"Smart Energy Summit" articles

Rising cost of living has made households more sensitive to energy cost. This has been accompanied by increasing energy demand from existing energy infrastructures most of which are old and dilapidated. Demand response (DR) programs have been designed to ensure sustainable energy supply using existing infrastructures. Natural disasters associated with climate change such as the 2021 winter storm in Texas has also contributed to the heightened concerns of consumers about the...
 
by Ekemini Usuah | Mar. 10, 2022
Tags: demand response, energy, Smart Energy Summit, smart home, thermostats
How Texas Saves $1 Billion in Energy Costs a Year: Optimal Load Shaping At the Smart Energy Summit 2022 in Frisco Texas hosted by Parks Associates, Robert Cruickshank from GRIDIoT gave an insightful presentation of how optimal load shaping (OLS) is the fastest way Texas can decarbonize the ERCOT grid and produce energy at the lowest cost. During the presentation, he noted Texas can quickly and efficiently decarbonize the grid (reducing carbon emissions by nearly 20...
Parks Associates’ Smart Energy Summit is excited to announce Zen Ecosystems as a sponsor of the upcoming event. Zen Ecosystems provides energy management solutions to businesses and consumers. Our Zen HQ platform integrates award-winning smart Zen Thermostats with an intuitive software platform that allows consumers and multi-site businesses to take control of energy costs. With such features as remote user lockouts, HVAC scheduling, smart demand management and lighting...
Parks Associates’ Smart Energy Summit is excited to announce SmartThings as a sponsor of the upcoming event. SmartThings is the premier technology enabling connected living and driving the future of IoT. Its open platform already supports thousands of devices across hundreds of brands and offers endless possibilities to innovators and developers seeking seamless connectivity in a vast IoT ecosystem. The company is committed to bringing simple, trusted smart...
Parks Associates recently published the Top 10 Connected Consumer Trends to Watch in 2022 , where my colleagues and I weigh in on the top consumer technology trends we will see in 2022. One trend we anticipate is an acceleration in competition among electric vehicle manufacturers; consumers can expect more choice in the months ahead. After watching Tesla experience the pros and cons of being an early-mover in the electric vehicle market, legacy auto-makers are pushing more...
 
by Chris White | Jan. 19, 2022
Tags: apps, connected cars, Smart Energy Summit
New announcements recently within the energy management industries continue to underscore the opportunities for new products and services to help reduce energy consumption.  Currently, only a modest percentage of broadband households report using renewable power, but Parks Associates research shows there is a widespread desire to use clean energy and a reasonably broad willingness to pay more for it. Over 40% of broadband households would prefer to live in a community-powered...
 
The smart home is a strong driver of residential energy efficiency. Smart thermostats and smart lighting are among the top adopted categories of smart home products, creating opportunities for utility energy efficiency and demand-response programs. New business models and technology provide opportunities to change the customer relationship and drive engagement and participation in energy management solutions leveraging connected devices in the home. Once overlap is accounted for,...
 
As part of Parks Associates’ connected home and smart energy research, the firm asks consumers about electric vehicles, and recent results showing an unchanged market year over year with 7% of broadband households having at least one electric vehicle, have aligned with general downturn in the automotive industry as adoption stalled in 2020. Parks Associates reports that only 15% of US broadband households indicate intentions to purchase an EV in 2021. Among consumers who do not...
 

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