BUILDING MANAGEMENT SYSTEM WITH ENERGY OPTIMIZATION USING BLOCKCHAIN

• Main Authors: Islam, Akib, Pate, Sachin Yashwant, Johar, Amandeep Singh, Thareja, Ankur
• Format: Patent
• Language: English
• Published: 27.08.2020
• Subjects: CALCULATING; CIRCUIT ARRANGEMENTS OR SYSTEMS FOR SUPPLYING OR DISTRIBUTINGELECTRIC POWER; COMPUTING; CONVERSION OR DISTRIBUTION OF ELECTRIC POWER; COUNTING; DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES; ELECTRIC COMMUNICATION TECHNIQUE; ELECTRICITY; GENERATION; PHYSICS; SYSTEMS FOR STORING ELECTRIC ENERGY; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR; TRANSMISSION OF DIGITAL INFORMATION, e.g. TELEGRAPHICCOMMUNICATION

A building management system is communicably connected to an energy blockchain network to reduce energy costs of a building. The system includes an energy load balancer to distribute energy from a plurality of energy suppliers to power a load in the building, a processor, and memory storing instructions that causes the processor to: monitor energy pricing data from each of the energy suppliers; calculate a balanced load payload corresponding to an energy demand forecast for the building according to the energy pricing data from the energy suppliers; generate a smart contract corresponding to the balanced load payload in blocks of the energy blockchain network to procure energy from corresponding ones of the energy suppliers; and generate load balancing instructions for the energy load balancer based on the smart contract. The energy load balancer switches between the corresponding ones of the energy suppliers according to the load balancing instructions.