implementing energy management standards and also standardizing the way the data is reported. The formats of reports have also been changing. The transformation has however not yet percolated down to the SMEs, who are still challenged with issues related to say motors and VFDs. But this change could happen in the next 3 or 4 years.
How can listeners reach out to you if they have any questions?
Listeners could look up E-Cube on Twitter, Facebook or LinkedIn or write to Umesh at email@example.com