In this paper, a solution to effective energy consumption monitoring of
fast-response energy systems in industrial environments was proposed,
designed, and developed. Moreover, in this research, production systems are
characterized as nonlinear dynamic systems, with the hypothesis that the
identification and introduction of nonlinear members (variables) can have a
significant impact on improving system performance by providing clear
insight and realistic representation of system behavior due to a series of
nonlinear activities that stimulate the system state changes, which can be
spotted through the manner and intensity of energy use in the observed
system. The research is oriented towards achieving favorable conditions to
deploy dynamic energy management systems by means of the Internet of Things
and Big Data, as highly prominent concepts of Industry 4.0 technologies into
scientifically-driven industrial practice. The motivation behind this is
driven by the transition that this highly digital modern age brought upon
us, in which energy management systems could be treated as a continual,
dynamic process instead of remaining characterized as static with periodical
system audits. In addition, a segmented system architecture of the proposed
solution was described in detail, while initial experimental results
justified the given hypothesis. The generated results indicated that the
process of energy consumption quantification, not only ensures reliable,
accurate, and real-time information but opens the door towards system
behavior profiling, predictive maintenance, event forensics, data-driven
prognostics, etc. Lastly, the points of future investigations were indicated
as well.