What is an energy management software, and how can you benefit from it?

Written by Grape Solutions - Software development | Nov 11, 2022 10:50:14 AM

Energy prices are rising daily as the demand for energy for residential, commercial or business use increases. According to Enerdata, a 4% increase in European electricity consumption has occurred since 2020. To reduce operational costs and facilitate energy-efficient consumption, IoT-based energy management software are essential to implement.

Global electricity consumption, which had contracted by 0.7% in 2020 due to the COVID-19 crisis, grew by +5.5% in 2021, +4.8% above its 2019 level. Rapidly expanding energy consumption is a phenomenon, and it is a current challenge for facilities and business owners, not forget to mention residents, to find a solution to minimize electricity fees while maximizing return on investments. An energy management system (EMS) allows asset managers to track, monitor and forecast energy consumption of the daily electricity use or follow and predict the production level if a solar system is installed.

Energy management software (EMS) is an IoT-based solution that allows you to monitor the past, the current and, with the help of built-in mathematical calculations, predict future energy consumption. EMS systems provide detailed analytics on the dashboard view that helps decision-makers make better energy usage choices. EMS is developed to help facility owners reduce operational costs and optimize consumption.

As we are getting closer to sustainable energy sources, many EMS provide the ability to connect solar panels to the system. Internet of Things (IoT) and automation - and in some cases, machine learning (ML) - are core elements of energy management software as facility owners make decisions based on real-time data. After analyzing it, they set adequate automation to help the system operate effectively.

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Energy management software play a pivotal role in improving energy performance, lowering their vulnerability to volatile energy prices and increasing the management control over technical processes related to energy stability. EMS are also contributes indentifying areas where the existing system can be improved, as incoming data deriving from sensors help facility managers to identify and target zones combating with inefficient operations.

Closely related to it, automated processes help eliminating recurring faults in the system while optimizing labor effort and cost invested in maintanance operations. An effective management system can't work properly without automations, asset managers must create automation scenarios for various operations to reduce the chance of incidents. The risk of energy scarcity is an already existing phase in 2022, the current energy crisis is teaching us that the available energy must be consumed consiously and we must be aware of the consequences caused by energy waste. EMS systems help facilities to minimize their energy spending and making a positive impact on our environment.

Grape Solutions provides energy management software: Meteo to forecast solar energy production and Ederena, a platform for energy communities.

With Meteo, the user can predict the energy production, scheduling, and remeasurement of the installed solar panels, giving a realistic picture of the future operational efficiency of the system. With the development of Meteo, Grape Solutions aims to enable the user to quickly generate forecasts and schedules using a built-in algorithm, all in a clear and easy-to-use interface. The built-in algorithm allows for intra-day correction and operates future forecasts and schedules based on a predefined schedule.

Grape Solutions' Ederena platform enables real-time communication and data collection for energy community members (households, companies, municipalities) using smart devices (smart meter, solar panel unit). Ederena uses two Grape Solutions developments simultaneously, the IoT Platform and the Meteo solution, enabling Machine Learning to determine the expected production and consumption of the system. With the solution developed by Grape Solutions, energy communities can manage their smart devices and monitor and optimise their energy consumption through a modern and user-friendly platform, thus, contributing to environmentally conscious energy consumption. The platform is extended with features such as automatic indication of equipment failures using IoT solutions, setting automated alarms, or generating reports of production and consumption.

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