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How Is IoT Used In Energy?

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The synergy between the Internet of Things and the energy sector remains a well-kept secret for many businesses. While some common applications of Internet of Things in energy sector, such as smart meters and grid optimization, have gained attention, several possibilities remain unexplored. You might be surprised at how seamlessly IoT integrates into energy management, providing advantages that are often underestimated. This article unveils the untapped potential, shedding light on practical applications you might not have considered. You’ll discover how embracing IoT energy management can simplify operations and improve your overall business efficiency.

How Is IoT Used In Energy?

Saving energy with IoT

Saving energy with the Internet of Things is a tangible solution in the growing conversation on sustainable energy consumption. Consider that approximately 29 percent of electricity is sourced from renewables. So,  smart energy IoT applications play a key role in enhancing energy efficiency across various sectors, particularly in the energy domain.

IoT serves as the digital glue, connecting machines and devices seamlessly through the internet or private networks. This connectivity allows for automated interactions between these devices, eliminating the need for constant human intervention. The overarching goal is to establish a controllable environment where energy consumption can be monitored and regulated for sustainability.

Within the energy sector, IoT devices have proven instrumental in creating smart grids. These grids leverage the collection, transmission, and utilization of vast amounts of data to intelligently integrate assets connected to the network. This integration optimizes operations and enhances the flexibility of systems involved in physical processes like electricity generation, transmission, and consumption.

The IoT process uinvolves four key stages: the physical process, measurement process, decision-making process, and action process. In the physical process, IoT influences activities like electricity generation and consumption. Sensors come into play during the measurement process, gauging the status and outputs of these physical processes. Decisions are then made independently or collaboratively, affecting the action process where actuators execute the decided-upon tasks.

Here are some benefits of applying IoT systems to energy efficiency:

  • Frequency Regulation and Network Balancing: Using IoT technologies to connect, add, and control industrial and residential loads permits the regulation of frequencies and balancing of network operations.
  • Facilitates Integration: IoT products and solutions, such as intelligent gateways, serve as foundational building blocks, reducing development costs and accelerating the commercialization of new technologies.
  • Continuous Data Gathering: IoT sensors and devices continually gather and interpret data, providing valuable information for organizations to identify challenges and problems.
  • Proactive Maintenance: Intelligent sensors and devices can send information from remote equipment, indicating an imminent error, thereby preventing potential damages.
  • Comprehensive Energy Tracking: From energy tracking to advanced analytics and maintenance improvements, the wide possibilities offered by IoT contribute significantly to enhanced energy efficiency.

Aside from these benefits, the integration of IoT monitoring dashboards further enhances your ability to track, analyze, and optimize energy usage, providing real-time insights that can shape informed decision-making. Find out more on this page https://thingsboard.io/monitoring-dashboard/.

IoT Application in energy-saving

Beyond the familiar realm of home automation, where spaces are interconnected to form smart homes, IoT finds diverse applications that extend into various sectors, contributing significantly to optimized energy consumption. Here are some notable applications:

Empowering End-Users

IoT for energy management enables end-users to access electricity while providing the freedom to choose their power source. This direct participation in the energy network allows individuals to exercise control over their energy consumption. P2P energy trading systems further facilitate energy sharing and trading within communities, bypassing traditional utilities.

Real-time Consumption Control

Through the collection of consumption data by different sensors, management platforms offer real-time information. This information aids in making adjustments to energy expenditure for equipment, machines, and other installations. Operation adjustments can be made according to production needs, ensuring optimal energy use.

Virtual Power Plants (VPPs):

VPPs connect to a central control system via a remote control unit. The system effectively monitors, coordinates, and controls all assets within the plant. This centralized approach enhances overall efficiency in power generation and consumption.

Transport Planning

In transport, connected vehicles leverage IoT to plan the most efficient routes, reducing fuel consumption. Vehicle sensors play a crucial role in monitoring engine performance, enabling the early detection of any energy efficiency issues.

Maintenance Optimization

Through the analysis of big data collected by static and mobile sensors or cameras, IoT technology proves invaluable in fault, leakage, and fatigue monitoring. It allows for the identification of failures and problems in energy networks, potentially facilitating virtual fixes.

Several devices contribute to energy-saving efforts as IoT for energy continues to evolve. Here are some noteworthy examples:

  • Daylight Sensors: Photosensors, when integrated with daylight sensors, optimize lighting by raising or lowering blinds. This dynamic adjustment typically achieves savings of close to 50%.
  • Smart Thermostats: These devices regulate home heating and cooling based on occupancy and usage patterns, optimizing energy consumption.
  • Connected Vehicles: Vehicles equipped with IoT capabilities contribute to fuel efficiency through route optimization and performance monitoring.
  • Smart Plugs: By enabling the control of individual devices remotely, smart plugs empower you to manage energy usage efficiently.
  • Smart Meters: These can track energy consumption according to tenants, systems, or individual plugs. Submeters identify anomalies that show potential maintenance issues affecting energy consumption.
  • HVAC Controllers: Sensors within buildings measure various conditions, using data to regulate output in climate control systems. Smart HVAC controllers, often deployed at key points or throughout a building, use predefined set points to determine actions.

Conclusion

The possibilities with integrating IoT into the energy sector are far-reaching. From optimizing energy consumption to enhancing industrial processes. Especially since it contributes not only to efficiency but also to sustainability. Explore our platform designed to significantly reduce time to market and efforts in creating smart-energy solutions. With robust support for industry-standard encryption algorithms and device credentials types, we invite you to leverage our technology for a smarter, more sustainable energy future. 

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Alex
Over the past 8 years, I have realised that the most important weapon we have as tech enthusiasts is information. Information that I can share and actually help you solve some of your life problems. Of course, I'm going to lose some of that because of AI, but it's making me more productive today!
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