The number of North American and European homes with a smart thermostat grew by 81 percent to 5.8 million in 2015.Credit: energy.gov That is according to Berg Insight research, which also reveals that the North American market recorded a 78 percent growth in the installed base of smart thermostats to 4.5 million and the European market recorded growth 90 percent year-on-year to reach 1.4 million.For energy companies, smart thermostats open up new possibilities to introduce consumer friendly demand response and energy-efficiency programs, which can enable significant capital savings as lower peak load can reduce expenditures on reserve power generation and the need to purchase energy on the spot market.
Summer vacation is near as Arizona families journey to places such as Disneyland, San Diego or relatives’ homes.Emerging technological advances have created an affordable arsenal to ensure the home vacationers left is the home they return to.Do-it-yourself smart-device security increasingly is used to monitor homes when owners are away or even to view its occupants — from children arriving from school to the dog that’s prone to tearing up furniture. Phoenix is the No. 1 real-estate market for smart-home features such as automated lighting, electronic locks and smart thermostats, according to an analysis released this year by realtor.com.
The number of North American and European homes with a smart thermostat grew by 81 percent to 5.8 million in 2015, according to a new research report from Berg Insight. The North American market recorded a 78 percent growth in the installed base of smart thermostats to 4.5 million. In Europe, the total number of homes with a smart thermostat grew by 90 percent year-on-year to reach 1.4 million.
New research from Berg Insight of Gothenburg, in Sweden, shows that the number of homes in North American and Europe now equipped with smart thermostats is rising rapidly. Overall the sector grew by 81 per cent over the course of 2015 with uptake in North America increasing by 78 per cent and in Europe by 90 per cent year-on-year.They are impressive figures but it has to be a said that they begin from a very, very low user base. The reality is that at the moment North America has a mere 4.5 million smart thermostats deployed while Europe has just 1.4 million. All in all some 5.8 million smart thermostats are in use and that’s a miniscule number given the size of the two huge markets.Nonetheless, the smart home market is on the move and Berg Insight’s forecast is that that the number of homes in Europe and North America with smart thermostats will grow at a compound annual growth rate of 54.5 per cent over the next five years to reach an installed base of 51.1 million by 2020.Unsurprisingly Berg expects North America to remain the biggest market and has calculated that 32.2 million homes there will have smart thermostats by 2020 while Europe will have 18.9 million of them.
National Grid is launching its ConnectedSolutions platform, allowing customers to connect and manage their smart thermostats and other home devices to improve energy savings and comfort while allowing National Grid to alleviate peak load demand.The energy platform will allow customers in Massachusetts and Rhode Island to conveniently reduce energy use in the summer, when energy demand is high, reducing energy use during periods of peak demand (reducing regional energy costs), protecting the environment by lowering emissions, and supporting state and local energy initiatives.”National Grid is committed to customer convenience and reducing energy costs,” said Carlos Nouel, National Grid’s leader of the New Energy Solutions division. “By utilizing WeatherBug Home, the ConnectedSolutions platform provides our customers with energy intelligence that does the work for you to maximize savings and comfort. We are excited to introduce this to Massachusetts and Rhode Island customers, and eventually, roll it out across our entire service area.”National Grid is introducing ConnectedSolutions to eligible Massachusetts and Rhode Island electric customers and in the coming months, expanding the platform to New York. Powered by WeatherBug Home’s Internet of Things (IoT)-centric approach to bring additional energy intelligence and value, the platform will initially work with Honeywell and ecobee smart thermostats, and expand over time to additional connected devices including washers, dryers and hot water heaters.Because 50 percent of a home’s energy use is driven by weather, ConnectedSolutions utilizes WeatherBug Home’s ability to integrate proprietary weather data with patented thermodynamic modeling and energy consumption data from connected devices.
For some time now, we’ve been hearing a lot of noise about the internet of things (IoT) in the consumer space – smart thermostats and such.But another area it’s making a difference is in the heavy industries, allowing businesses to optimise the work of the big machinery and infrastructure they count upon.This is the industrial internet of things, or the IIoT, where big machinery is connected and talking to one another, and back to centralised systems.And analyst house Gartner believes IoT will move toward mainstream adoption in 2016 for many more industries.
France has developed something of a name for itself as a center for IoT startups, and today another mover and shaker in the space is making some waves. Netatmo, a Paris-based designer of stylish connected home devices like smart thermostats and security cameras — think France’s answer to Nest — is announcing that it has raised €30 million ($32 million).The funding is significant in that it is one of the biggest rounds of funding for a hardware maker in France this year (and maybe the biggest for an IoT hardware maker), but it is also led by a strategic investor.
Connected devices like smart thermostats, smart washing machines, smart locks, smart fridges, and etc. are all great ideas. The idea of being able to remotely turn them on, set them on a schedule, adjust themselves based on your needs, and so on are huge conveniences, but they also seem to be potential security risks.Recently it has been discovered by the folks at Pen Test Partners (via Techdirt) that a smart kettle made by a company called Smarter is susceptible to hacks.
When it comes to picking wireless devices for the smart home, your selection is typically determined by the technology used—and your budget. However, Venstar doesn’t want to limit the potential audience for its latest lineup of smart thermostats.