go to top scroll for more

Home Energy Management System (HEMS) ICT Market Study - HEMS ICT Market Forecast Tool


The ETI commissioned the HEMS & ICT Market project to undertake an in depth study and assessment of HEMS along with data, processes and controls and potential additional services enabled via a linked ICT system. The project delivers key insights and findings in terms of potential future offerings and capabilities of these products along with market assessment information. The aim of the project was to characterise the existing market for HEMS and ICT systems and to quantify the market/commercial opportunities for future HEMS and ICT propositions for both consumer and business. Our main report identified an opportunity for the ETI to lead the Advanced ESCo scenario through 3 key business propositions:

  • ESCOs 'right-size' heating solutions then provide supply contracts with price guarantees
  • HEMS enable optimised ToU tariffs and DR benefits via localstorage
  • Hybrid heat pump driving arbitrage opportunities in the home
The HEMS ICT Market Forecast Tool is an excel work book that provides the user with a UK market forecast for Home Energy Management Systems and related ICT hardware. Users are able to vary various control parameters and create market forecasts to meet individual needs. This model is not intended as a final answer but rather provides a flexible forecast tool to inform a forward view of households that could potentially take up any of the 3 Advanced ESCo HEMS propositions set out in the main report. The report was initially published in November 2014. Some details and analysis may be out of date with current thinking.





Citation (APA Style 7th Edition):

DNV GL (2015). Home Energy Management System (HEMS) ICT Market Study - HEMS ICT Market Forecast Tool [Data set]. ETI. https://doi.org/10.5286/UKERC.EDC.000555

Field Dates:

01/01/2009 - 31/12/2018

Data Date Range:

01/01/2015 - 31/12/2025

Data type:


Data format:




Number of Units:

No unit numbers supplied

Unit Type:

No units supplied

Number of Records:

No records supplied


No parameters supplied


Energy Technologies Institute Open Licence for Materials

Rights Overview:

The Energy Technologies Institute is making this document available to use under the Energy Technologies Institute Open Licence for Materials. Please refer to the Energy Technologies Institute website for the terms and conditions of this licence. The Information is licensed "as is" and the Energy Technologies Institute excludes all representations, warranties, obligations and liabilities in relation to the Information to the maximum extent permitted by law. The Energy Technologies Institute is not liable for any errors or omissions in the Information and shall not be liable for any loss, injury or damage of any kind caused by its use. This exclusion of liability includes, but is not limited to, any direct, indirect, special, incidental, consequential, punitive, or exemplary damages in each case such as loss of revenue, data, anticipated profits, and lost business. The Energy Technologies Institute does not guarantee the continued supply of the Information. Notwithstanding any statement to the contrary contained on the face of this document, the Energy Technologies Institute confirms that it has the right to publish this document.

Further information:






Related Datasets:

No related datasets

The Energy Data Centre works in collaboration with the CEDA Archive to provide this information