Energy is a key resource every society.It is required to operate our household appliances as well as to power our production machines in factories .The global energy consumption (electrical) is estimated to be about 20,000 TWh. Average cost is estimated to be 0.14 USD/KWh, thus making it a multi-trillion dollar industry(1,2). The growth in the population of the world and industries have generally caused an increase in the global demand for electrical energy. More fossil fuels are being burned now than never before.There are growth in alternative sources of energy such as Solar energy/panels, wind turbines etc.These are cleaner sources of energy and they are great additions. Some limitations however include the fact that they are weather-dependent and are as such open to wide fluctuations in outputs. Such fluctuations come at an even bigger price when they are fully integrated into the Energy/Power Grid.It causes the problem of Grid Stability which can drastically reduce the efficiency and life span of the Power Grid and thus the cost of electrical power generation.It is estimated that the cost of keeping the Grid stable can be as high as 30 percent of the cost of electrical power on the final consumer.(The other two major factors are Distribution cost and Production cost)
Further down the electrical energy “value-chain’’ are the consumers of electricity.It is difficult to predict their consumption pattern.Historical data for consumption are very dynamic and often unpredictable.Consumers do not say what quantity of electricity they will be consuming and when they will be consuming it.There will be periods of peak demand and periods of low demands.This further compounds the earlier stated problem of Grid stability.Excess production matched with low demand or low production output matched with peaked demand. And there are no known cost-effective storage mechanism for large amount of electrical energy. Wastages is then bound to occur in addition- especially in absence of accurate and dynamic data from consumers.
The Robotina Platform: Saving cost on electrical bills and more efficient energy ecosystem.
Robotina platform is a state-of-the-art technology that integrates the use of Artificial Intelligence AI,Internet of Things IoT and the blockchain to help optimize energy usage and bills.It is a platform being developed by two teams top researchers in the electrical energy industry with seven patented products for the electrical industry.One of the patent product of Robotina is the Energy Management Service (EMS) hardware.The EMS device is a smart Internet of Things (IoT) device that senses the energy consumption and and behaviour of electricity appliances.It switches off your appliances automatically when not in use so as to conserve consumption and save you cost.For example,turning off your boiler intermittently at the same time keep it at desired temperature.
Robotina seeks to reduces electrical energy consumption, reduces wastages and optimizes the functioning of the entire electricity grid by monitoring and controlling real-time consumption and distribution. Robotina platform manages the EMS hardware,collects and processes energy-use data from platform subscribers. Energy-use data are of prime importance to network operators or electric energy producers in making production and distribution budgets estimates.Better data from consumers is key ingredient in managing Grid Stability and as such reduces wastages.There may not be need to burn too much fossil fuels if there are accurate data for what is needed or if Grid are functioning more efficiently.
How do I benefit from Robotina platform and why Invest
Below are simplifies steps to accessing the platform
1.Installation of the the EMS hardware
__2.Connection of the EMS device with the Robotina Platform.__It helps control your consumption and save up to 30 percent of your electricity bills
__4.Automated data collection and processing by the Robotina Smart Grid platform.__This is done by the AI component of the platform.It optimizes your energy cost( based on various data collected )and also records historical pattern from your consumption.
__5.Extra benefits :__as members of the platform benefits from all transactions on the platform ,they may include group purchases with better negotiations, aggregated data sales, power purchases ,crowd financing etc.
Robotina Utility token (ROX) which can be used to pay for all transactions/purchases in the ecosystem.It comes with special discounts.
Token Sales
Sales of the Robotina Utility Token ROX are contained below
Phase 1: Pre-Sale
Start: 21. 02. 2018 at 15:00 CET | Finish: 21. 03. 2018 at 14.59 CET
Hard Cap: $15.5 M| Bonus: 10 %
Phase 2: Initial Coin Offering (ICO)
Start: 21. 03. 2018 at 15:00 CET | Finish: 30. 04. 2018 at 14.59 CET until Hard Cap
Total Hard Cap: $28.5 M | Bonus1: 5 % first $7 M | Bonus2: 0% last $6 M
Find out more at:
https://www.robotinaico.com
White paper: https://www.robotinaico.com/documents/Robotina_WP.pdf
https://medium.com/@robotinaico
Written by Idex(Username)
(https://steemit.com/@idex)
References
Enerdata. (2018). Global Energy Statistical Yearbook 2017. Accessed at: https://yearbook.enerdata.net/electricity/electricity-domestic-consumption-data.html
Zupančič, D. (2018). Robotina and Josef Stefan Institute. Accessed at: https://www.ijs.si/ijsw/V001/JSI