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Internet of Things in the Energy & Utilities Sector

To continue my series of blog posts about how to practice the Internet of Things, let’s look at how it can be used in different sectors, and first out is the Energy and Utilities sector.

One very interesting possibility with the Internet of Things is to make things visible that are usually not. Such an example is electricity, which is omnipresent in our lives, but still is not something we can see. One important aspect of electricity is it’s price, and that is also not visible in any easy way. Since most energy markets are open and prices vary over time, it could be profitable to keep track of prices, so that you can optimize your use of energy, e.g. wash the clothes when the price for electricity is low. More importantly, this kind of behavior will actually help the energy suppliers as the load on the grid is evened out over time. This in turn will have an impact on overall energy use. [...]

 

To read the whole post and interact, please visit the SogetiLabs blog: Internet of Things in the Energy & Utilities Sector