Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

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

746 views

Published on

Pilgrim Beart's talk to Cambridge Network, September 2010

Published in: Technology, Business
  • Be the first to comment

  • Be the first to like this

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

×