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How Home Energy will change over the next decade - a consumer perspective


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Pilgrim Beart's talk to Cambridge Network, September 2010

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How Home Energy will change over the next decade - a consumer perspective

  1. 1. How Home Energy will change over the next decade A consumer perspective Cambridge, September 2010
  2. 2. UK Home Energy Today <ul><li>Consumer: </li></ul><ul><li>Doesn’t think about energy </li></ul><ul><ul><li>Reliable supply </li></ul></ul><ul><li>£1200/year average energy bill </li></ul><ul><ul><li>9% of disposable income </li></ul></ul><ul><li>… and zero visibility into where that money is going </li></ul><ul><ul><li>In same category as the mortgage/rent </li></ul></ul><ul><li>A choice of energy supplier (but they’re all the same) </li></ul><ul><li>Home is “dumb” – nothing connected </li></ul><ul><li>Government: </li></ul><ul><li>30% of all energy consumed in homes. </li></ul><ul><li>Legal requirement to sharply reduce carbon </li></ul><ul><li>Renewables not coming on stream fast-enough </li></ul><ul><li>UK becoming a large net importer of energy (energy security issues) </li></ul><ul><li>Utilities: </li></ul><ul><li>Forced to sell less energy </li></ul><ul><li>Energy retail increasingly a low-margin commodity </li></ul><ul><li>Need differentiation, other sources of revenue </li></ul>
  3. 3. A taste of the future Electricity + Gas + Microgen
  4. 4. A taste of the future (2)
  5. 5. UK Home Energy in 2020 <ul><li>Consumer: </li></ul><ul><li>Thinks of energy services like other home services: </li></ul><ul><ul><li>(Broadband, TV, mobile, …) </li></ul></ul><ul><ul><li>Energy a part of broad service “bundle” from many providers </li></ul></ul><ul><ul><li>Added-value energy services (e.g. e-commerce, switching etc.) available from many providers </li></ul></ul><ul><li>Has a Smart Meter (with Time of Use tariff & maybe DR) </li></ul><ul><ul><li>(and hopefully free access to the data from it) </li></ul></ul><ul><li>Has several HANs (WiFi + others), some white goods on </li></ul><ul><li>Is one of the 5%(?) with microgen (PV, thermal, CHP) </li></ul><ul><li>Is one of the 5%(?) using an (PH)EV (= 3 houses!) </li></ul><ul><li>Home energy more complex, more expensive (+60%?) </li></ul><ul><li>Creative consumer-oriented service business models, e.g. </li></ul><ul><ul><li>Advice showing where energy spent, help budgeting & reducing </li></ul></ul><ul><ul><li>ESCO </li></ul></ul><ul><ul><li>“ Buy this fridge and get its first year of energy free” </li></ul></ul><ul><ul><li>C2C energy trading?! </li></ul></ul>
  6. 6. Thanks for listening