Renewable Energy Portfolio Monitoring
New renewable energy resources are popping up everywhere. Energy sources are abundant, the trick is how to harness them inexpensively. A source that has been around for a couple of years now, and an idea that has been around for a very long time, is cycling to create energy. It is being called pedal power, and although this sounds like a small and insignificant source USA today reports that 20 people over the course of a year could generate enough electricity to power 72 homes, a single person working out for 30 minutes generates 50 watts. Adding this to the growing trends such as spin classes and you have a significant renewable energy source.
The problem with this source, as is the problem with every renewable source, is how do you measure it. Renewable sources are, by nature, very unreliable, the sun doesn’t always shine, the wind doesn’t always blow, and people don’t always exercise. How do you know when to take energy from the grid and when you can sell back to the grid?
The solution is Continuous Energy Management and Optimization (CEMO). This system allows you to monitor individual renewable energy sources and view them on a screen that will allow you to track production, how much is going to the grid and how much is coming from the grid. It will help you manage your portfolio; whether you are using 1,000 bikes at 60 different gyms or a single solar panel.