Grant: Applied Research and Development Grants - Level 2
Lambton College of Applied Arts and Technology
$75,000.00
Development of Artificial Intelligence (A.I.) Based Energy Management System (EMS) Software
FY 2021-22
Summary
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.
Program
Applied Research and Development Grants - Level 2
Location
Ontario, Canada
Recipient Type
Academia
Type
Grant
Source
NSERC's Awards Data
As published
Application id
558296-2020
Name nom
Sheikhzadeh, Mehdi
Department département
Head Office
Organization id
26621
Institution établissement
Lambton College of Applied Arts and Technology
Province en
Ontario
Province fr
Ontario
Country en
CANADA
Country fr
CANADA
Fiscal year exercice financier
2021
Competition year année de concours
2020
Award amount
75000
Program id
CARD2
Program name en
Applied Research and Development Grants - Level 2
Program name fr
Subventions de recherche et développement appliquée - niveau 2
Group en
Research partnerships programs
Group fr
Programmes de partenariat
Committee code
1561
Committee name en
Applied Research and Development Grants
Committee name fr
Subventions de recherche et développement appliquée
Area of application code
802
Area of application group en
Information and communication services
Area of application group fr
Services d'information et de télécommunications
Area of application en
Information systems and technology
Area of application fr
Systèmes d'information et technologie de l'information
Research subject code
2705
Research subject group en
Information technology
Research subject group fr
Technologie de l'information
Research subject en
Software and development
Research subject fr
Logiciels et développement
Installment
inst:1
Partie
1
Nb partie
1
Application title
Development of Artificial Intelligence (A.I.) Based Energy Management System (EMS) Software
Keyword
NSERC
Application summary
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.
