Smart technology provides consumers and businesses alike to use energy more efficiently and essentially reduce the need to develop more structures to satisfy energy demands. Technology within the energy industry is rapidly advancing and has the ability to yield great benefits to consumers and businesses. As a result of a rapidly progressive market, the development of new smart energy jobs is rising.
Demand Response involves companies or businesses adjusting energy usage to times when demand on the grid is relatively low, reducing costs and improving efficiency. Smart energy devices can play a major role in ensuring companies are operating their business as efficiently as possible on a daily basis. These devices can be integrated nationwide, giving the option of managing a system on a wider, national level.
Smart Meters are becoming a more commonly used device within our homes and has the capability to monitor our energy usage in real time. Overtime energy suppliers will have the option of offering a tariff that allows the consumer to effectively manage usage and have closer control over energy bills.
Technology within the energy storage market has continued to advance rapidly and advancements in battery technology could transform energy operation and usage. Improvements in battery technology means electricity (over three quarters of the energy supply) could potentially be stored and released when needed. Energy could then be stored and released when conditions are un favourable e.g. utilise energy for wind and solar facilities when environment/weather is unsuitable for energy generation.
Tesla, among others are currently providing batteries for domestic usage. The Tesla Powerwall product aims to establish total domestic energy via home solar panels, utilising any excess energy for other days.
Research has identified that a fleet of electric vehicles could operate as a type of battery, allowing electric vehicle owners to sell electricity stored in batteries back to the grid.
Blockchain technology changes the complete transaction model, shifting from a centralised towards a decentralised structure. Third party members, whose services are currently required are no longer required after this shift to a more 'peer to peer' method of carrying out transactions. This transition can reduce costs and overall efficiency of the process.
Big data is becoming revolutionary within the management and operation of the electrical system, playing a vital part in integrating renewable technology into the wider power industry.
Due to increasing amount of information available and improved techniques of analysis, big data is becoming an essential tool in transforming all industries including the smart energy industry.
Internet of Things
The main aim of utility businesses is to balance energy generation with overall demand in the most cost effective manner. Whilst energy is relatively inexpensive and widely available to most it is not always the most efficient and this is where IoT can have a major impact. IoT can massively influence the way energy is generated, distributed, consumed and stored.
Software & Analytics
Data, Software and analytics are the key areas of the digital transformation within the energy industry and have the ability to contribute to the development of a more efficient and cost effective process of energy generation. There is now further pressure to create a more sustainable energy source to tackle the challenges faced within the energy sector. Data and analytics can play a crucial role generating a more efficient and sustainable form of energy production.
A smart city is a place where traditional networks and services of a city are improved by using digital and telecommunication technologies to benefit the people and businesses within a city. Across the UK we are seeing more and more examples of smart city transformation. Key 'smart' sectors including smart energy, water, waste and transport are being utilized by Cities.
Smart Energy Jobs and Resources
Smart Energy Analytics Campaign
The Smart Energy Analytics Campaign is a program led by the U.S. Department of Energy that encourages the use of a wide variety of commercially available Energy Management and Information Systems (EMIS) technologies and ongoing monitoring practices to help uncover those energy-saving opportunities and improve building performance for the long run.
Smart Energy GB
Smart Energy GB is the voice of the smart meter roll out. It’s our task to help everyone in Great Britain understand smart meters, the national roll out and how to use their new meters to get gas and electricity under control.