Johnson Controls Tyco IP Holdings LLP

Akib Islam

Ankur Thareja

Sachin Yashwant Pate

Amandeep Singh Johar

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.

Growing community of inventors

Dhubri, India

Akib Islam