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Apartment building and house beside solar panels and a power plant connected with a grid white dots

ZOME Smart Energy Solutions

 

The Evolving Energy Grid

Traditional energy generation, based on coal, nuclear, and gas, provide a stable, predictable supply, however environmental concerns and regulations dictate we move away from fossil fuels. Renewable energy resources, while pollution-free and inexpensive, only output power when the sun is shining, or the wind is blowing.

As renewable energy generation investment grows, and traditional energy slows, the supply of energy becomes less predictable creating a significant challenge for energy providers: Too much supply and resources are wasted. Too much demand and the results are blackouts and equipment failure.

 

Traditional energy generation, based on coal, nuclear, and gas, provide a stable, predictable supply, however environmental concerns and regulations dictate we move away from fossil fuels. Renewable energy resources, while pollution-free and inexpensive, only output power when the sun is shining, or the wind is blowing.

As renewable energy generation investment grows, and traditional energy slows, the supply of energy becomes less predictable creating a significant challenge for energy providers: Too much supply and resources are wasted. Too much demand and the results are blackouts and equipment failure.

 

A PRACTICAL PATH TO SMART CITIES

The promises of today's, and tomorrow’s Smart Cities include energy independence, optimized energy usage, cost containment, and carbon neutrality.

A building with energy resources such as solar and storage can be "off-the-grid" and can produce and store its excess energy. The ability to be off the grid and intelligently manage energy enables a building or to become a micro-grid.

A micro-grid can dramatically decrease energy costs for homeowners, apartment building owners, tenants, commercial building owners, and industrial operations.

 

Energy providers can leverage micro-grids to balance areas of the energy grid by asking micro-grids to conserve energy during peak demand times or redirecting excess supply to other parts of the grid that need it most.

Furthermore, micro-grids can be aggregated to create a substantial decentralized energy source that can operate independently of the grid altogether.

In the best case, a micro-grid generates more energy than it needs and can sell that excess supply back into the electrical grid, thus becoming a revenue-generating decentralized power plant.

 

ZOME’s objective is to create multi-revenue streams for energy providers and building owners not only by saving them money but by enabling them to generate money.”

Dr. Alex Papalexopoulos
Chief Executive Officer