Smart energy management: A computational approach

Abstract

Among the practitioners in the energy management domain, there is enormous excitement about synthesizing and benefiting from numerous technologies, including real-time monitoring, net metering, demand response, distributed generation from intermittent sources such as solar and wind, active control of power flows, enhanced storage capabilities, and micro-grids. A common theme in today’s solutions is the data-driven nature of the enabling technologies — to analyze requirements, use measurement/monitoring data to drive actuation/control, optimization, and resource management. The ability of modern sensing and IOT (Internet of Things) devices to inform us about the current state of the system and provide a timely and state-appropriate (rather than a broad, imprecise) response, backed up by analysis leads to novel solutions that are also practical and efficient.