Prof. P.K. Banerjee
Demonetisation is a radical monetary step in which a currency unit’s status as a legal tender is declared invalid. The lecture discussed what demonetisation is all about and why it has been implemented. It also covered other relevant topics such as:
- History of Demonetisation
- Its Implications
- Benefits of Demonetisation
- Drawbacks of Demonetisation
- Demonetisation and what has gone wrong
- Can demonetisation alone root out corruption and black money?
Prof. Rahul Baidya
The lecture on “Applying for Research Grants to Different Funding Bodies” was delivered keeping in mind that many Faculty members are interested in applying to different funding bodies to apply for research grants. It also paved the way for young research scholars to think about pursuing research work in varied fields and how to go about getting financial support. The lecture covered the following topics
- How Grant writing is an important part of your professional growth strategy.
- Build individual credentials.
- Build a track record of funding.
- Work on teams with more experienced researchers
- What the funder looks for:
High-quality research: an original contribution to knowledge in the field.
Outputs: what will be the impact of the research?
Academic record: evidence of research potential
- Approaching funding agencies:
Basic information such as names, addresses, contact details, present occupation, Present employer /CV/information about educational background is often needed
- Background questions to approach grant applications with
- Selecting a funding agency
- Constructing an application framework
- Grant application contents checklist
- Guidelines for statement of project methods
- Literature review and study questions
- Research Methodology:
What methods are to be used in the research?
Why have they been chosen?
How will you set about answering the questions?
Are the research aims clear, can they be realized?
- Funding opportunities for Science and Engineering Research Board (SERB) under DST
- Funding opportunities of West Bengal DST under R&D Project
- Funding opportunities of CSIR Research Grants
- Funding opportunities under University Grants Commission (UGC)
- Current call for proposals in Specific Domain
Prof. Ankur Bhattacharjee
Govt. of India has announced a target of 175 GW Renewable power project by the year 2022 under “Jawaharlal Nehru National Solar Mission” (JNNSM). Looking at the projected plan, it is necessary to think about the future impact of large scale penetration of Renewable Energy (RE) sources into the existing grid. The Grid end problems (Voltage and frequency fluctuation) are classified in to two major categories;
1. Low voltage distribution grid (Weak Grid condition) problem,
2. National grid problem.
Optimized interface of energy storage with the RE sources is therefore a strong point of interest for the new age research and development. Different energy storage technologies have been analysed here for RE application specific choice of energy storage. Depending upon the power management and energy management criteria, the battery storage technology is considered suitable. There are existing battery technologies like Lead acid, Li-ion, NaS which are established as off grid back up power supply. But the new generation Redox Flow batteries claim to be the most suitable storage solution for large scale grid tied Renewable power system. Among the flow batteries, Vanadium Redox Flow Battery (VRFB) appears to be most acceptable due to its independent scalability of Power and energy capacity, very long lifecycle and deep discharge capacity. To implement the optimized battery storage system with RE sources, an efficient battery management system (BMS) is of high demand. There are significant battery internal parameters like; state of charge (SOC), battery temperature, internal impedance, thermal aging, and electrolyte flow rate (for VRFB) need to be taken care of to design an efficient BMS to enhance storage lifetime and overall plant efficiency.
Prof. Avijit Bandopadhyay
Prof. Bandopadhyay spoke about a burning topic most prevalent in an industry. Energy audit is very much important now-a-days in industry. Energy audit is a process by which an estimate is made regarding the amount and cost of energy consumed and to search for ways and means to reduce the cost of energy consumption. It helps to quantify the energy usage at a site and highlights areas for potential savings and gives the data from which performance indicators can be derived. In a nutshell, a thorough cost-benefit analysis is to be conducted so as to potentially optimize the usage of energy in an industry. The main objective of energy audit is to quantify energy consumption for audit scope (site, area or item of equipment), identify practical energy saving projects and categorize savings in energy and monetary terms. The total cost of energy consumption for a period of time is calculated. Then the results are compared with the current factory standards and then corrective actions are suggested so as to efficiently use energy and save energy and hence cost. Energy audit is basically categorized as preliminary and detailed audit. Preliminary energy audit is a relatively quick exercise to: Establish energy consumption in the organization , estimate the scope for saving , identify the most likely (and the easiest areas for attention , identify immediate (especially no-/low-cost) improvements/ savings , set a ‘reference point’, identify areas for more detailed study/measurement and preliminary energy audit uses existing, or easily obtained data. Detailed energy audit offers the most accurate estimate of energy savings and cost. It considers the interactive effects of all projects, accounts for the energy use of all major equipment, and includes detailed energy cost saving calculations and project cost.