A microgrid connects a group of energy users together, empowering them to generate, store and share energy.
The homes and businesses in a Microgrid can be a mix of those with just solar, solar and batteries or even just participate as consumers of locally generated clean energy.
- Energy sourced from the grid is significantly reduced. This maximises the amount sourced from locally generated, clean, cheap, solar energy.
- Multiple locations, solar systems and batteries working as a team mean a higher potential for the microgrid to remain self-sufficient and avoid outages.
- Surplus energy can be shared amongst participants in the microgrid, sold back to the grid or even donated to a school, charity or other community organisation.
We are starting to see Microgrids go ahead in all states of Australia now.
Peer to Peer Trading
Most people are aware of selling excess solar power back to the grid, but what about cutting out the middle man and directly on-selling to your neighbor instead?
This is called peer-to-peer trading and it’s fast becoming a reality in Australia, with start-ups across the country trialing ways to counter power bill hikes by putting the power of energy generation into the hands of consumers.
Peer-to-peer trading overhauls the system by opening the market to allow households to buy and sell solar energy without a power company, trading their energy for more than the feed-in tariff while still undercutting power providers for buyers.
Data Analytics and The Internet of Energy of Things (IoT)
What is the internet of things?
The Internet of things is the network of physical devices, vehicles, home appliances and other items embedded with electronics, software, sensors, actuators, and connectivity which enables these objects to connect and exchange data.
Solar monitoring software is essential in managing the performance of a solar system. This enables the owner of the system to keep abreast of usage and pinpoint any issues that may arise. Unless you are monitoring your solar then you are not aware of how their system is performing, what needs fixing or improving, where you are consuming your energy and how to optimise your system to make your solar investment work harder for you.
There are now Australian companies that have developed the technology and software to manage your solar system. This energy management system supports integrated hardware, software and data streaming solutions to manage energy productivity, ‘behind the meter’ services, distributed generation and storage, and Internet of Things (IoT) applications.
IoT – Internet of Things