Article updated on September Aug 15, 2024
Household Energy Storage Companies Urgently Need a Second Growth Spurt, AI + Energy Management to Break Deadlock
On the generaltrend of using AI to enhance electricity cost savings, and home energy storage products are accelerating towards whole-house smart. In front of many seniors in thephotovoltaic and energy storage industry, the general manager o

On the general trend of using AI to enhance electricity cost savings, and home energy storage products are accelerating towards whole-house smart.

 

In front of many seniors in the photovoltaic and energy storage industry, the general manager of AECC, Gao Yang, can be regarded as a seasoned professional. More than ten years of experience in the energy Internet of Things industry has given him an in-depth study of the fine management across various aspects of smart grids.

 

The energy storage industry has evolved from overseas sales and product quality to today's competition in price and performance. In Gao Yang's view, after rushing to stake claim in new markets, the hardware aspect of the products has entered a period of innovation bottleneck. The intensity of price wars remains unabated, and household energy storage products need to face rapid iteration based on user demand. Achieving an efficient energy consumption plan through software solutions is the way to break the deadlock.

 

At present, energy management solutions on the market all upload data to the cloud, and then the cloud sends instructions to control the equipment. They rely on the network, have a long time delay, and the control is not accurate. The core competitiveness of AECC, an AI energy control solution service provider, is to access real-time electricity price information in different countries and regions, combined with equipment parameters, meteorology, and electricity usage habits, etc., to produce the best energy consumption plan strategy through AI algorithms. Through the dual-channel data interaction between edge interconnection of photovoltaic energy storage devices, charging piles, smart meters, smart sockets, heat pumps, home loads, and cloud platform communication, it realizes millisecond-level data transmission, precise energy allocation, off-network operation, and minimum energy expenditure.

 

The application of AECC's HA-EMS system includes customers such as Haier Nahui New Energy, INVT, TENTEK, SAKO SOLAR, etc., with more than 300,000 users in the overseas market.

 

The Era of Negative Electricity Prices Urgently Needs Energy Management

 

"Negative electricity prices" refer to the situation where power generators need to pay fees when delivering electricity to the power grid. In simple terms, during the "negative electricity price" period, residents can use electricity for free and also have electricity subsidies. On the contrary, at this time, sending electricity to the power grid may be fined. Taking Europe as the leader, photovoltaic power generation is becoming more and more normalized, and the phenomenon of negative electricity prices is becoming more and more intense.

 

In Germany, the installation of balcony photovoltaics and rooftop photovoltaics has soared in the past two years. In May of this year, due to an excess of solar power generation, the electricity price fell to a negative value, and the duration of negative electricity prices in July reached a record-breaking 80+ hours. According to data from the European Energy Exchange (EEX), the UK is expected to reach a cumulative negative electricity price of 1000 hours by 2027.

 

 

All in all, with the European region leading the way, the consumption of excess PV power is becoming a new problem.

 

In response to negative electricity prices, residents have turned to home energy storage. When dynamic electricity prices tend to be normalized, maximizing the use of home energy is the best solution. Above the hardware, the software level of energy management can continuously monitor energy consumption, respond sensitively to fluctuating electricity prices, and ultimately help users reduce electricity bills.

 

However, there are many types of home appliances in residents' homes, and the brands are very diverse. The demand of users for a truly integrated home intelligence experience is increasing, calling for an AI software and hardware system that can truly connect different brands and be compatible with all home energy peripheral devices to achieve intelligent energy management.

 

 

 

Interconnection of Energy in All-Ecology Households

 

The HA-EMS is a cloud-edge collaborative energy management solution launched by AECC. This system generates optimal energy consumption plans through the cloud platform, enabling independent operation of devices at the edge. It includes five major control scenarios, aiming to activate energy-consuming devices (such as charging stations, heat pumps, and water heaters) during low electricity price periods and reduce their usage during peak price periods. Additionally, it maximizes battery energy output management, optimizing the utilization of photovoltaic and energy storage equipment.

 

 

In terms of APP usage, AECC HA-EMS supports automatic equipment matching and networking, one-click AI control, and enables second-by-second data refreshing and accurate status pushing. To facilitate users' understanding of the energy consumption plan, it also provides functions such as revenue comparison, energy consumption analysis, and electricity price inquiries.

 

Energy Control Cloud enables equipment manufacturers to quickly complete full eco-household energy interconnections using customised AECC edge collection hardware and built-in interconnection protocols, which can be compatible with the communication protocols of new and old photovoltaic energy storage devices. The photovoltaic energy storage devices do not need to modify the agreement, and the equipment can be upgraded with energy interconnection ecology in just one week.

 

At the same time, AECC provides the best energy consumption plan to help users reduce energy consumption expenditure, provides an interconnection ecosystem server to enhance user stickiness; by opening subscriptions, recharging, and other services for users, it also helps equipment manufacturers to achieve dual hardware and software revenue for equipment.

 

 

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