Energy Management

Energy is the essential natural resource for national economic progress. The role of energy as a factor of manufacture or service in all sectors of the economy – transportation, industry, commerce, domestic and agriculture – has been supposing raising importance as the availability and dependability of supply and quality of energy resources have been failing.

Till around a couple of decades ago the nations of the world were bask in the promises held out by continuously accelerating the expansion of their economies, utilizing the natural resources conferred by nature, and using evolving methodologies of ever-raising versatility; it emerged that man was on the verge of getting control over nature. It is only as 1973 that the constraints due to the harshly finite nature of the fossil resources have come to be valued. In addition to shortage of materials and energy, ecological and biological constraints are placing restriction on the exploitation of natural resources. Combined with growing populations, the clear conclusion is that per capita economic well-being, mainly in the Third World countries, that are hoping to attain standards of living comparable to those of the industrialized countries, can only get worse? Whereas the main causes for this are communal and political, technical intervention, even at this phase, might alleviate the condition.  

The technology, organization, and economics of energy conversion should be high on the schedule of all organizations hoping to stay competitive and gainful. The strategies for attaining effective energy conservation are depending on thermodynamic and thermo-economic considerations. It is essential for energy engineers and technologists to come to holds with the thermodynamics of energy conversion procedures.