Revolutionizing Energy Management: Hive Power and Haier Europe

August 9, 2024
Kwick Chooses Hive Power to Manage Energy Communities

In a world where energy prices are fluctuating and the push towards renewable energy is stronger than ever, innovative solutions are crucial to ensure efficient energy consumption and management. Hive Power, a leading supplier of innovative solutions for smart grids, has partnered with Haier Europe to revolutionise the way we manage and consume energy within energy communities.

The Growing Importance of Smart Energy Management

As energy prices remain high, the need to balance energy demand and production is more critical than ever. Time-of-Use (ToU) rates are becoming widespread, providing variable rates based on the time slot according to the user's needs while keeping the public network load low. This approach is particularly important as non-programmable renewable sources, like solar and wind, become more prevalent.

The Role of AI and Smart Appliances

Haier Europe, a leader in connected appliances, is leveraging artificial intelligence (AI) and their hOn app to make energy consumption more efficient and cost-effective. With appliances that can save up to 75% energy compared to older models, Haier Europe is setting new standards in energy efficiency. For instance, a modern A-class dishwasher can save a family up to €250 per year compared to older D-class models, especially under current high energy costs.By connecting appliances to home Wi-Fi through the hOn app, consumers receive alerts about maintenance needs and can optimize the operation of their appliances to save up to 20% energy. Integration with weather services and smart scheduling further enhances these savings by aligning appliance use with off-peak energy times and avoiding grid overloads.

Hive Power's Impact on Energy Communities

Hive Power's partnership with Haier Europe takes smart energy management to the next level by integrating their solutions within energy communities. These communities focus on the production, sharing, and collective consumption of renewable energy, providing environmental, financial, and social benefits.Through the European Horizon project, Hive Power and Haier Europe are installing connected smart appliances that can be remotely controlled to enhance local consumption of renewable energy. These appliances, managed via the hOn app and home Wi-Fi, allow for efficient energy use and reduce reliance on the public grid.

Future Innovations and Savings

Haier Europe is also working on automating the integration of ToU rates into the hOn app, in collaboration with energy retailers like Edison. This innovation will allow appliances to operate based on real-time energy prices, providing further savings for consumers. In some European countries, pilot tests are being conducted to offer flexible grid services, reducing overloads and distribution costs. Customers who participate will be rewarded with bill savings, promoting a more engaged and energy-conscious consumer base.

Conclusion

The collaboration between Hive Power and Haier Europe exemplifies the potential of smart energy management within energy communities. By leveraging AI, connected appliances, and innovative business models, they are paving the way for a sustainable and efficient energy future. This partnership not only helps consumers save on their energy bills but also supports the broader goal of integrating renewable energy into our daily lives, creating a more resilient and sustainable energy system.

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