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Analyzes the market, current and future deployments, and consumer preferences for energy management solutions

Purpose and Benefits

Parks Associates’ Residential Energy Management (REM) research project assesses the market for digital systems and services used to monitor, control, and manage electric energy in the home:

  • The best opportunities for products and services in residential energy management

  • Current and planned Smart Grid deployments

  • Market momentum of technologies employing emerging energy management solutions

  • Consumer interest in these solutions

  • Profiles of innovative companies and utilities in this sector

  • Government efforts to promote innovation and adoption
     

Key Topics

The project focuses on the products and services most likely to gain traction in the residential energy management market over the next five years.

  • Wireless controls; powerline controls

  • Remote monitoring and management services

  • In-home electricity consumption monitors

  • Communicating, programmable thermostats

  • Central control systems

  • Smart appliances

  • Smart meters

  • Home-area Networks

Research Categories


Manufacturing and Services

  • Companies addressing current opportunities in residential energy management

  • New technologies, systems, and services

  • Manufacturing plans and consumer preferences for smart appliances

Energy Saving Solutions for Consumers

  • Actions, services, and products in use to reduce energy usage

  • Purchase plans and key factors influencing adoption of energy monitoring and management systems

  • Intersection of current technology use with the planned roadmap for energy conservation tools

  • Consumer willingness to invest in energy management systems

Utility Goals and Advanced Metering

Infrastructures (AMI)

  • The extent of current smart meter and AMI deployments

  • Deployment plans for the next five years and the potential impact of the economic downturn

  • Status of the current standards debate and its impact on adoption

  • Identification and analysis of utilities’ primary and secondary drivers

Applicable History Lessons

  • Lessons learned from experiences in Europe, Asia, and other parts of the world

Deliverables


The REM project includes multiple components:

2010 Industry Reports

AMI Fact Book 4Q 2009

Forecasts for the Deployment of AMI and the Adoption of Energy-saving Products and Services — a report providing a roadmap of activity and anticipated offerings with a five-year forecast for consumer adoption of new services and products.

Residential Energy Management 2010: Trends and Opportunities

Home Area Networks: Analysis and Forecasts

AMI Fact Book: Installations, Plans, and Utility Viewpoints

2010 Consumer Segmentation and Topical Report

Residential Energy Management: Consumer Mindset & Segmentation

2010 Multiclient Study

Residential Energy Management: Consumer Motives, Actions and Intentions

2009 Industry Reports

Residential Energy Management: Company, Alliance and Technology Profiles — a reference book of industry initiatives, developments, and alliances.

AMI Fact Book — a catalog of current and future AMI and smart meter deployments in the U.S., with a regional breakdown. Includes interview summaries with utility executives and government officials. Updated biannually.

Energy Savings and Utility Activities Around the World — a report on activities by key utilities in Canada, Europe, and Asia.

2009 Multiclient Study

U.S. Household Energy Usage: Behaviors and Opportunities for Innovation — online survey of 1,500 U.S. households:

Survey Questionnaire — clients provide input on questionnaire design and can submit up to two survey questions.

Banner Tabs — cross-tabs each survey question against selected characteristics.

Resource Book — topline findings about current actions and equipment to reduce energy usage.

Bottom Line — analyses of the consumer survey, highlighting the opportunities and challenges in residential energy management.

Subscriptions Also Include...

Briefings by Webcast — for each research component

Analyst Inquiry — eight hours per year

Request More Information About This Project

Methodology


For this project, Parks Associates will gather information using a variety of sources:

  1. One-on-one interviews with principals in firms developing technologies, systems, and services targeting residential energy management.

  2. One-on-one interviews with utilities deploying or evaluating AMI and executives of selected meter manufacturers.

  3. Interviews with federal and local government bodies responsible for overseeing utilities, electricity pricing structures, and energy conservation programs.

Online surveys of consumers divided into two sample groups:

  1. Households with smart meters installed to determine their awareness, use, and interest in expanding the energy-saving features of smart meters

  2. Households without smart meters to determine their awareness, use, and interest in energy-saving systems and services

 

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