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


Citation DNV GL Home Energy Management System (HEMS) ICT Market Study - Market Forecast Supplemental Report, ETI, 2014. https://doi.org/10.5286/UKERC.EDC.000552.
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Author(s) DNV GL
Project partner(s) DNV GL
Publisher ETI
DOI https://doi.org/10.5286/UKERC.EDC.000552
Download SSH_SS1403_2.pdf document type
Abstract 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
A HEMS Market Forecast Modelling Tool was created. This spreadsheet model is available separately. The modelling tool is intended to allow the ETI to test a variety of scenarios and assumptions that determine the market for different propositions.

This document is presentation on the model, which 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 Some details and analysis may be out of date with current thinking.
Associated Project(s) ETI-SS1403: Smart Systems and Heat (SSH) Programme - Home Energy Management System (HEMS)
Associated Dataset(s)

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

Associated Publication(s)

ETI Insights Report - Domestic Energy Services

Home Energy Management System (HEMS) ICT Market Study - Main Report

Home Energy Management System (HEMS) ICT Market Study - Request for proposals

Infographic - Domestic Heat

Infographic - How can people get the heat they want at home without carbon ?

List of projects for the ETI Smart Systems and Heat (SSH) Programme

SSH Stagegate 1 - Review of International Smart Systems and Heat Initiatives - Final Report

WP1 Appliance Disaggregation: Data Analysis Pre-processing

WP1 Appliance Disaggregation: Data Quality Report

WP1 Appliance Disaggregation: Dynamic Modelling

WP1 Appliance Disaggregation: Final Report

WP1 Appliance Disaggregation: High Frequency Appliance Disaggregation Analysis Handover

WP1 Appliance Disaggregation: High Frequency Appliance Disaggregation Analysis: Insights Overview

WP1 Appliance Disaggregation: Incorporation of Appliance and layout information

WP1 Appliance Disaggregation: Online learning and distributed learning

WP1 Appliance Disaggregation: Pattern Mining