Smart Load Solutions
Smart Load Solutions is creating a cloud service, which by taking advantage of electricity markets price fluctuations can decrease electricity bills by around 20%. When an industrial or a household electrical device is connected to our cloud, our service will save the information about that device to our database. Then, based on these characteristics and future electricity prices, our optimizer calculates the most optimal time for every client’s device - when to consume electricity and when to not. Only precondition is, that the devices connected to our cloud all have some form of energy storage – like a battery in electric car, water in a boiler, air in a room with electric heater, storage room with a production machine, reservoir in a hydro power plant etc. In this case, electricity is consumed with maximum power when the prices are low and when the prices are high, the storage is used to its utmost capacity. What makes Smart Load Solutions advanced, however, is that this is all done automatically in the background, without any discomfort to the client. Meaning, client never runs out of hot water just because electricity prices are too high.