from the mind to the meter: empowering consumer … the mind to the meter: empowering user...
TRANSCRIPT
$130B annual
energy savings
23% less
energy usage
per year
Source: McKinsey & Company, 2009
Adoption of energy efficient technology
leads to…
Residential market penetration remains low
http://www.grandviewresearch.com/industry-analysis/energy-management-systems-market
54%
20%
26%
% OF TOTAL ENERGY USE
Industrial Building Home
EM
S R
evenue (
US
D M
illio
n)
Management systems are not maximally effective
5
6.8%8.4% 9.2%
12.0%
35%
Enhanced
Billing
Estimated
Feedback
Daily/
Weekly
Feedback
Real-time
Feedback
premise
Real-time
Feedback
appliance
Real-time
Feedback
Appliance
Smart
Program
Design
3.8%
Annual %
Energ
y S
avin
gs
Ehrhardt-Martinez, K., Donnelly, K.A., and Laitner, J.A. 2010
Faruqui, A. and Sergici, S., 2009
Customer inaction driven by…
‣ Lack of understanding (of products/services)
‣ Lack of time (to shop or set up)
‣ Lack of money (to invest)
‣ Lack of relevance (to daily life)
6
Design a better system
Better feedback provides better results
7
6.8%8.4% 9.2%
12.0%
35%
Enhanced
Billing
Estimated
Feedback
Daily/
Weekly
Feedback
Real-time
Feedback
premise
Real-time
Feedback
appliance
Real-time
Feedback
Appliance
Smart
Program
Design
3.8%
Decreased Latency
Increased Personalization
Increased Granularity
Annual %
Energ
y S
avin
gs
Indirect Feedback Direct Feedback
Ehrhardt-Martinez, K., Donnelly, K.A., and Laitner, J.A. 2010
Faruqui, A. and Sergici, S., 2009
Fix the breakdown in information transfer
8
Icon made by Freepik from www.flaticon.com
Impact extends beyond the customer
9
Research OpportunitiesUser sensing
Open access data
BEMS adaptability
Icon made by Freepik from www.flaticon.com