Ever heard of the Internet of Energy? In a nutshell, the Internet of Energy is the energy industry’s embracement of digitization, decarbonization, optimization, reliability, and scalability. The Internet of Energy is an adoption of the Internet of Things, where the energy ecosystem incorporates sensor-powered devices, smart grids, data analytics tools, smart energy battery and many other intelligent end point devices. The data gathered from these connected intelligent energy-focused devices reveals trends and insights that affect the cycle of power production, distribution, and consumption – and can drive clean energy initiatives. the following article provides in depth details of all the areas of energy that are impacted by these advances.
The Internet of energy is an extension of the Internet of things to the process of production, distribution, and consumption of energy. Connecting all possible energy devices to interact with each other for sustainable energy generation and consumption is the prime aim of the Internet of energy.
With the world becoming smarter with new-age technologies, concerns around making the world a carbon-free, sustainable system have been emerging for a while now. Technologies, being the first and the foremost solution to fixing any problem, play a vital role here too. The need to upgrade, optimize, and automate the processes of energy generation, transmission, and utilization to ensure minimal waste is greater now than ever before. On top of it, energy consumption on our end has changed drastically, lately. The new reality is, there will be four devices for every human on this planet by 2020. That clearly showcases the pervasiveness of connected devices amongst us. If this holds true, we will see intensifying demand for power across the world. Our march towards creating a sustainable ecosystem, along with meeting the soaring demands for energy, has brought us to the concept of the Internet of energy.
The implementation of the Internet of things in the energy sector will massively upgrade the energy infrastructure, increasing the overall efficiency, fostering lighting-related savings, and optimizing the entire energy supply chain.