The mission of this group is to bring together utility professionals in the power industry who are in the thick of the digital utility transformation. 


You need to be a member of Energy Central to access some features and content. Please or register to continue.


Analytics Help Manage Energy Usage

Energy companies can now collect more usage information than ever before with the growth of Internet of Things (IoT) devices. That advancement is the first step in the process of improving energy usage and demand visibility. Work is still needed in areas like data analytics before utilities fully tap into this potential.

The emergence of smart home devices began at the turn of the millennium with the advent of smart meters. Since then, a variety of other devices, such as thermostats, security devices, plugs, lighting, air conditioners, and refrigerators, have gained intelligence.

One Step in a Journey

The generation and collection of usage information is the first step in the process of turn data into actionable information. Vendors need to build applications that take that data and map it energy programs that may induce consumers to use energy more efficiently and perhaps rely more on renewable energy.

Work has been ongoing as suppliers are building solutions that rely on cloud, mobile, and web portals to present energy information in easy-to-follow ways. The goal is to add value and integrate residential demand side management and demand response (DR) programs.

But such work is in an early stage. One missing piece is development of programs that benefit both utilities and consumers. To date, there has been too much work by the consumer for too little reward. It is clear that technology advances alone will not close the gap; energy suppliers now need to find ways such programs help their business as well.

Paul Korzeniowski's picture

Thank Paul for the Post!

Energy Central contributors share their experience and insights for the benefit of other Members (like you). Please show them your appreciation by leaving a comment, 'liking' this post, or following this Member.


No discussions yet. Start a discussion below.

Get Published - Build a Following

The Energy Central Power Industry Network is based on one core idea - power industry professionals helping each other and advancing the industry by sharing and learning from each other.

If you have an experience or insight to share or have learned something from a conference or seminar, your peers and colleagues on Energy Central want to hear about it. It's also easy to share a link to an article you've liked or an industry resource that you think would be helpful.

                 Learn more about posting on Energy Central »