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Market challenges and opportunities for smart home devices and services

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This paper explores some of the challenges and opportunities for the market for smart home devices and services. As energy data becomes more detailed and easier to access and analyse, disruptive technologies and services are emerging that will improve the energy efficiency and the value of buildings. They will also enable more flexible management of energy supply and use, to shift load to times when power is more plentiful. This is necessary for a decarbonised energy system with less baseload and more intermittent renewable generation. Consumers need good advice to navigate this new market, which will bring about radical changes in the way people use and pay for their energy. New smart technologies will be of most value if they are interoperable and easy to use. While the value of energy saved due to increased efficiency may be small, the value of the flexibility is high.
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Keywords: decarbonisation; efficiency; energy; flexibility; smart home

Document Type: Research Article

Publication date: January 1, 2018

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  • Journal of Building Survey, Appraisal & Valuation is the essential peer-reviewed journal for building surveyors, structural engineers and other professionals concerned with building condition, defects, valuation, repair and maintenance.

    Published quarterly and guided by an expert Editor and Editorial Board, each 100-page issue – published both in print and online – contains in-depth, practical articles on building condition, defects, valuation, repair and maintenance written by and for leading surveying professionals. The journal provides detailed, actionable advice on the latest thinking, techniques and instrumentation available to the surveyor in the diagnosis and repair of building defects, as well as valuation and legal and regulatory updates - with no advertising.

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