What is a home energy management system?

The goal of a home energy management system is to cover the energy demand of a household while minimizing costs and/or emissions. Typically, a HEMS reduces costs and emissions by maximizing the utilization of renewable energy as it aligns consumption with times when renewable energy is available. Every household has its individual needs.

Are solar and battery storage a viable option for a mature home?

As much as these may sound like the considerations of a commercial fisherman, it's actually the menu of options available to energy mature homes that have invested in both solar and battery storage. According to a recent home energy framework from research firm Habitielligence, these homes are at CORE level 4 - Empowered.

Is cloud-based energy management possible without a local gateway?

Cloud-based energy management is also possible without a local gateway, however, this is less prevalent and has increased latency. Software and applications compatible with the hardware to control, monitor and access the DERs in a household.

What is a flexible energy consuming asset?

Electric vehicle (EV) - EVs are another flexible energy-consuming asset. Because they usually sit for a long period of time, their charging can be shifted to periods when either solar generation is high or electricity prices are low. The car must be linked to the HEMS via a wallbox or other smart EV charger.