Power monitoring and control system may be of high benefice for the owner of an electrical network as a strategic piece in the global "Energy Efficiency" approach. Implementation of measuring devices with an adequate communication system
within the electrical installation can produce high benefits for the user: reduced power consumption, reduced cost of energy, better use of electrical equipment.
Calculating Total Cost of Ownership (TCO) of an electrical network not only includes the initial equipment investment but also its economic performance in operation. All of the features of the current developments lead to the appearance of a "New Electrical World" in which the key considerations will be:
controlling risks related to power outages
energy yield or efficiency and control of costs
renewable energy
the environment and sustainable development.
Prewiew two pages of this chapter here: energy efficiency and electricity.
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