Implementing the high-performing 2nd generation Squid.link gateway into energy solutions helps to improve the management of peak loads and to enable smart grids to save more energy.
The efficiency of the IoT in terms of automation and process optimization is present in various industries such as smart home, smart security, home care, building management, etc. Yet, its biggest impact is undoubtedly within the electric power industry. Implementing IoT solutions within energy management systems benefits citizens, the public and the private sectors as it helps to reduce carbon footprints and energy bills. It also has a significant positive impact on the environment as it improves leveling peak loads and flattening the electricity demand curve. A more constant level of energy consumption reduces the risk of overworking the production plants, hence conserving natural resources.
Furthermore, incorporating the IoT into energy management systems enables smart grids to save more energy, thus powering industrial and residential buildings more efficiently. Crucial to the successful implementation of the energy management solution, however, is the presence of a high-performance gateway, such as the 2nd generation Squid.link, to improve managing peak loads.
Help your customers save energy by making better-informed decisions
The Squid.link gateways can be combined with wireless communication interfaces for meters in order to optimize the smart energy management solution from a consumer perspective. Customers will be provided with detailed knowledge about their consumption patterns. Using this information to monitor and analyze their household utility consumption will allow them to make better decisions and reduce their power intake and with it their environmental impact where appropriate. For example, consumers can move some of their housekeeping activities, such as doing laundry, to off-peak hours or replace their old appliances with more energy-saving models. In this way, users are actively participating in the energy conservation process themselves.
Higher-quality data leads to better sustainable energy consumption strategies.
Introducing a 2nd generation Squid.link gateway to an energy management solution allows for gathering large amounts of high-quality data. Thus, a company can give its customers access to a more comprehensive overview of their energy consumption. Additionally, analyzing the metrics is useful for uncovering consumption patterns and optimizing them by, for instance, planning more sustainable demand response (DR) strategies for the residential and industrial sectors.
Placing the 2nd generation of Squid.link gateways at the core of the energy management solution results in a mature, modular, reliable, and secure platform. As an already tested and certified gateway, it eliminates the need for time and money expenditure on product development and instead opens space for a focus on software development.