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Featured Business IdeasRenewable energy management in neighbourhood

Business idea posting spotted and published by BUSINESS IDEAS Forum moderators

Description: The worldwide energy consumption increases 2% annually doubling every 35 years and at the same time the fossil fuel consumption increases over 3.4% doubling every 20 years. It is becoming increasingly urgent challenge to power the world. The renewable energy sources, smart energy consumption and generation management are getting increasingly into the focus.
Dutch startup called Qurrent is taking the notion a step further with technology to enable neighbourhood-wide energy networks. Qurrent specializes in Decentralized Renewable Energy systems enabling its customers to generate their own energy locally from renewable sources, using solar panels, micro wind turbines, heat pumps and hydrogen fuel cells. They develop devices, software and services that enable the creation of small local energy networks. Within these networks, which are mostly privately owned, houses exchange energy to maximize the efficiency of the energy they produce. Sharing energy with other houses optimizes the efficiency of each house’s system. Because of fluctuating patterns of consumption, homes with wind and solar energy generators can find themselves with surplus energy at some times of the day but not enough at others. Surplus energy typically gets sold back to the main grid, but with as much as 30 percent losses. When a group of homes work together to manage their collective energy generation and use, on the other hand, higher levels of demand in one home can be matched with surpluses in others, thus evening out the group's overall consumption and minimizing the amount that must be drawn from the main grid. Participating homes essentially form a "mini-grid" that shares energy internally before exchanging any with the main grid, thereby minimizing waste and maximizing efficiency.

The whole process is controlled by so called Qboxes linked to a central Qserver. The Qboxes in the network monitor energy flows in each home and optimize them for maximum network-wide efficiency. They share capacities as needed among neighbours, and can also autonomously turn on devices such as washing machines and dryers so that they are run at the optimal time.

The challenge will be to match the fluctuating consumption from house to house with the equal energy generation from all houses, because when the sun is shining or wind blowing, all houses in proximity will generate energy. As there isn’t any possibility to store the surplus energy, it will be sold to the main grid with the losses. The solution could be to create a larger network of local energy networks in order cover larger geographic area and thus allow variation in energy generation.
Qurrent won the 2007 Picnic Green Challenge for the best marketable green idea that could be developed and sold to consumers within two years. The award will be used to pilot-test the concept in a Netherlands neighbourhood. Lets see then how they solve the problem with the equal energy generation.

Website: www.qurrent.com
 
Author: Business-Ideas' moderator
More postings from 'moderator'
Posting reviewed by: 1824 users
Country of business: whole world Published on: 16 January 2008
Region of business: any Posting ID: 2518
Business Sector: energy Image: neighbourhood energy management
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"ENERGY" TAGS

perpetual motion machine
fossil fuels
non fossil fuel heating
oil heating
solar technology
wind turbine generator
vertical axis wind turbine

THREADS

Renewable energy management in neighbourhood  by moderator , 16/01/2008 , 1824 Picture in the Posting , No Credits needed to contact the author
Renewable energy management in neighbourhood  by dewokat , 17/01/2008 , 372, 3 Credits needed to contact the author
Renewable energy management in neighbourhood  by moderator , 17/01/2008 , 513, 3 Credits needed to contact the author

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