18533647. ENERGY MANAGEMENT APPARATUS AND ENERGY MANAGEMENT METHOD simplified abstract (LG Electronics Inc.)
ENERGY MANAGEMENT APPARATUS AND ENERGY MANAGEMENT METHOD
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ENERGY MANAGEMENT APPARATUS AND ENERGY MANAGEMENT METHOD - A simplified explanation of the abstract
This abstract first appeared for US patent application 18533647 titled 'ENERGY MANAGEMENT APPARATUS AND ENERGY MANAGEMENT METHOD
The present disclosure pertains to an energy management apparatus and method that involve predicting energy generation and consumption to optimize power purchase decisions.
- Energy management apparatus includes prediction units for energy generation and consumption, along with a control module for adjusting power purchase time and quantity based on predictions.
- The apparatus utilizes models to forecast energy generation and consumption outputs, enabling efficient power purchasing decisions.
- By adjusting the power purchase time and quantity for each time zone, the apparatus aims to balance energy generation and consumption effectively.
Potential Applications: - This technology can be applied in smart grid systems to optimize energy usage and reduce costs. - It can be used in renewable energy systems to maximize energy generation and minimize waste. - Energy companies can utilize this technology to improve their energy purchasing strategies and enhance overall efficiency.
Problems Solved: - Helps in reducing energy wastage by accurately predicting energy generation and consumption. - Enables better management of energy resources to meet demand effectively. - Optimizes power purchase decisions to save costs and improve overall energy efficiency.
Benefits: - Increased efficiency in energy management and utilization. - Cost savings through optimized power purchasing decisions. - Enhanced reliability and stability of energy supply.
Commercial Applications: Title: Energy Management Optimization Technology for Smart Grid Systems This technology can be commercially used by energy companies, renewable energy providers, and smart grid operators to improve energy management strategies, reduce costs, and enhance overall system efficiency.
Questions about Energy Management Optimization Technology: 1. How does the energy management apparatus predict energy generation and consumption accurately? - The apparatus utilizes prediction models based on historical data and real-time inputs to forecast energy outputs effectively.
2. What are the potential benefits of implementing this technology in smart grid systems? - Implementing this technology can lead to increased energy efficiency, cost savings, and improved reliability in smart grid operations.
Original Abstract Submitted
The present disclosure relates to an energy management apparatus and an energy management method. An energy management apparatus according to one embodiment includes an energy generation prediction unit having an energy generation prediction model, an energy consumption prediction unit having an energy consumption prediction model, and a control module to adjust a power purchase time point and a quantity of power to be purchased for each time zone based on the predicted energy generation output from the energy generation prediction model and the predicted energy consumption output from the energy consumption prediction model.
