km-tech: Forecasting tool for energy efficiency
| by Priyanka Tilve
km-tech is a tool that betters the performance of existing forecasting tools, thus resulting in better load management and not to mention reduction in the cost of electricity.

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V. S. K. Murthy Balijepalli, Research Scholar, IIT Bombay, has developed a tool that will lead to more efficient management of the energy sector in India. A Bachelor of Technology graduate in electrical engineering, he was concerned by the heavy power distribution losses that afflict our country and started toying with the ways to better the situation. And in the process, he decided to do his PhD in the area of Smart Grid. During that time, there was no research being done on Smart Grids and when he presented his idea before the PhD committee, he was met with skepticism, as they questioned its functionality. This did not deter him and he went ahead to publish his paper titled "Towards Indian Smart Grids". Along the way, he interacted with many industry people and gained some insights, all of which helped him when he developed the km-tech – a load, price and grid frequency forecasting tool. Balijepalli’s efforts have been recognised globally and have earned him several prestigious awards
Speaking about its functionality, he says, “It has a sophisticated propriety mathematical function that reads the behavior of the existing forecasting tool, in addition to a Fibonacci module that has been developed at IIT Bombay. Using the data characteristics matrix defined for any existing forecasting system it tries to segregate within km-tech and the different mathematical modules based on the locales, to collate data that will help improve the performance of the existing forecasting system. So basically km-tech is a core engine, you can use it for price forecasting, load forecasting, wind forecasting and even grid frequency. It also takes into account the practical factors that may affect the price or the load frequency and these can be defined by the operator.” In simpler terms, km-tech brings out the new insights and better forecasts using the existing data. He even started DesiSmartGrid portal to spread awareness about smart grids and their activities
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Tags: Smart Grid , km-tech , Power Crisis , Power Grid Failure , V. S. K. Murthy Balijepalli , Northern Power Grid Failure , Black-out , Power management , Energy Efficiency , Power forecasting tool
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