Business Case for a Regional AI-Based Marketplace for Renewable Energies DOI Open Access
Jonas Holzinger, Anna Nagl, Karlheinz Bozem

et al.

Sustainability, Journal Year: 2025, Volume and Issue: 17(4), P. 1739 - 1739

Published: Feb. 19, 2025

The global energy sector is rapidly changing due to decentralization, renewable integration, and digitalization, challenging traditional business models. This paper explores a startup concept for an AI-assisted regional marketplace energy, specifically suited small- medium-sized enterprises (SMEs). Driven by advancements in artificial intelligence (AI), big data, Internet of Things (IoT) technology, this enables efficient trading through real-time supply–demand matching with dynamic pricing. Decentralized systems, such as solar wind power, offer benefits like enhanced security but also present challenges balancing supply demand volatility. research develops validates AI-based pricing model optimize consumption incentivize usage support grid stability. Through SWOT analysis, study highlights the strengths, weaknesses, opportunities, threats platform. Findings indicate that, scalability, AI-driven could significantly transition increasing use therefore reducing carbon emissions. presents viable, scalable solution SMEs aiming participate resilient, sustainable, localized market.

Language: Английский

Conceptualizing sustainable offshore operations: integration of renewable energy systems DOI Creative Commons

Osayi Philip Igbinenikaro,

Oladipo Olugbenga Adekoya,

Emmanuel Augustine Etukudoh

et al.

International Journal of Frontiers in Science and Technology Research, Journal Year: 2024, Volume and Issue: 6(2), P. 031 - 043

Published: April 13, 2024

This paper conceptualizes sustainable offshore operations through the integration of renewable energy systems, focusing on adoption solar-powered systems for remote applications. Drawing Osayi's experience in this field, proposes frameworks operations, highlighting key considerations and strategies successful implementation. The is essential reducing environmental impact, increasing efficiency, ensuring long-term sustainability. with applications provides valuable insights into challenges opportunities associated integration. proposed encompass several elements. Firstly, a thorough assessment needs resources to determine feasibility potential benefits integrating systems. Secondly, careful planning design are crucial ensure that integrated seamlessly existing taking account factors such as location, demand, system compatibility. Furthermore, highlights importance stakeholder engagement collaboration Effective communication between industry stakeholders, regulators, local communities overcoming barriers implementation projects operations. Overall, drawing By companies can reduce their carbon footprint, improve contribute more future industry.

Language: Английский

Citations

39

Emerging underwater survey technologies: A review and future outlook DOI Creative Commons

Osayi Philip Igbinenikaro,

Oladipo Olugbenga Adekoya,

Emmanuel Augustine Etukudoh

et al.

Open Access Research Journal of Science and Technology, Journal Year: 2024, Volume and Issue: 10(2), P. 071 - 084

Published: April 12, 2024

Emerging underwater survey technologies are revolutionizing the way we explore and understand world. This review examines latest advancements in equipment, highlighting their operational benefits potential areas for future development. Recent developments have led to significant improvements accuracy, efficiency, data quality. Advanced sonar systems, such as multibeam sidescan sonars, provide high-resolution images of seafloor, allowing detailed mapping features. Autonomous vehicles (AUVs) equipped with sophisticated sensors cameras enable precise collection challenging environments, deep-sea or complex structures. The these vast. They allow faster surveying, reduced costs, improved safety personnel. Additionally, high-quality obtained from surveys can lead better decision-making various industries, including offshore energy, marine research, archaeology. Looking ahead, is promising. There a growing interest developing integrated systems that combine multiple processing capabilities more comprehensive view environments. Artificial intelligence machine learning algorithms also being increasingly utilized analyze large datasets extract valuable insights. However, several challenges remain, need communication battery life autonomous vehicles, enhanced capabilities. Addressing will be crucial continued advancement technologies. In conclusion, offer exciting opportunities enhancing our understanding By leveraging addressing key challenges, unlock new possibilities exploration research.

Language: Английский

Citations

38

A comparative review of subsea navigation technologies in offshore engineering projects DOI Creative Commons

Osayi Philip Igbinenikaro,

Oladipo Olugbenga Adekoya,

Emmanuel Augustine Etukudoh

et al.

International Journal of Frontiers in Engineering and Technology Research, Journal Year: 2024, Volume and Issue: 6(2), P. 019 - 034

Published: April 13, 2024

Subsea navigation technologies play a critical role in enhancing precision and efficiency offshore engineering projects. This comparative review examines the evolution application of subsea systems, with focus on improving construction surveying. The study evaluates various technologies, including acoustic positioning inertial optical imaging highlighting their capabilities limitations. begins by discussing historical development tracing from early systems to modern integrated solutions. It then explores key components operation principles each technology, providing insights into functionalities suitability for different applications. also challenges advancements navigation, issues related signal interference, accuracy, real-time data processing. discusses how these have been addressed through technological innovations, such as improved sensor advanced fusion algorithms. Furthermore, assesses practical projects, pipeline installation, infrastructure maintenance, underwater analyzes case studies industry practices illustrate effectiveness precision, reducing costs, mitigating risks operations. Overall, this provides comprehensive overview highlights evolution, capabilities, applications emphasizing concludes recommendations future research further improve performance reliability

Language: Английский

Citations

38

Comparative analysis and implementation of a transformative business and supply chain model for the FMCG sector in Africa and the USA DOI Creative Commons

Henry Ejiga Adama,

Chukwuekem David Okeke

Magna Scientia Advanced Research and Reviews, Journal Year: 2024, Volume and Issue: 10(2), P. 265 - 271

Published: April 27, 2024

This paper conducts a comparative analysis of business and supply chain models in the Fast Moving Consumer Goods (FMCG) sector between Africa USA, aiming to identify transformative strategies for enhancing efficiency, sustainability, market penetration. The FMCG serves as critical component both economies, contributing significantly GDP employment. However, stark differences infrastructure, consumer behavior, regulatory environments USA necessitate tailored approaches management. Drawing on empirical data case studies, this study examines key elements successful each region, including distribution networks, inventory management, technology adoption, dynamics. It explores how factors such urbanization, income levels, cultural preferences influence demand strategies. Moreover, delves into impact emerging trends e-commerce, digitalization operations regions. findings reveal opportunities mutual learning adaptation USA. While boasts mature infrastructure advanced technological capabilities, offers potential innovative solutions its unique challenges opportunities. Through cross-regional knowledge exchange strategic partnerships, companies can develop hybrid that combine best practices from regions drive growth, reduce costs, enhance resilience. concludes by proposing actionable recommendations seeking implement emphasizing importance flexibility, agility, stakeholder collaboration navigating diverse landscapes driving sustainable growth.

Language: Английский

Citations

38

REVIEW OF MODERN BATHYMETRIC SURVEY TECHNIQUES AND THEIR IMPACT ON OFFSHORE ENERGY DEVELOPMENT DOI Creative Commons

Osayi Philip Igbinenikaro,

Oladipo Olugbenga Adekoya,

Emmanuel Augustine Etukudoh

et al.

Engineering Science & Technology Journal, Journal Year: 2024, Volume and Issue: 5(4), P. 1281 - 1302

Published: April 10, 2024

This paper presents a comprehensive review of modern bathymetric survey techniques and their impact on offshore energy development. Bathymetric surveys play crucial role in mapping the seafloor are essential for various activities, including oil gas exploration, renewable development, submarine cable installation. The synthesizes recent advancements surveying technologies, focusing improving exploration monitoring resources. first section provides an overview traditional methods, such as single-beam multi-beam echo sounders, which have been widely used seafloor. limitations these limited coverage resolution, discussed, highlighting need more advanced techniques. second discusses airborne lidar, satellite-derived bathymetry, unmanned surface vehicles (USVs). These technologies offer significant improvements terms coverage, efficiency compared to methods. For example, lidar can provide high-resolution data over large areas, making it ideal rapid exploration. third examines Improved enable accurate seafloor, is identifying suitable locations infrastructure, platforms, wind farms, wave converters. Furthermore, facilitate underwater structures environmental changes, helping ensure safe sustainable operation facilities. In conclusion, revolutionized development by providing accurate, efficient, cost-effective methods meeting growing demand resources while minimizing ensuring operational safety. Keywords: Modern Bathymetric, Survey Techniques, Impact, Offshore Energy, Development.

Language: Английский

Citations

36

Transforming equipment management in oil and gas with AI-Driven predictive maintenance DOI Creative Commons

Dazok Donald Jambol,

Oludayo Olatoye Sofoluwe,

Ayemere Ukato

et al.

Computer Science & IT Research Journal, Journal Year: 2024, Volume and Issue: 5(5), P. 1090 - 1112

Published: May 5, 2024

The oil and gas industry faces significant challenges in managing equipment maintenance due to the complexity criticality of its assets. Traditional approaches are often reactive inefficient, leading costly downtime safety risks. However, emergence artificial intelligence (AI) predictive technologies offers a transformative solution these challenges. This paper explores role AI-driven revolutionizing management sector. leverages machine learning algorithms analyze data predict when is required before breakdown occurs. By monitoring performance real-time, AI can identify potential issues early, allowing operators take proactive actions. approach helps minimize downtime, reduce costs, improve overall reliability safety. implementation requires comprehensive strategy that includes collection, analysis, integration with existing practices. Successful adoption lead benefits for companies, including increased uptime, extended asset lifespan, enhanced operational efficiency. reviews current landscape industry, highlighting limitations traditional practices need more approach. It then examines principles maintenance, showcasing real-world examples successful implementation. Finally, discusses considerations implementing provides recommendations companies looking transform their Keywords: Transforming Equipment; Management; Oil Gas; AI-Driven; Predictive Maintenance.

Language: Английский

Citations

33

Assessing the economic and environmental impacts of renewable energy adoption across different global regions DOI Creative Commons

Uwaga Monica Adanma,

Emmanuel Olurotimi Ogunbiyi

Engineering Science & Technology Journal, Journal Year: 2024, Volume and Issue: 5(5), P. 1767 - 1793

Published: May 21, 2024

This study systematically reviews the economic and environmental impacts of renewable energy adoption across different global regions, aiming to elucidate role in achieving sustainable development goals. Employing a methodology based on systematic literature review content analysis, research draws peer-reviewed articles published between 2018 2024, sourced from databases such as Web Science, Scopus, Google Scholar. The inclusion criteria targeted studies focusing benefits, impacts, influence government policies technological innovations adoption. Exclusion were applied ensure relevance academic rigor reviewed. Key findings reveal that significantly contributes job creation, price stabilization, market dynamics, while also offering pathway substantial reductions greenhouse gas emissions pollution. analysis underscores critical international agreements facilitating transition energy, alongside importance overcoming current barriers concludes is pivotal for development, suggesting strategic recommendations enhancing These include implementing supportive policies, fostering innovation, cooperation. Identifying gaps research, highlights need further investigation into long-term socioeconomic effectiveness policy instruments. discourse energy's potential meet demands sustainably equitably. Keywords: Renewable Energy Adoption, Economic Impact, Environmental Government Policies.

Language: Английский

Citations

27

Technological innovations and optimized work methods in subsea maintenance and production DOI Creative Commons

Obinna Joshua Ochulor,

Oludayo Olatoye Sofoluwe,

Ayemere Ukato

et al.

Engineering Science & Technology Journal, Journal Year: 2024, Volume and Issue: 5(5), P. 1627 - 1642

Published: May 5, 2024

Subsea maintenance and production represent critical aspects of offshore operations, vital for sustaining energy ensuring operational efficiency. However, these endeavors face numerous challenges, including the complexities deepwater environments, harsh weather conditions, high costs associated with traditional methods. To address this paper explores integration technological innovations optimized work methods in subsea operations. Technological play a pivotal role revolutionizing production. Remote monitoring control systems enable real-time data collection decision-making, enhancing visibility Autonomous underwater vehicles (AUVs) offer capability to conduct inspections repairs remote hazardous reducing human intervention risks. Robotics automation further streamline tasks, improving accuracy downtime. Advanced materials coatings enhance equipment durability corrosion resistance, prolonging asset lifecycles requirements. In parallel, strategic approaches operations' effectiveness. Predictive strategies leverage analytics machine learning anticipate failures, enabling proactive interventions minimizing Condition-based facilitates assessment health, timely cost savings. Integrated management provide holistic insights into performance facilitate informed decision-making. Lean operations continuous improvement methodologies optimize workflows, driving excellence Through case studies industry examples, highlights successful implementation Furthermore, it future trends, regulatory considerations, importance collaborations shaping Ultimately, offers pathway towards enhanced efficiency, reduced costs, sustainable Keywords: Innovations, Optimized Work Methods, Maintenance Production.

Language: Английский

Citations

24

Challenges and strategic solutions in commissioning and start-up of subsea production systems DOI Creative Commons

Obinna Joshua Ochulor,

Oludayo Olatoye Sofoluwe,

Ayemere Ukato

et al.

Magna Scientia Advanced Research and Reviews, Journal Year: 2024, Volume and Issue: 11(1), P. 031 - 039

Published: May 4, 2024

The commissioning and start-up of subsea production systems represent critical phases in offshore oil gas operations, where meticulous planning execution are essential for success. This abstract presents an overview the challenges encountered during these proposes strategic solutions to address them effectively. Environmental factors such as deepwater operations geology pose significant activities. Technical include ensuring equipment reliability seamless integration control harsh underwater conditions. Operational remote monitoring intervention personnel safety further compound complexities operations. Strategic mitigate advanced simulation using digital twin technology scenario planning. Enhanced risk management strategies, including contingency early detection systems, vital anticipate manage potential issues Collaborative partnerships between stakeholders, suppliers cross-disciplinary teams, foster innovation enhance project resilience. Drawing from successful case studies lessons learned, this emphasizes importance proactive planning, mitigation, collaborative approaches systems. By implementing solutions, operators can operational efficiency, minimize downtime, improve outcomes, ultimately contributing long-term viability sustainability energy production.

Language: Английский

Citations

22

Technical support as a catalyst for innovation and special project success in oil and gas DOI Creative Commons

Ayemere Ukato,

Oludayo Olatoye Sofoluwe,

Dazok Donald Jambol

et al.

International Journal of Management & Entrepreneurship Research, Journal Year: 2024, Volume and Issue: 6(5), P. 1498 - 1511

Published: May 4, 2024

In the dynamic landscape of oil and gas industry, technical support emerges as a pivotal force driving innovation ensuring success special projects. This paper explores multifaceted role in this sector, shedding light on its significance maintaining operational efficiency, safety, fostering innovation. Amidst ever-evolving challenges faced by from fluctuating market demands to stringent regulatory requirements, stands cornerstone navigating complexities progress. Drawing real-world examples industry insights, elucidates opportunities encountered within sector. It highlights critical identifying technological gaps, spearheading research development initiatives, facilitating implementation innovative solutions. Moreover, delves into realm projects, exploring their importance strategic growth competitive advantage. examines inherent executing projects underscores indispensable mitigating risks successful outcomes. Through comprehensive analysis best practices case studies, strategies for leveraging catalyst project gas. emphasizes integrating collaboration across multidisciplinary teams, investing advanced technologies expertise. Ultimately, transformative potential shaping future operations, sustainable growth, resilience an ever-changing landscape. Keywords: Technical Support, Catalyst Innovation, Special Project Success, Oil Gas.

Language: Английский

Citations

21