SmartInternz

IoT Analytics In Energy Management

Project Complexity - Intermediate

Technology: Internet of Things | Business Sector: Smart Cities

Project Description

Features:

  • Energy management is the means of controlling and reducing your organization's energy consumption...controlling and reducing your organization's energy consumption is important because it enables you to: Reduce costs – this is becoming increasingly important as energy costs rise.

  • Using the IoT Device and implementing the analytics we can reduce the energy cost by deciding which source of energy should be used.

  • There will be a smart device that will calculate the amount of grid and solar energy available. it will be uploading these details to the cloud platform.

  • Using the machine learning model we will predict the cost of the current for the next hours.

  • The predicted cost will be sent to the device. at the device level,it will decide which power source is to be used, either grid power or solar power, and it will be connected according to that.

  • At maximum peak hours if both power sources are able to drive the load then the solar power source will get the higher priority thus minimizing the grid usage and saves renewable energy.

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