What is it about?
Renewable energy has been popular among the industry to meet global objective(net-zero carbon emission). To achieve this goal, the effort from every party in a nation is indispensable. How can we attract the public to "go green"? What are the benefits in investing in green technology? This article will introduce a system that will help to optimise the cost in your electricity bill.
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Photo by Daniele La Rosa Messina on Unsplash
Why is it important?
The intermittency of renewable energy holds a challenges for utility company to set up electricity tariff rate. Hence, the introduction of feed-in tariff in some countries holds an important role. In conventional way, user will "buy or sell" energy throughout the day regardless the tariff price. This system could help industry and domestic households to plan ahead in energy trading and thus having optimised cost or generating maximum revenue out of it.
Perspectives
The production of this project started from sketch with the idea of encouraging more people to believe and have confidence in green technology. I hope that everyone could embrace the next technology transformation and create a better place for you, me and the next generation as part of civilisation.
Min Kai Dang
Asia Pacific University of Technology and Innovation
Read the Original
This page is a summary of: Energy management system for smart grid application using Recursive Algorithm, January 2024, American Institute of Physics,
DOI: 10.1063/5.0229682.
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