The data obtained from these can then be used to perform self-diagnostic and optimization routines on a frequent basis and to produce trend analysis and annual consumption forecasts.
[1][2] Energy management systems are also often commonly used by individual commercial entities to monitor, measure, and control their electrical building loads.
Smart Energy Management Systems (SEMS) are used in both residential sector, such as SoliTek NOVA[3] and in commercial/insdustrial applications of various types.
[4] SEMS plays a key role in most smart grid concepts as it enables use cases such as virtual power plants and demand response.
Newer, cloud-based energy management systems provide the ability to remotely control HVAC and other energy-consuming equipment; gather detailed, real-time data for each piece of equipment; and generate intelligent, specific, real-time guidance on finding and capturing the most compelling savings opportunities.