Modeling information and communication technology solutions for the energy sector management

Abstract

The modern world is facing challenges in the area of energy management. Information and Communication Technologies (ICTs) are among the most important tools for managing, monitoring, and improving energy consumption efficiency, provided they are implemented and used for this purpose. Not all countries are dealing with these issues successfully and effectively. Therefore, scientific and practical solutions based on region specifics are necessary. It is crucial to understand that energy management in modern theories does not only mean reducing energy consumption but also includes controlling and preventing energy loss. It also focuses on energy efficiency, the use of natural renewable and sustainable energy, energy recovery, and solar energy, which is the most abundant source next to wind energy, hydropower, ocean energy and bioenergy. Modern global energy consumption is drastically increasing since many factors determine the need. Important factors vary from socioeconomic to population increase, making the need for energy security and efficiency assurance essential to secure energy resources in the world in general and in developing countries specifically. ICTs are spreading worldwide and affecting the global systems in many livelihood sectors. ICTs have a wide positive impact on huge economic and developmental factors, from increasing productivity to controlling and monitoring the systems. The importance of energy supply in developing countries and the possibilities brought by ICTs for their management are deniable. The role of innovation in the world is very important, as well as the possibilities that were brought by ICTs for their management to create solutions that positively affect sustainability. The dissertation aims to identify the factors determining the improvement of energy sector management with the help of ICTs in developing countries.