Internal Combustion Engines vs. Electric Vehicles

Envision-Monitoring on News

With the current rise of our Fuel, one would think of switching to an alternative mode of transportation like Mass transport, carpooling, or going green with bikes or our topic this time; Electric Vehicles.

Are electric vehicles viable and cheaper compared to owning and operating an ICE (internal combustion engine) Vehicle?

Operating an ICE would take your costing to measure km per litre. An average daily car would clock at least at 16km/L and a daily travel going to work or other essential affair would take around 48.3km. However, a vehicle’s consumption changes depending on the road condition and of course, the traffic’s volume.

Enter Electric Vehicles, EVs are starting to gain fame for not only being a cleaner alternative to petrol operated vehicles, but also with its claim of being cheaper to run. Recent studies shows that the average cost to operate an EV in the United States is $485 per year, while the average for a gasoline-powered vehicle is $1,117. A really big difference especially now with our current state where prices are continually rising, we need to look for options where we can stretch more of our budget, right?

Electric Vehicles are undoubtedly more expensive than internal combustion engines upfront. However, one should consider that EVs are just starting to become a trend and ICEs have 100 years of head start. Hence, we should expect EVs to become cheaper upfront in the future as the technology becomes common and parts became available worldwide.

“But EVs are no fun, we can’t race of feed our need for speed”

EVs are designed with high respect to Aerodynamics since these cars need to reach further with its batteries. These vehicles are also faster than your average small displacement vehicles (1.3L up) since Electric Motors offers less friction from its moving parts. Hence a whole lot of power going into the wheels.

Another significant difference of EVs to ICEs are their cheaper maintenance cost. ICEs are mostly consisted of 100s of moving parts which can malfunction or break one at a time or worst, in a chain. While EVs only has few moving part, its motors, making it cheaper if not at all a maintenance free vehicle. Considering that you know how to properly maintain a vehicle.

While ICEs are being refuelled at Gas Stations roadside, EVs are also charged at Electric Charging Stations roadside or comfortably being charged at home every time the owner gets home. With this, the owner gets to have a “Full-tank” vehicle every day when he gets up and get ready to work. Envision Monitoring’s EN-CORE device can be attached and control and monitor the operation of the charger and protect against power demand spiking ensuring maximum efficiency and safety.

With all things considered, we think that EVs have a lot of potential given the chance to fight its way into the market. Offering the same range, quality, function, and fun of operating internal combustion engines we all loved but sooner or later can see its end of reign in our daily roads due to the price and emissions hazard of their fuel.

Sources:
https://www.caranddriver.com/research/a32781943/electric-cars-vs-gas-cars/
https://evercharge.com/blog/electric-cars-vs-gas-vehicles-what-you-need-to-know/
https://www.energysage.com/electric-vehicles/costs-and-benefits-evs/evs-vs-fossil- fuel-vehicles/
https://avt.inl.gov/sites/default/files/pdf/fsev/compare.pdf
https://insideevs.com/features/557987/ev-versus-gas-price-comparison/
https://www.reddit.com/r/electricvehicles/comments/8xp5vu/review_honda_clarity_plugin_hybrid/

3 Future Trends in Energy Management

Envision-Monitoring on News

Energy efficiency involves more than just unplugging unused appliances or switching off the lights. Findings show that implementing energy management can reduce electricity consumption by up to 30%. The demand for energy management continues to grow throughout the year for both public and private sectors. To realize the full potential of energy efficiency and management, different tools to streamline energy data and reporting are needed.

Every year, new trends are being introduced to the market to effectively manage the energy consumption in a facility. Energy management needs to be responsive and rapid in order for it to keep up with its increasing demand. We take a look at some of the most promising future trends that can help improve energy management.

  • AI (Artificial Intelligence)

According to Aidan O’Sullivan, head of University College London’s energy and AI research, using AI to create forecasts for electricity demand, generation, and weather can lessen the need for backup mechanisms. Another example would be the use of AI in managing electricity shortfalls by briefly switching off power demand across entire communities or regions.

With this technology advancement, businesses can greatly benefit since they’d be able to control energy use in their buildings, making the most of low demand and cheaper periods of electricity supply. As for residences, homeowners can benefit through the proliferation of virtual assistants at home. Integration of energy data with a virtual assistant may lead to an AI home energy management system.

  • Blockchain and IoT

The blockchain was originally developed to record cryptocurrency transactions but it’s now being adapted for use in the energy market. Blockchains assure transparent, tamper-proof, and secure systems that can enable innovative business solutions, especially when combined with smart contracts. The lack of centralization in blockchain makes it ideal in eliminating the middlemen of electricity suppliers.

Pairing blockchain with IoT stands to have a profound impact on energy systems. Devices can autonomously buy and sell energy at optimal times, optimize energy settings in a real-time context, plus monitor performance of energy-consuming devices. With more research initiatives, projects, and studies, we’ll be able to see if the technology can reach its full potential, prove its commercial viability, and be adapted in the market.

  • Battery Storage

Battery storage offers a viable solution for storing intermittent energy supplies associated with renewable energy or conventional energy sources. A concern with renewable power sources is that they may not provide power at the time when most needed, especially during hours when energy demand peaks. Such challenge can be resolved by equipping one’s facility with battery storage. It enables renewable energy generation to be stored until required.

The technology of battery storage is central to combine a business’s energy efficiency and productivity goals. Since more and more are adapting the use of renewable energy in their facility, and in light of sinking feed-in tariffs and rising electricity prices, these facilities want to use the generated electricity for their own consumption whenever possible. This allows facilities not only to lower their energy costs but also make a substantive contribution towards the success of the energy transition.

BOOK A DEMO

We’d love to hear from you!
Please don’t hesitate to call, send us an email, or simply fill up the inquiry form for a demo.
We’ll get back to you shortly.