A Home Energy Management System refers to any product or service that monitors, controls or analyzes energy in the home. With the advent of smart home technologies, home energy management becomes more automated and connected and has the potential to reduce energy consumption. As IoT becomes more ubiquitous, personal devices proliferate and new technologies come online, consumers are more aware and more actively participating in the management of their personal behavior and energy use patterns. The potential for better energy management and energy savings is becoming more and more apparent with better integration of smart home devices and connectivity. This presentation gives an overview of the smart home and energy management landscape and market trends.

1. Prepared by Emilie Jessula, Business Development Manager
For PRIME Paris Region International Mission Enterprise
May 2015
How Smart Home can fuel
Energy Management?

2. Smart Home
and Energy
Management

3. Home Energy Management…
• Home energy use depends on
• Building envelope
• Intelligent management systems
• Occupant behavior
• Home Energy Management = any product or service that monitors,
controls, or analyzes energy in the home
• Global revenue from HEM systems will grow from $586.9 million in
2013 to $2.4 billion in 2023 (Navigant Research)

4. …will become smarter

5. Smart Home Automation
• Smart Home technologies have the ability to control and adapt to
internal and external environmental variables and take action with or
without occupant intervention
• Smart home technologies have the potential to curb energy
consumption by controlling
• Indoor temperature
• Lighting
• Heating and ventilation (HVAC)
• Appliances
• etc

6. Market Drivers
Security is
top reason
for home
automation
Nonetheless, 78% of respondents ranked Energy Management as top features
for smart home

7. Market Trends
• 85% of consumers took energy-saving actions in the past year
• 10% of U.S. broadband households already own a smart energy
device
• only 14% of U.S. broadband households are currently familiar with
energy management products
• 10 million smart thermostats, plugs, power strips and lights were sold
last year, valued at $850 million. By 2017, the market will nearly
double to 19 million products worth $1.6 billion
• 45% of all U.S. households will be served by smart meters by the end
of 2015, but only 10% of them will be 2-way communication enabled
Source: Park Associates

8. Opportunities for Energy Savings
• Consumers could reduce energy usage by 10-30% using
schedules and temperature settings of programmable
thermostats.
• Since October 2011, Nest customers have saved more
than 1.4bn kilowatt-hours, enough electricity to power more
than 135,000 US homes for a year.
• But based on a household’s total gas and electricity, energy was
reduced by only 2-8%

9. Barriers & Challenges
• Consumer behavior
• Lack of consumer awareness
• High implementation costs
• Complicated installation
• Data security and privacy
• Lack of interactive connection with the
energy grid
• State regulation

10. Technology Landscape
Customer Engagement Customer Analytics App
Home IoT software platform
Gateway
Home Hardware
Data management
Service Providers
For full landscape see: Greentech Media Research, Energy in the Connected Home

11. Outlook
• Mobile and internet will play a more important role
• Collaboration and cross-industry efforts will be crucial
• Modernization of the energy grid

12. About PRIME & French Tech Hub
PRIME is a transatlantic innovation platform
promoting the Paris region as a center of innovation
and engaging in activities to encourage and
incentivize American companies and organizations
to invest in the Paris region.
PRIME is a subsidiary of the Paris Region Entreprises
French Tech Hub serves as the U.S. Hub for
entrepreneurial and innovative French companies.
We provide custom-tailored services to help our
clients strategize, launch, expand, and achieve their
business potential.
For more info,
contact Marie-Perrine Durot
marie-perrine.durot@parisregionentreprises.org
For more info,
contact Marie Buhot-Launay
marie.buhotlaunay@frenchtechhub.com