- What is the role of the smart home in the Energy Cloud?
- What are the economic, climate change, and energy benefits of the smart home in the Energy Cloud?
- What are the key enabling technologies for the smart home in the Energy Cloud?
- What steps can solution providers take to position themselves to lead in the emerging smart home in the Energy Cloud market?
- What are the non-energy benefits and business opportunities associated with the smart home?
New Residential Construction in the US Demonstrates Smart Home Potential in the Energy Cloud
The impacts of technology disruption and digital transformation on the energy industry are rewriting the rules for how energy is generated and used. The result is an emerging ecosystem of stakeholders, a dynamic network of resources, and two-way value flow that Navigant has characterized as the Energy Cloud. With residential primary energy consumption representing 11% of US energy consumption today, according to the Energy Information Administration, the smart home is an important part of the story.
Powered by analytics and real-time automation, the smart home is quickly emerging as a dynamic asset for orchestrating how power is generated and used through automated devices and systems. The smart home will create new revenue streams for technology and service providers, drive efficiency and convenience for homeowners, and help address climate change goals by reducing the carbon footprint within the built environment. Residential new construction in the US can offer a litmus test for the smart home in the Energy Cloud because these greenfield developments allow for the deployment of the highest efficiency building systems.
This Navigant Research report discusses how new smart home developments can demonstrate the potential for innovation in the built environment. The study examines the opportunity for a new kind of solution provider, an orchestrator, that will utilize IoT, automation, and DER to aggregate homes as a system for energy optimization. The report presents holistic smart home approaches to energy management that can bring even greater climate change impacts.
- Smart home technology and service providers
- Electric utilities
- HVAC and lighting manufacturers
- Internet of Things (IoT) vendors
- Investor community
New Construction Is a Near-Term Opportunity
Consumer Internet of Things Acceptance Signifies Smart Home Readiness
Smart Home New Construction Projects Exemplify Energy Cloud Platform Potential
Illustrate Global Opportunities and Challenges by Piloting Smart Home Approaches in the US Market
Smart Home in the Energy Cloud Will Generate Revenue Across the New Home Construction Value Chain
The Smart Home in the Energy Cloud Will Deliver Benefits Across the Value Chain
Key Barriers to Overcome for Smart Home in the Energy Cloud
The Benefits of a US New Construction Smart Home in the Energy Cloud Pilot
Designing an Effective Smart Home in the Energy Cloud Pilot
Defining a Roadmap for the Smart Home in the Energy Cloud
Becoming a Smart Home in the Energy Cloud Market
Architects, Designers, and Developers Should Leverage BIM
OEMs Must Focus on Amplifying Solutions with Digital Capabilities
Service Providers Need to Explore Partnerships to Share Capital Burden
Electric Utilities Should Establish Strategic Partnerships
- Supply-Side Approaches and Homeowner Benefits in the Energy Cloud
- Opportunities Across the Residential New Construction Value Chain
- Opportunities Throughout the Smart Home Life Cycle
- Residential Energy Consumption by End Use
- Technology Roadmap for Smart Home in the Energy Cloud
- Creating the Digital Backbone of the Smart Home in the Energy Cloud
- Smart Home Opportunities for Emissions Reductions