Since initial reports were published on the development of the smart grid, it
has become increasingly clear that conventional wisdom is being challenged by
new entrants. At first sight, this appeared to be alternative suppliers
providing the same services as major suppliers. However, it is argued here,
evidence is growing that suppliers are actually promoting a wholly alternative
Features and benefits
- Overview of the “standard narrative” in respect of home energy
- Review of HEMS developments on a region-by-region basis and comparison of
- Factors impeding development of the vision.
- Disruptive factors - specifically, the development of cloud services in
- Alternative frameworks for the development of home energy management
systems; likely providers.
The development of home energy management systems is highly variable by
region, in large part due to the different start points of various economies.
Further development will continue to reflect this, with economies such as
China focused on infrastructure development and the US and OECD more concerned
with the dissemination of smart appliances.
Different countries are also promoting a range of different political
strategies in an effort to help their industries to strategic dominance in
this area: Japan is one of the most interventionist nations in this respect.
Development of smart grid in general and HEMS in particular is creating a need
for a range of new niche service providers (data management, security,
control, and networking systems), and these are frequently being provided by
new and smaller entrants to the marketplace.
Your key questions answered
- What is the current vision for HEMS development globally?
- How is this playing out on a region-by-region basis, and how are
individual nations adapting their political strategies to create business
- What are the main obstacles to business development in this area?
- Which are the key “interlopers” and disruptive influences
(e.g. cloud services)?
- What are the key concerns of consumers?