Luminous Tech
Luminous Tech
Problem Statement:
Households and businesses with Do You Know?
photovoltaic panels face high energy The efficiency of solar
costs due to inefficient usage patterns panels has improved
and peak-time tariffs. Manual dramatically in recent
monitoring and poor integration with years, from an average
smart devices lead to underutilized of around 15%
solar energy. Accurate forecasting conversion of sunlight
and real-time optimization are needed to usable energy to
for better efficiency and savings. around 20%.
According to the IEA, tripling the Global Renewable Energy Capacity, and
doubling energy efficiency are crucial to limiting the average temperature rise to
1.5 degrees Celsius, a political target set in 2015 to prevent further worsening of
Climate Impacts.
Optimizing Photovoltaic Power Usage with AI-Enhanced Management
Existing System: Proposed System:
High Energy Costs: Users face steep
electricity bills due to peak-time energy Driven Optimization:
usage.
Predictive Analytics (PyTorch) forecasts energy consumption and
solar production.
Manual Monitoring: Energy usage and
tariffs are tracked manually, leading to Real-Time Monitoring fetches and displays electricity tariffs.
inefficiencies.
Smart Scheduling:
Underutilized Solar Energy: Solar power Heuristic Algorithms automate appliance use during low-tariff
isn't optimally used or stored, wasting periods.
potential. IoT Integration allows seamless control of smart home devices.
Limited Smart Integration: Lack of Solar Energy Management:
integration with smart home devices hampers
automation. Dynamic Programming optimizes battery storage and usage.
Real-Time Tracking monitors solar production and usage.
Inaccurate Forecasting: Traditional
methods fail to accurately predict energy User Engagement:
consumption and solar production. Push Notifications alert for tariff changes and optimal usage times.
FEASABILITY: Blessed with about 300 sunny days annually Detailed Reports provide comprehensive energy usage and
cost-saving insights.
and an average solar radiation of 4-7 kWh/m²/day, India's solar
potential is among the highest globally. To put this into Cost-Benefit Analysis:
perspective, if just 1% of India's land area were covered with Statistical Models calculate potential savings and historical
performance..
solar panels at 15% efficiency, it could generate over 1,000 GW
of power.