The current Home Energy Management Systems (HEMS) market was valued at $1.5 billion in 2013, and includes utility residential demand response (DR), connected home subscriptions, software services and associated hardware. The top two leading home automation companies combined already have over 2 million customers, demonstrating the HEMS market’s remarkable potential. New companies have entered the arena, hungry for the next set of opportunities revolving around software and bundled service solutions, and the market has expanded in its scope of offerings.
Already energy efficient systems for houses are beginning to become smarter. Combining energy monitoring and management with an area network and home control will surely increase efficiencies. The North American Region is expected to be the prime market for Home Energy Management Systems in terms of revenue contribution.
Home Energy Management: Improving the Quality of Life with Increased Efficiency, Reduced Costs and Overall Customer Satisfaction in Sacramento, CA, August 6-8 2014 will explore the continued desire among customers to reduce bills, regulatory mandates for greater efficiency, wider use of variable pricing schemes, and a strong green sentiment helping drive HEMS adoption forward. Attendees can also expect to explore new HEMS product offerings and technologies that are more desirable for customers and cost effective ways to acquire them.
Discover the living laboratory unveiling the latest in HEMS technology innovations
Unveiled in March, Honda Smart Home is an advanced zero net energy residence located on the West Village campus of the University of California, Davis. The home is capable of producing enough electricity on-site from renewable sources annually to meet all its electricity needs, including enough energy to power a Honda Fit EV for daily commuting.
Electricity generated from a 9.5kW solar photovoltaic (PV) array mounted on the roof is intelligently distributed throughout the home’s microgrid by a home energy management system (HEMS) developed and deployed in this project for the first time. Honda’s HEMS monitors, controls and optimizes electrical generation and consumption, while automatically responding to demand response signals and providing other services that improve grid reliability.
In the ground beneath Honda Smart Home’s backyard, eight 20-foot deep boreholes allow ground-source heat pump to harness the earth’s relatively stable thermal sink to provide radiant heating and cooling through the home’s floors and ceiling. The LED lighting used exclusively throughout home is not only five times more energy-efficient than conventional lighting; it is also designed to support the health and wellness of the home’s occupants by emitting hues throughout the day that support the body’s circadian rhythms.
The project achieves more than 11 tons of CO2 reduction per year relative to a conventional home and vehicle, and surpasses California’s 2020 target for zero net energy residential construction. In addition to showcasing Honda’s vision for sustainable, zero-carbon living and personal mobility, the home will function as a living laboratory where the company, along with researchers from UC Davis and Pacific Gas and Electric, will evaluate new technologies and business opportunities at the intersection of transportation, energy and the environment.
ABI Research, established in 1990, is a market intelligence company specializing in global technology markets. Our unique blend of quantitative forecasting and trend analysis helps us to quantify the important markets of today, define the strategic technologies of tomorrow, and provide insight on how technology is adopted into vertical markets.
Our clients rely on our services to uncover key market metrics and trends that are compiled through a combination of hundreds of comprehensive stakeholder interviews per year, technical intelligence from teardowns, years of collective market experience, vendor contributed data and end user research.
The Continental Automated Buildings Association (CABA) is an international not-for-profit industry association dedicated to the advancement of intelligent home and intelligent building technologies. CABA’s mandate includes providing its members with networking and market research opportunities. CABA also encourages the development of industry standards and protocols, and leads cross-industry initiatives. The organization is supported by an international membership of nearly 300 companies involved in the design, manufacture, installation and retailing of products relating to home automation and building automation. Public organizations, including utilities and government are also members. The organization was originally founded in 1988 and celebrated its 25th anniversary in 2013.
enerG Magazine, now in its 9th year, delivers the big picture and bright future of alternative energy in North America—be part of that future now! Reaching more than 25,000 decision-makers in energy and related businesses, enerG covers all areas of alternative energy, including wind, solar, biomass, geothermal and biofuels.
Energy Efficiency Markets is the largest independent website and newsletter focused on the $574 Billion energy efficiency industry. Elisa Wood, Lisa Cohn offer in-depth news and analysis on the trends, policies and technologies that impact energy efficiency programs.
Greentech Media produces industry-leading news, research, and conferences in the business-to-business greentech market. Our coverage areas include solar, grid modernization, energy efficiency, wind, and other non-incumbent energy markets. GTM Research, the research arm of the company, produces competitive intelligence reports, data subscriptions, and strategic consulting. Using our extensive network and in-depth analysis, GTM hosts conferences for in-person networking and deal-making.
Navigant Research is a market research and consulting team that provides in-depth analysis of global clean technology markets. The team’s research methodology combines supply-side industry analysis, end-user primary research and demand assessment, and deep examination of technology trends to provide a comprehensive view of these industry sectors.
Founded in 1996, Northeast Energy Efficiency Partnerships (NEEP) is a non-profit regional energy efficiency organization. NEEP’s mission is to serve the Northeast and Mid-Atlantic to accelerate energy efficiency in the building sector through public policy, program strategies and education. Our vision is that the region will fully embrace energy efficiency as a cornerstone of sustainable energy policy to help achieve a cleaner environment and a more reliable and affordable energy system. Through advocacy, collaboration and education, our unique approach helps bring together stakeholders to accelerate energy efficiency and highlight its impacts on the region, the economy, and the planet.
Open Automated Demand Response (OpenADR) is an open and standardized way for electricity providers and system operators to communicate DR signals with each other and with their customers using a common language over any existing IP-based communications network, such as the Internet. As the most comprehensive standard for Automated Demand Response, OpenADR has achieved widespread support throughout the industry.
The OpenADR Alliance was formed by industry stakeholders to foster the development, adoption and compliance of the Open Automated Demand Response (OpenADR) Smart Grid standard utilizing existing standards from OASIS, UCA and NAESB.
Peak Load Management Alliance (PLMA) is a non-profit organization founded in 1999 as the national voice of demand response. It is a community of experts and practitioners dedicated to sharing knowledge, education and providing resources and expertise to advance the demand response marketplace.
Smart Grid Today’s mission is to deliver daily, unbiased, comprehensive and original reporting on emerging trends, applications and policies driving the modern utility industry — in a signature format our founders have developed over 40 years in the trade news business, featuringhighly concise and easy-to-understand news copy based on trusted reporting,exclusive interviews, informed analysis and strategic insights that our subscribers rely on to succeed every business day.
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Formed in 2009, the USNAP Alliance is responsible for promotion, marketing, and testing and certification for the CEA-2045 Modular Communication Interface (MCI). The MCI allows a wide range of products (from simple on-off devices to distributed generation and storage resources) to communicate with other systems in the home, and with Utility Smart Grid systems. Rather than developing multiple product designs for specific communications architectures, incorporating an MCI into the design allows for hot-swappable modules to handle establishing and mediating communications between the product and other systems. Modules are available for a wide variety of network architectures, and more are in development.