Information Technology & Services - , ,
SimEnergy is a project created by a group of students of the Energy Transition and Artificial Intelligence track from the Honors Academy of the Eindhoven University of Technology. Our mission is to develop an algorithm for smart meters that disaggregates the energy consumption of households and small offices into the appliance level. It has been found from research that the monitorization of energy consumption by individual devices and offering real-time data to consumers is highly effective to bring consumption/behavioural changes as well as better operational strategies for energy stakeholders. This allow a reduction in unnecessary expenditure in the residential sector, taking a step towards energy transition. SimEnergy holds a vision to use the potential of data analytics and artificial intelligence to simulate the raw data from Smart Meters into useful visuals and insightful information for more efficient appliance usage, as it provides the opportunity to save up to 20-30% of energy, as well as adding societal and financial value to the customer's experience.