Management of Existing Capacity of Electric Power with Energy Saving Devices

Abstract

The strategy of management of the existing capacity by proper illumination design and the use of energy saving devices in the residential sector is reported. Improper installation design and the use of all sorts of devices at homes has led to a lot of electrical energy wastages resulting in the need to increase the generation capacity. The study revealed that annual energy of 551.88kWh could be saved for a three – bedroom flat when energy saving fluorescent lamps were used. The corresponding naira savings was 2,207.52 per annum. In addition, the sizes of cable, fuses/circuit breakers required are reduced and hence reduction in the cost of installation. The paper advocates the need for proper design and installation of energy saving devices in homes. The paper will be of relevance to lighting installation designers, power systems engineers, power utility managers, and the general public.

Explore the Complex Interaction between Green Investment and Green Ecology: Evaluation from Spatial Econometric Models and China’s Provincial Panel Data

“…In summary, this research finds that China's green investment and green ecology have a significant positive interaction mechanism from the level of dynamic relationship, influence mechanism, and regional heterogeneity. Our conclusion confirms the research conclusions of Shen et al [16], Ekeh, Wara, and Orovwode [11].…”

“…In terms of GE, Ekeh, Wara, and Orovwode [11] indicated that green finance is effective for economic greening and low-carbon development. Labatt [19] indicated that green finance provides the foundation for the development of the GE and provides the possibility for sustainable development; Wang and Wang [20] argued that green finance has different effects on inclusive economic growth in different regions and has a great impact on the central and western regions.…”

“…In summary, academic circles have different views on the impact mechanism of green investment and green ecology. Scholars, including Shen et al [16], Ekeh, Wara, and Orovwode [11], Ebru et al [25], Zhu [13], and others, argued that there is a positive spillover effect between green ecology and green investment efficiency. The results of the EU and the USA experience that the most effective way to attract additional financing to the green goals implementation is to develop and activate the green investment market [26].…”

“…However, both the short-term rapid restoration of green ecology and the sustainable long-term improvement require the green financial system as an engine to provide power. As an important model of the green financial system [9], green investment is widely involved in the fields of emerging energy [10], promoting economic colocalization [11], and social welfare [12], providing an economic foundation for the realization of green ecology. Moreover, green investment in China remains static or develops at a constant rate, which is unchangeable inertia [13,14].…”