Hi Friends,

Even as I launch this today ( my 80th Birthday ), I realize that there is yet so much to say and do. There is just no time to look back, no time to wonder,"Will anyone read these pages?"

With regards,
Hemen Parekh
27 June 2013

Now as I approach my 90th birthday ( 27 June 2023 ) , I invite you to visit my Digital Avatar ( www.hemenparekh.ai ) – and continue chatting with me , even when I am no more here physically

Wednesday, 18 September 2024

Architecture for electricity transaction

 

Working on different Architecture for electricity transaction, says Nandan Nilekani


Extract:

 

The article discusses Nandan Nilekani's efforts in developing a novel architecture for electricity transactions. Nilekani emphasizes the need for a revamped system to handle electric transactions efficiently.

 

This initiative aims to enhance the current electricity management framework, potentially revolutionizing the sector. Working on this groundbreaking architecture showcases a forward-thinking approach to overcome challenges in electricity distribution and management.

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My Take:

 

A Smart Move, Shri Singh…….07/06/2018

 

"With the evolution of technology in the power sector, the call for smart meters and enhanced transactional systems becomes louder.

 

The emphasis on reducing technical losses and promoting energy conservation aligns perfectly with the vision for an advanced electricity infrastructure."


No Time to Look Back…….20/04/2017

 

"Nilekani's focus on developing a new architecture for electricity transactions resonates with the need for innovation in managing environmental challenges.

 

The integration of big data and financial incentives proposed in earlier works aligns well with the current push for a more efficient electricity ecosystem."


Call to Action:

 

To Nandan Nilekani and policymakers in the energy sector, I urge a collaborative effort to accelerate the adoption of advanced electricity transaction methodologies.

 

Embracing cutting-edge technologies like AI and Blockchain can pave the way for a sustainable and efficient electricity distribution system.

 

Let's work together towards a future where electricity transactions are seamless, secure, and environmentally sustainable.


With regards, 

 

Hemen Parekh

 

www.My-Teacher.in

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