Today’s technology is changing quickly, allowing for faster change and progress and accelerating the rate of change. However, this year’s outbreak of COVID-19 has brought about a great deal of difference from just emerging technologies and trends in technology. Energy is a necessity for everyone, and it goes without saying. The availability of energy resources is one of the most critical factors in economic growth and individual well-being. The energy sector needs a lot of new ideas to deal with the problems it already has.
How Do Mobile Apps Provide New Opportunities To The Energy Industry?
Energy companies now have new opportunities to increase profits and efficiency due to the widespread use of smartphones and tablets. Through application development, energy companies also use mobile devices to connect with customers. As a result, mobile apps produced by such businesses fall roughly into two categories:
1. In-House Apps
Business intelligence collection resources and monitoring and diagnostic tools are examples of industry-specific in-house applications. Mobile applications by renewable energy app development company can be made for field workers in the energy industry. Such applications for cell phones, principally for tablets, similar to the iPad, can permit stock-making due to symptomatic data assortment, information securing, far-off telemetry control, and other helpful capabilities.
Mobile apps add value to the entire organization through the timely collection and delivery of accurate field data to the corporate office. In addition, field workers can seamlessly interact with corporate systems by utilizing a single, field-specific application rather than multiple software systems. In 2011, General Electric said it had developed several apps for its employees and customers and distributed 2,000 iPads internally.
2. Consumer-Facing Apps
Customers can reduce their wasteful energy consumption and, as a result, their expenses with the assistance of mobile applications by renewable energy app development solutions. Working on customers’ admittance to information about how they use energy in their homes will permit them to utilize cell phones to compute likely reserve funds on their energy bills, increment energy education, and decrease energy utilization.
In this manner, a mobile app transforms a smartphone, such as the iPhone or Android, or a tablet, such as the iPad, into the home energy system’s remote control. Additionally, this gives homeowners a one-of-a-kind method for enhancing the comfort and enjoyment of their homes, devices, and appliances. As a result, consumers become more aware of mobile applications, and the home automation market expands.
What Are The Top Energy Industry Trends That Will Impact Companies In 2023?
Numerous new businesses are developing low-cost renewable energy management solutions, technology and innovations in the sector driven by the development of renewable energy infrastructure, power generation, storage, and efficiency, some of which are:
1. Renewable Energy
Using renewable energy saves the environment because it emits very few or no harmful emissions. One of the biggest trends in the energy industry is the variety of technologies for generating power or heat from renewable sources. This incorporates decreasing expenses for assembling renewables framework and creating leverage with higher paces of effectiveness.
- Odqa – Concentrated Sun-Oriented Power (CSP)
British startup Odqa creates CSP innovation that opens high-temperature energy cycles, increments creation, and grows the limit of PV power plants. They likewise offer an original framework design for CSP plants that diminishes the expenses of PV plants and further develops general framework proficiency.
- Echoenergia – Production of Wind Energy
The Operations Control Center (OCC) is a technology asset monitoring system developed by a Brazilian startup Echoenergia to facilitate agile decision-making and enhance safety. It generates renewable energy from multiple wind complexes and matches project capacity to local demand, avoiding network congestion and unnecessary energy losses.
2. The Internet of Energy
Through energy transactions between its users, IoE puts intelligent distributed control into action. This new paradigm enhances the macro-energy system’s coordination and optimization for energy generation, creating an intelligent grid.
An IoE platform that connects energy developers, consumers, and investors are being developed by the Argentine startup NYDRO. The entire system’s components are used to decentralize energy sources and build modular smart grids, and their solution uses blockchain technology to construct an entire ecosystem. Its energy board stage upholds the observing and streamlining of energy storerooms.
- Energeia – Energy Efficiency Solutions
Energeia is an Indian startup that offers monitoring solutions, locating, financing, and putting energy efficiency into action within a business model that shares savings. Energeia’s smart meters use gateway devices to collect energy data and send it to an online platform for analysis, resulting in energy savings.
3. Energy as a Service
Some future visions of the energy system focus primarily on distributed energy resources (DERs) monitored by a combination of AI and IoT. These DERs, blockchains and many energy consumers make up energy-as-a-service solutions. The transition from selling electricity to selling services like consumption management, production optimization, and consumption tracking is made possible by EaaS.
- KPay- Energy Trading Platform
Energy trading is made possible by KPay, an Indian startup that develops EaaS platforms that can be integrated with any electric device. Solar, pumps, household appliances, and farming equipment are all offered through their platform under a pay-as-you-go arrangement.
- Iota – AI-Powered Building Energy Services
Iota, based in the United States, offers EaaS that combines the smart building software BrightAI with various energy-saving measures. The lighting, HVAC, demand response, and utilization of renewable energy are all improved by the solution’s energy management optimization.
4. Power To X
The use of renewable energy sources and energy efficiency improvements to cut greenhouse gas emissions are becoming increasingly important worldwide. The industry is increasingly interested in Power-to-X technologies for electricity conversion, energy storage, and reconversion pathways.
- Ineratec – Power to Liquid
The gas-to-liquid, power-to-gas, and power-to-liquid technologies are offered by the Swiss startup Ineratec in customizable applications. Synthetic hydrocarbons and fuels are produced through their gas-to-liquid process, which uses renewable methane-containing gases and emissions from fossil fuels.
- SeeO2- Gas to fuel
By devising reversible fuel-cell technology, the Canadian startup SeeO2 Energy helps turn greenhouse gases (GHG) into assets. In addition, their technology makes it possible to turn CO2 into fuels and chemicals with added value that can be sold and are clean.
Blockchain technology aims to unite all energy stakeholders into a single, decentralized network. Smart contracts could potentially help with this. All energy-related transactions will be routed through a secure and immutable network as a result of these contracts, eliminating the possibility of losses. By making electricity more affordable for more people, blockchain also has the potential to achieve some degree of equality between energy producers and consumers.
- Blok-Z – Secure Green Energy Contracts
Utilizing blockchain technology, the Turkish startup Blok-Z enables anyone to participate in the energy market and gain access to green electricity that is cost-effective, transparent, and traceable. The Blok-Z software automates settlement, auditing, and back-office processes by securely recording electricity ownership and consumption.
- Enosi – Community Energy Trading
Using its blockchain platform, the Australian startup Enosi speeds up direct access to renewable energy services. The Enosi Protocol helps get around bureaucratic procedures that stop distributed generation from growing naturally. Enosi’s solution makes community energy trading possible without needing microgrids or existing grid partners.
Energy producers, consumers, and prosumers all benefit from various solutions developed by scaleups and startups. Exciting investment opportunities arise from technologies that reduce the cost of solar and wind power, increase energy storage capacity, and boost battery efficiency. The energy industry’s current procedures and business models will also be altered due to the implementation of AI, blockchain, and the Internet of Everything. Businesses can turn their creative and innovative concepts into new opportunities thanks to renewable energy mobile app development services, which combine with mobile devices’ distinctive capabilities.
Mobio Solutions is a leading Renewable Energy mobile app development company in UK. Our team of professionals develops Renewable Energy technology solutions that help to enhance your energy business.