The Clean Boot Blog

With growing technological innovations, 2019 is definitely a year for energy management. Controlling and reducing energy consumption does not only save resources but also helps in alleviating climate change and improving business reputation. This article shows top trends in energy efficiency.

The basic purpose of energy management is to attain and maintain maximum energy procurement and consumption throughout the organization which may assist in reducing energy costs and curtailing environmental impacts. In other words, energy management can be considered the best solution for quick and effective reduction of energy consumption.

Unfortunately, there is still a huge population that lacks access to the most rudimentary energy services. This need persuades companies to come up with innovative ideas and energy-efficient solutions that can adequately meet requirements of the growing needs of humans, as well as, help in climate control. The developed countries like America, Canada, and UK are already prepared to modify their consumption patterns and encourage their corporate sector to incorporate clean energy technologies. However, since there are many developing countries that are not in a position to invest in renewable energy sources, various trends have been cropping up that allow these countries to make use of sustainable energy solutions.

Why Is Energy Efficiency Crucial for Our Future?

Similar to labor or material cost, energy should also be considered as a business cost. Effective energy management is important for organizations as it:

Alleviates Cost: Cost alleviation is one of the biggest reasons why present-day organizations are preferring energy-efficient solutions for their businesses. By effectively managing energy use, most organizations can save up to 20% on their fuel cost.

Alleviates Adverse Environmental Impacts: Reduced energy consumption also helps in the reduction of carbon emissions and represents an eco-friendly image of your organization in front of potential prospects.

2019 Trends in Energy Efficiency

Energy Management is Becoming More Human-Centric

A prominent energy efficiency trend noticed in the current years involves the human contribution in the process. Despite the fact that present-day energy management systems have progressed to incorporate IoT A.I., and continuous analytics-based insights, managers are paying more attention to involve humans to enhance efficiency and productivity.

State-of-the-Art Energy Storage Facilities

It would obviously be very easy to balance the power supply and demand if you have enough energy stored in your energy reserves. In fact, it wouldn’t be indelicate if we say innovative energy storage is the key to managing the problems of renewable energy.

The easiest way to ensure the required access to energy storage is by coupling the storage system with a renewable source. This way, you can have an uninterrupted and stable power supply even in the most unfavorable conditions.

In addition to that, batteries can also be used to store energy. But, as this option is still expensive, you can expect advancement in other comparatively cheaper alternates that can make the entire storage process more feasible and affordable.

It is also expected that the latest emerging innovations will include energy storage as a basic component and because of this, all sorts of storage solutions will eventually become more price-competitive in the coming years.

Artificial Intelligence (AI)

The use of AI in microgrids is yet another significant trend seen in 2019. The good thing about microgrids is that they can work both ways – independently or by staying connected to a traditional grid. Since microgrids are basically local grids, they offer a host of benefits including energy saving, energy independence, and better efficiency.

If you’re really looking forward to achieving operational improvements, AI is the solution. Yes, by integrating the potentialities of machine learning with microgrids, you can achieve enhanced operational efficiency at the same time enjoying incomparable flexibility and adaptation.

Integrating IoT and Blockchain into Energy Framework

Did you know Blockchain is not limited to cryptocurrency only and it is employed by a number of other industries these days due to its incorruptible nature? Simply put, Blockchain is primarily a distributed ledger that stores all the activity through a P2P network.

Using Blockchain technology in the energy system can eradicate the requirement for intermediaries for power suppliers. As a result, the problems of wasteful and unbalanced energy distribution will be resolved. Also, putting this technology together with IoT can have a powerful impact on energy systems.

Final Words

Organizations that invest in sustainable energy solutions can achieve a robust market position by portraying a ‘green’ image. Also, businesses implementing energy management systems can impact supply chains by selecting suppliers who embrace eco-friendly energy management practices.

All in all, energy management systems create a conducive workplace environment for workers by revamping the overall working conditions. Even homeowners are trying to achieve energy efficiency by integrating the element of modernization into their smart homes.

The trend towards effective energy management solutions will only continue to grow in the coming future. With progressing environmental knowledge, organizations and corporate sectors are showing more and more interest in the implementation of specialized energy-saving systems and the adoption of renewable energy technologies.