Energy management in retail

How retail and logistics companies can use AI to reduce both CO₂ emissions and costs.

A holistic approach for maximum energy efficiency

Energy efficiency is playing an increasingly vital role in retail. Retail and logistics companies have set themselves the goal to reduce CO₂ emissions and make their operations more climate-friendly. In the wake of rising energy costs and the pricing of greenhouse-gas emissions, they are also facing increased cost pressure, along with growing customer demand for sustainability and ambitious EU directives on the development of e-charging infrastructure. Measures such as renewable self-generating facilities, adjustments in energy procurement, and optimization of current energy use can help to address these issues. The challenge, however, is that these measures also increase the level of complexity, an issue that IT applications are yet to fully resolve.

The foundation for a holistic approach to energy management lies in the connectivity of all energy sources and consumption points. It allows retail and logistics companies to optimize energy flows in their stores and warehouses. It also helps to offset fluctuations in the generation of power from renewable, partly self-generated sources of energy in the best possible way. Moreover, it helps identify and manage flexibilities and load peaks in cooling processes, e-charging infrastructure, and building technology with the aim of using them to lower energy costs and CO₂ emissions.

Benefits at a glance

  • Detailed insights on energy consumption and energy generation, which form the basis for optimization and cost efficiency.
  • Broader service offer and increased reputation and revenue through peak shaving when the use of e-vehicles causes loads to spike.
  • Optimization of energy procurement and the reduction of CO₂ emissions with the use of flexibilities.

How retailers can profit from a holistic approach to energy management

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Optimal use of resources

Retailers can maximize the consumption of local, self-generated renewable energy and smooth spikes in demand with the help of dynamic, weather-based generation forecasting.

Incorporating e-vehicles

Shave peaks caused by e-vehicles through the optimization of charging processes in line with shift schedules, logistics committments, and number of customers.

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Use and commercialization of flexibilities

Retailers can use flexibilities with maximum energy efficieny in refrigeration chains, in heating, and in ventilation, for example. Accurate consumption forecasts help grid operators with energy procurement optimization.

How retailers can extract the maximum potential from IoT

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Our solution: Balancing Energy Network

As a rule, conventional energy management solutions are used to aggregate and display energy-related data, which is then analyzed manually. By contrast, the Balancing Energy Network is a smart energy management system that uses artificial intelligence (AI) not only to analyze the flow of power but also to control the power consumption of production machinery on the basis of dependable generating and load forecasts.

With the Balancing Energy Network from Bosch.IO, retail and logistics companies can reduce their CO₂ emissions and energy costs while tapping the full potential of energy efficiency in building technology, in logistics, and in stores. And they can achieve this without losing sight of their business goals. Given the existing volatilities in power generation, companies can defer part of their energy consumption to periods when self-generated, green power is available in sufficient or surplus quantities. This new solution also considers factors such as meteorological data and shift plans in order to draw up enhanced production schedules. In addition, load forecasts provide information about future energy requirements and thus create optimal conditions for the purchase of power.

Alongside reducing the cost of power drawn from the grid, the Balancing Energy Network also helps reduce the CO2 emissions generated by companies. By connecting the solution to a heating supply or charging infrastructure for electric vehicles, they can improve their energy efficiency even further.