Elytic Networks Develops Artificial Intelligence to Reduce CO₂ Emissions
Melbourne, Australia (PRWEB) November 19, 2014 -- Each year more than 1.7 trillion kilo watt hours (kWh) of energy is lost, wasted being distributed to the consumer.
This leakage phenomenon known in the energy sector as technical losses, has been tracked in detail by The World Bank since 1960.
Over the last ten years, and ever since the energy sector adapted Condition Based Management (CBM) or don’t fix it until it`s broken, these losses continue to mount by as much as 20 billion kWh per year.
Scientists at the Australia based Elytic Networks have seized on this technical loss data and for the first time have developed a remote artificial intelligent smart grid sensing devise that pinpoints technical losses, gauges the severity of the condition then transmits streaming visual analytics via the internet.
Once thought to be a best practice approach, Condition Based Management was adapted almost universally a decade ago by the energy, rail and mining sectors to address a shortage in maintenance personnel and to increase profitability” Said a company spokesman. We believe that new direct measures and methods needed to be developed, to remotely manage electrified assets better and to reduce technical loss factors to more tolerable levels, this is what this technology addresses.
Australia has a loss factor of 14%, slightly more than that of all of its renewable energy input. Reducing this loss factor to that of Japans 6% would not only reduce Australia’s emissions annually by 20 million tonnes, it will also make renewable energy sources more viable with less coal fired generation needed to fill the loss gap.
Many developing countries such as coal dependent India have losses on some networks exceeding 64%. It`s these developing countries and more developed economies that our company hopes to start exporting the technology to through The World Banks energy efficiency and carbon reduction funds, The World Trade Organizations (WTO) Aid for Trade program and as outlined by U.S. President Barack Obama at this weeks Brisbane’s G20 meeting the newly created $30b Green Climate Fund.
Australian energy providers and rail operators will be able to pilot and scale up with the technology via the Federal Governments $2.5b Emissions Reduction Fund.
Ian McRae, Senior Energy and Utilities Partner at consulting firm Litmus Group said. ‘“Litmus Group has worked with Elytic networks to identify and measure the emissions impact of Elytic’s smart grid technology. The approach we have used and submitted to Government supports the identification of technical losses and the calculation of the emissions impact of a reduction in losses. The outcomes are provable and verifiable.”
Elytic Networks believes that Governments considering emission trading schemes as a way of reducing their emissions should first review their own technical losses against their reduction targets then consider methods and technology by which these benefits can be achieved. It`s direct, faster and more affordable and to many it`s the common sense approach to reducing emissions.
The technology said the company is based on Google`s Android operating system and if adapted universally it has the ability to significantly reduce global emissions. Cutting that 1.7 trillion lost kWh by just fifty percent would reduce emissions by 1.25 billion tonnes annually and this is completely achievable the company states. All that was needed was the right technology condition based monitoring to address the issue.
Elytic Networks will begin the testing and certification process in the first quarter of 2015. The technology will operate on the Telstra network in Australia and AT&T`s network in the United States. Additional wireless telecommunications providers will be added as part of the company’s global expansion plan.
Enquiries, Elytic Networks, +61 413966496, [email protected]
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