Looking into the future – Solar is likely to be sold as a core part of the smart building package
Because of the volatility of the global oil prices, the cost of energy will continue to increase proportionately and especially when our energy demand continues to depend on finite fossil fuels. Similarly, the cost of energy for any average building in the USA or globally will continue to increase proportionately when the main source is from fossil fuels because the price for energy continues to increase due to volatility of oil prices. Solar PV and increased connectivity is an option that seem very promising and could help to reduce or mitigate the issue of climate change and increasing energy prices.
The advent of AI in energy management
The advent of new technologies such as big data analytics, machine learning and Artificial Intelligence (AI), robotics and blockchain allows for smart building energy management systems that can provide monitoring made possible through Internet of Things (IoT), advanced data analytics and via wireless connections.
Looking in the future, solar is likely to be sold as a core part of the smart building concept that includes a building energy management system, energy storage, Electric Vehicle (EV) charging and smart appliances. This makes more sense because sourcing all the energy from solar will help to save more money and help to achieve sustainability. Also, EV and smart appliances can help to balance the grid for instance, electric vehicles can be used as temporary storage to connected appliances to reduce power usage when needed.
Also, in the energy management space, lighting and HVAC integration are the two most common systems integrated into the smart building strategy to reduce the energy footprint, but the IoT industry has opened the door to more sensors and hence increased intelligence though data collection. Some of the most common IoT sensors have applications for smart metering, occupancy sensors, water detection, humidity sensors, contact sensors, and carbon monoxide detection among many others.
The whole idea of making your building smart is to allow you to make more informed decisions about the building based on the data it provides. Data is aggregated via IoT (Internet of Things) controls and sensors in a web-based platform that can be monitored, controlled and acted upon in real-time or perhaps using your cellphone. The main advantage for having a smart building is to help facility and property managers gain insight into the detailed workings of their locations and gather useful data to improve building performance and efficiency.
Advantages of integrating solar in a smart building:
- Smart buildings utilize machine learning algorithms and can be able to forecast your energy consumption and through demand response mechanisms solar consumption by the building can be increased in times of high solar generation and vice-versa. Through IoT smart appliances can be remotely controlled digitally to adopt on-site demand. For instance, heat pumps, heat storage batteries and air conditioning units can be optimized with solar generation and be a way of using excess solar electricity as heat.
- Battery storage and smart electric vehicle charging when integrated with solar PV could significantly increase solar consumption for some households and businesses and especially when solar PV is combined with battery storage.
- Deep machine learning and artificial intelligence when integrated with your smart appliances and solar can help to forecast and manage generation and consumption as well as voice activation technology to make systems more user-friendly.
- Generally, smart buildings through optimization increase energy efficiency, comfort and safety and with solar PV, more energy is saved reducing your energy footprint.
This article explained how the smart building concept can help to reduce energy consumption and allow for the integration of solar PV, EV charging and IoT helping you reduce your energy footprint to achieve sustainability. However, a key question is whether these smart building technologies can currently pay for themselves? Do they currently increase or decrease the return on investment on an installation when combined with solar? EnergySage is a great starting point to help you figure out your energy savings when it comes to going solar.