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Energy is one of the most used resources, with the threat of the extinction of fossil fuels, the need to save energy while still using it is important. With renewable energy sources, and other modern technologies such as smart technology, businesses, and homes are able to now monitor their energy consumption in real-time.
Utility Bidder is one of these modern-day resources that can provide smart technology to help you monitor energy consumption.
Below we will discuss how leveraging these technologies is beneficial.
Smart Technologies to Save and Monitor Energy Usage
Smart Technologies have made tracking energy consumption much easier and more efficient. Here are some ways you can use technology to manage and monitor energy consumption.
Use Remote Control and Monitoring
Remote control and monitoring can be used to monitor energy usage. It can be used to schedule equipment operations and adjust thermostats.
These changes can be controlled by a mobile device to control the efficient use of energy.
Use Real-Time Data Analytics
Real-time data analytics is another smart technology that can be used to monitor the use of energy in real-time. This type of technology collects data on energy consumption patterns by using sensors and smart meters to identify any areas of energy wastage.
Predictive Maintenance
Using smart technology can help prevent maintenance and monitor systems for any maintenance before malfunction or breakdowns ahead of time.
This will reduce the costs to businesses for repairs and scheduled maintenance.
Integration of Renewable Energy Sources
Renewable energy sources can help monitor energy usage when incorporated with smart technology. The use of renewable energy such as solar panels, or wind energy can help use energy efficiently and reduce the need for traditional
Energy Optimization and Auditing
Smart technology can help with energy audits and optimisation. By keeping track of energy consumption and using machine learning algorithms, you will be notified of all energy-saving opportunities that can help optimise equipment and appliances.
Real-time Energy
Your daily consumption of energy is based on the amount of energy used during activities and performance levels.
Using software and computers, businesses can now assess how much energy the assets are using in real-time by tracking the energy usage as the machines operate.
This can be helpful to have on hand when doing traditional energy audits without having to use manual collection of data.
Real-Time Technology
There are different systems used in real-time technology that provide you with the most accurate readings.
Cloud computing
These systems collect and store data and offer analytic capabilities.
IoT sensors
These systems are used to measure different forms of environmental data and energy consumption that are needed for analysis. IoT refers to the Internet of Things and this type of technology is used to provide energy-efficient management.
The IoT can be used in the following ways:
Used for Average Frequency Monitoring: Serving as a monitoring system for the power supply.
IoT-enabled Energy Meters: These smart energy devices are used to monitor energy consumption by wirelessly measuring and transmitting data to a platform or server.
Data Analysis and Collection: Storing and collecting the data captured from real-time monitoring.
Real-time Monitoring and Alerts: These systems can alert you to areas where too much energy is being used and where automated optimization to save energy can be implemented.
Artificial Intelligence and Machine Learning
These algorithms are used to help collect energy usage in real-time. They also help with energy optimization and identifying unusual energy patterns.
Machine learning and artificial intelligence can also provide insight into consumption trends and adjust to energy-saving optimization methods.
Blockchain
Blockchain information can help with data security and provide an advanced implementation of energy-saving methods.
Edge Computing
This system helps with data processes that are done locally so that the response time is not delayed in terms of making decisions about energy saving.
Benefits of Using Real-Time Monitoring
There are many benefits to using real-time monitoring for energy consumption.
These benefits include:
Energy efficiency: Supports the environment by allowing energy reduction and minimises wastage.
Cost saving: It reduces the cost of energy, the less energy you use, the lower the energy bill will be.
Aids in decision-making: Having real-time energy data on hand will help with making energy-saving decisions such as implementing energy-saving strategies.
Conclusion
In conclusion, using smart technology is beneficial for saving energy and providing businesses with resources to save on the costs of energy.
The above-mentioned techniques can be implemented to ensure that each business is aware of its energy consumption and has the necessary information to make changes.
Resources
https://tech-stack.com/blog/real-time-monitoring/
https://www.linkedin.com/pulse/energy-management-saving-monitor-consumption-respect-average-harale/
https://www.sciencedirect.com/science/article/pii/S2352484723010995
https://www.invisible-systems.com/monitoring-sensors-blog/the-future-of-energy
https://www.ematprogram.com/smart-technologies-for-energy-monitoring-and-control/#:~:text=Smart%20meters%20and%20sensors%20collect,informed%20
decisions%20to%20optimize%20efficiency.
