Global Home Energy Management Systems Products Market

17 Oct 2011 • by Natalie Aster

New York – Home energy management systems (HEMS) products are fostering an era of sustained household energy efficiency during a time when many countries are improving their electric grid infrastructure. Consumers, however, have been generally reluctant to purchase HEMS products to monitor and reduce their energy consumption and lower their monthly electric costs. Moreover, many electric utilities are less than eager to develop energy programs and incentives for customers to use HEMS products. HEMS products manufacturers, meanwhile, have been caught in the middle of fluctuating consumer demand and the recent volatility among competitive technology suppliers. The HEMS products development landscape,SBI Energy believes, will likely flourish through 2020 as many niche suppliers of products in communications infrastructure, smart metering, and in-home energy interfaces begin to establish a stronger presence in the marketplace.

Report Details:

Global Home Energy Management Systems Products Market
Date: October 2011
Pages: 148
Price: US$ 4,950.00

Report Sample Abstract

The main objective of the Smart-A project is to identify and evaluate the potential synergies that arise from coordinating energy demand of domestic appliances with local sustainable energy generation but also with the requirements of regional load management in electricity networks. The Smart-A project activities are broken-down into several thematic groups.

The Smart-A project has examined the suitability of electric domestic appliances for Demand Response activities in the context of high shares of renewable energy. This is intended as a contribution to expanding the scope of demand-side load management beyond the industrial and commercial applications, and some electric storage heating, which are currently being used for leveling out demand peaks and filling load valleys. The Smart-A project outlines a concept of how domestic appliances can be connected to an intelligent management of electricity systems. The project uncovered several possibilities of how Smart Appliances can be used for load management in electricity systems. These options are categorized as follows:

  • Scheduling of Smart Appliance operation: Smart Appliances are used to match the expected load and the scheduled generation in a balancing group, and are used as a resource in the load scheduling process.
  • Electricity network balancing: Smart Appliances are kept as a resource for shortterm system balancing. The system operator acquires resources for positive and negative system balancing power. Smart Appliances are competing with other balancing power resources, such as the regulation of part-loaded conventional power plants, pumped hydro power, other forms of storage technologies for electricity.
  • Electricity network congestion management: Smart Appliances are used to manage the technical limitations of electricity networks. For instance, if there is an area supplied by weak lines, Smart Appliances can be used to reduce peak demand in this area.

In certain European countries such as Italy, there is little available research concerning demand control energy benefits of smart appliances. Consumers have been reluctant to adopt household devices that monitor their electricity use.

More information can be found in the report “Global Home Energy Management Systems Products Market” by SBI.

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