Role of CMAs in Renewable Energy Management

Authors

  • Vitin Kumar Sr. Engineer (Finance Systems) BHEL Haridwar

DOI:

https://doi.org/10.33516/maj.v59i11.23-26

Keywords:

No Keywords.

Abstract

Technological enabler such as big data analytics,Internet of Things (IoT) and advancement in computing and informatics make possible to match varying supply and demand of electricity through smart grid technology. Introduction of time of day (ToD) tariff and smart matters with regulatory backup brings advantages for all stakeholders. Consumers can be in winning position way by of rescheduling their power consumption requirement and reducing energy bills. This open a new window of opportunity for cost and management accountants to offer core expertise in rescheduling / reengineering production and processes of commercial entities, rendering inputs to regulators in pricing mechanism and auditing of information security systems.

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Published

2024-11-22

How to Cite

Kumar, V. (2024). Role of CMAs in Renewable Energy Management. The Management Accountant Journal, 59(11), 23–26. https://doi.org/10.33516/maj.v59i11.23-26

Issue

Section

Cover Story

References

Zhang, Y., Huang, T. and Bompard, E.F., 2018. Big data analytics in smart grids: a review. Energy informatics, 1(1), pp.1-24.

Gupta, R. and Chaturvedi, K.T., 2023. Adaptive Energy Management of Big Data Analytics in Smart Grids. Energies, 16(16), pp.1-19.

Oracle.com,2023, what is Big Data? [Online] Available At <https://www.oracle.com/in/ big-data/what-is-big-data/>

https://powermin.gov.in/[Accessed 02Oct 2024].

https://icmai.in/icmai/[Accessed 05 Oct 2024].

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