Development of Artificial Intelligence (A.I.) Based Energy Management System (EMS) Software

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TROES Corp. is a Canadian-based, advanced battery energy storage company that specializes in smart distributed energy storage solutions. Primarily, TROES develops, designs, manufactures and delivers high-performance, rigorously tested innovative Artificial Intelligence (AI) based IoT and cloud-based energy storage systems to industrial, commercial, and institutional sectors. TROES is quickly advancing in the industry with the development of a cloud-based Energy Management System (EMS) software that is successfully running live with various useful energy monitoring features and functions. However, given that accurate forecasting of electricity demand is critical to decision-makers in order to effectively manage energy systems, continued research on the integration of AI is required. The collaborative project with Lambton College will focus on developing a complete Artificial Intelligence (AI) based Energy Management System (EMS) software for Battery Energy Storage System (BESS). This software will be able to remotely monitor multiple battery systems, read all information and store information in cloud-based servers, and forecast load to then make the decision on how to charge or discharge the battery system ensuring the highest economic profit for end-users. This will be accomplished by investigating the implementation of electricity demand forecast solutions and utilizing the collected data from monitoring to improve the system State of Charge (SOC) estimate method. This is a recognized problem in the industry and therefore, by increasing the accuracy of SOC, the system can avoid over-usage of battery and maintain the battery life cycle for a longer period of time. Overall, the goal is to provide clients with increased performance on the battery energy storage systems as well as to remotely monitor and troubleshoot TROES battery system in various countries. With increased revenue by 30% it is estimated that an additional five full-time employment positions over three years will be created. As well, this will have a lasting positive impact on the environment as TROES batteries can be efficiently charged by grid power or by renewable energy sources, which, in turn, would reduce carbon dioxide emissions.