The success of one technology often feeds another. For example, renewable power and energy storage have each other to thank, in many respects, for their combined rising popularity. Storage helps meet the needs of renewables, and their growth, in turn, increases the demand for more storage.
The market for light-emitting diode (LED) products and technology is more attractive than ever because of energy-conservation concerns and lower maintenance costs. Until now the cost wasn’t attractive enough for broad appeal.
As I wrote in Part I of this article: “There is no such thing as a new $5,000 Rolls-Royce. If you want the quality, the engineering and the performance, you need to pay for it. Good intelligent infrastructure is no different.”
Imagine a home where security cameras can distinguish between a dog, person and car and then alert you on your smartphone. Or, envision cameras in your refrigerator that enable you to check food inventory while grocery shopping.
The family home. It might be an apartment, a condo, a townhouse or a detached, single-family home. Or a mansion. We don’t know your life, but most of us live somewhere with lights, appliances and a TV (or two), and someone has to keep all of that functioning.
The art and science of using video to confirm the status of alarms detected at a protected premises continues to improve with affordable technology and an updated standard set for release as early as the end of this month.
If the cost of five minutes of downtime is $450,000,000,000, then spending another $4,000,000,000 to decrease it to an average of two minutes a year is a bargain. The cost/benefit analysis is clear.
(Editor's Note: For part 1 in this series, click here.)
As projects become more complex, electrical contractors need high-tech management methods to ensure more efficient results. Here are just a few examples to help you get headed in the right direction.
Energy storage is indispensable to renewable power’s success. Increasingly, it is also becoming a prominent feature in the appeal of electric vehicles. Storage works at the wholesale and retail levels by facilitating grid stabilization and home energy management.
The global plug-in electric vehicle (PEV) charging market is closely tied to the state of PEV sales and is entering a phase where electrical vehicle supply equipment (EVSE) is becoming a commodity, according to Navigant Research.