From Data to Savings: The Role of IoT in Energy Management

Ellie Gabel
From Data to Savings: The Role of IoT in Energy Management
Illustration: © IoT For All

Builders and thought leaders employ IoT devices for more than data-gathering potential. The technology guides energy management’s future with consumption analytics and financial savings. Discover how IoT integrates with infrastructure to encourage progress and refine energy use.

Data in an Energy Crisis

The planet is running out of resources, making it more taxing to maintain energy supply. Prominent influences include international conflicts — like the Russia-Ukraine war — and widespread corporate digital transformation. Comparing production, output, and expenditure between nations reveals inequalities in energy access that IoT can alleviate. 

Sensor data exposes routes to sustainable energy management while delivering consistency in the most demanding age in human history. IoT is scalable from microgrids to the world’s most populated cities. IoT device implementation in management systems prevents losses and optimizes dispersal. 

The use cases for IoT in energy management explore its potential and how it ushers the planet into a new age of smart power.

Smart Grids and Energy Distribution

IoT is the only reason smart grids are possible. Automated demand response keeps homes and offices lit even during peak times, and AI considers distribution for preventive maintenance. Big data analytics and machine learning combined with IoT measure:

  • Voltage
  • Usage
  • Weather patterns
  • Peak times
  • Population
  • Frequencies

Systems compare incoming data with historical information to craft a personalized management hub. The system’s heightened reliability is the ideal platform to transition to renewable energy, which requires a host of data points like carbon impact. 

Power consumption may rise to 28 percent by 2041 — a level existing legacy systems cannot bear. IoT provides data so energy workers and builders have visibility during this critical shift in management operations and complicating tech stacks.

Building Energy Management Systems

Real-time updates and predictive analytics are a few of the most significant benefits of IoT-enhanced BEMSs. IoT permits interoperability between numerous devices like smart meters to leak detection systems. Before, builders and homebuyers could not compare benchmarks like occupancy against power usage.

A Spanish university case study explored implementing smart BEMSs to automate and refine HVAC systems on campus. Improving the quality of life for students and BEMS operators was the goal. IoT installation saved up to 70 percent of power use in HVAC systems. The systems collected carbon dioxide information simultaneously, providing more oversight and context for comprehensive building upgrades. 

Public use of IoT-driven BEMSs impacts more than occupants. Stakeholders need numbers to influence decision-making and process discovery. Supervising public buildings and households is equally essential, primarily if developing energy-to-grid precedents.  

Industrial Energy Monitoring and Control

Personal energy management is critical, but industrial buildings consume more power overall. More intricacies line commercial power usage, such as controlling novel IoT devices alongside the National Electrical Code. The systems are aware of current best practices and acclimate accordingly. Leveraging IoT assists regulatory compliance by having data ready for audits.

Consider high-intensity buildings like data centers where refrigeration and energy regulation are paramount. Workers pair IoT with demand control ventilation for remote maintenance and setting adjustments. Alternatively, multi-purpose sensors detect motion to advise production lines, and smart thermostats create comfort automatically — even with workforces with hybrid work models.

Surveillance over energy consumption informs maintenance with clarity. Machines last longer because workers issue more attentive, relevant repairs, increasing the life span of connected devices. Companies and homes see financial benefits from reduced replacement costs and reinforced productivity from time savings.

Cybersecurity Enhancement and Data Protection

IoT’s reputation for being a pinnacle of cybersecurity has yet to form fully. Universal IoT implementation is a golden opportunity to mend vulnerabilities. Critical infrastructure is prone to cyber threats in the connected age, compromising prospective conveniences and insights the technology provides. The data is valuable and plentiful, enticing threat actors. 

The threat climate promotes collaboration, research, and regulatory action, which is stronger than the fear cyber criminals attempt to incite. Experts are familiar with how trends like AI warfare and the proliferation of 5G open doors for breaches. IoT could provide more robust digital protection with curation. 

An enterprise may receive notifications of potential threats, alerting assigned experts and authorities without human intervention. It gives cybersecurity and IT staff extended time and resources for isolating dangers and executing remediation according to business continuity plans. Cybersecurity analysts are in short supply as vacancies continue to permeate the sector.

Supplementing efforts with smart IoT is crucial for containing threats while offering informed suggestions for:

  • Identifying data losses.
  • Restoring backups. 
  • Visualizing threat attempt trends.
  • Verifying identification for device access.

Data Is Power for Modern Energy Systems

Energy management systems require IoT to revolutionize. Augmenting buildings with IoT supplies an understanding for workers and residents alike that humanity has never conceptualized. 

Analytics allow industries to improve structures from all angles, removing the time-consuming information collection process and data parsing. Saving power and decarbonizing for an energy-aware future has never been more possible than with IoT.

Ellie Gabel
Ellie Gabel - Associate Editor, Revolutionized
Ellie is a science and tech writer for Revolutionized. Since childhood, she has been an avid reader of science magazines, and she loves staying up to date with the latest advancements in technology.
Ellie is a science and tech writer for Revolutionized. Since childhood, she has been an avid reader of science magazines, and she loves staying up to date with the latest advancements in technology.