What is ESIM?
ESIM stands for electric storage and demand response management, which allows businesses to control how much power they use in order to save money. This strategy can be beneficial because it saves on electricity bills while also ensuring that there are no blackouts or brownouts.
ESIM is a global specification developed by the GSMA and is being considered as the de-facto international standard for managing energy consumption during peak times.
There are now 36 mobile operators in 18 countries participating in this project, which have a combined customer base of 2 billion.
The GSMA has also helped create four regional initiatives to increase uptake of ESIM, including the ‘Africa Energy Smart Solutions Alliance’ and ‘Asia’s Central American Energy Market Innovation’.
The Benefits of ESIM:
There are many benefits to using this new strategy for your business. First, it helps you save on electricity bills because by reducing power consumption at peak times, the savings can be substantial. In addition, if there is a blackout or brownout in your area and other companies have backup generators that kick in when needed, you’ll still keep running without experiencing any interruptions. Another benefit to investing in an ESIM solution is finding peace of mind knowing that the company’s critical operations will continue even during emergencies and natural disasters. Finally, energy efficiency has been proven beneficial not only for businesses but also for employees who work better when they feel comfortable in their environment with consistent heating and cooling throughout the year.
Takeaway: ESIM is a strategy that will help your business save money by reducing electricity bills and ensuring that there are no blackouts or brownouts.
ESIM is not a fail-proof solution, and there are many drawbacks. For example, the installation of ESIM can be costly, and it will require a substantial amount of time for the system to pay for itself. Additionally, if in case of a blackout or brownout, you wouldn’t have backup generators to help you sustain operations. In addition, there may be limitations on how much you can save based on your contract with the power company.