Despite all the fuzz behind the dumb devices getting chips and sensors to become smarter gadgets, or the Internet of Things, the Internet of Everything, and so on, the consumer market hasn't really picked up as predicted in several market trends and reports.
In this interview, Sokwoo Rhee, associate director of the Cyber-Physical Systems Program at the National Institute of Standards and Technology, suggests that the value for consumers might be in the services supplied with the whole solution and not just in the devices alone.
According to analyst firm Gartner, the number of internet-connected devices in the home will almost double each year up to 2018, by which time there will be almost 1.1 billion devices.
There is a huge opportunity for utilities to ride this IoT wave and deliver smart home technology and services to consumers.
While smart home technology has evolved rapidly over the past few years, there are still too many barriers to its wide-scale adoption, especially to interoperability and integration among different suppliers. This represents one of the opportunities for service providers and utilities: to provide a single hub and app, linking disparate connected home technologies together.
Source: Internet of things a smart opportunity for energy companies
Does it make sense to install solar panels on your roof?
You probably have no idea. But as of today, Google knows.
The colorful and recently alphabetized search monstrosity has launched a new tool called Project Sunroof. It will use data you may not have realized that Google even had to tell you how much money you can save by turning your roof into a photon harvester.
Using Google’s mapping and computing resources, Project Sunroof offers users personalized roof analyses to help them calculate the best solar plan based on their individual roofs and locations. Once supplied with a user’s address, the site provides user-specific data on the amount of usable sunlight that hits the roof per year, which parts of the house receive the most sunlight, the amount of space available on the home for solar panels, and the amount of money that could be saved by switching to solar.
Google Introduces Project Sunroof
Google’s Project Sunroof makes installing solar easier
A number of technologies are being developed to store energy on the grid, such as flow batteries which can accumulate energy in liquids and discharge rapidly. Giant flywheels and supercapacitors are also being explored.
Isentropic has developed several prototypes of pumped-heat electricity storage (PHES), a system based on a heat pump—a device like an air-conditioner that transfers heat from one place to another. In this case, though, the device is reversible, and when the heat flows back it works like a heat engine, converting thermal energy to mechanical power like a car engine.
The shale gas revolution has already had a transformative impact on the U.S. natural-gas market, on the countrys energy landscape broadly, and on a number of U.S. industries, most notably petrochemicals.
Its reach promises to expand considerably as development practices continue to improve and growing numbers of countries.
This e-book from the Boston Consulting Group examine the shale gas revolution through a number of lenses.
Sensor applications of all conceivable types will drive the expansion of the IoT. The application fields range from production machines to healthcare and from cars to smart homes. The Trillion Sensor Summit offered a snapshot of an exploding universe. Between 2007 and 2014, this market has grown from $2 billion to $13 billion annually. At the same time, the complexity of these sensors exploded from 1000 to 1 million transistors per sensor. And this expansion wont stop by no means in the overseeable future.
A graphic primer behind the term & technologies.
It turns any light into a smart light.
A simple plug and play adapter that gives you control of your lights from anywhere in the world. It can even use proximity to control your lights.
Distributed energy DE technologies have grown significantly in the U.S. Last year, DE represented one of the largest investments in the utilities space, and that investment, along with consequent growth, is likely to accelerate.
This growth will be disruptive to incumbent industries, especially utilities. Most U.S. electricity rates are variable, based on the number of kilowatt-hours used. DE reduces the number of kilowatt-hours sold by the utility to the customer.
This will cause disaggregation of the integrated value chain that has been served exclusively by utilities.
As the internet of things hype heats up, we’re seeing an array of deals signed between governments and big tech providers that purport to create some type of smart city.
Intel is part of a pilot project with the Silicon Valley city of San José, California, to add a network of connected sensors in various places as part of an effort to communicate information about air quality and encourage citizens and the government to act sustainably.
The city is starting out with three projects: one related to how downtown events affect air quality, a sustainable traffic planning effort and a plan to use air quality data in making decisions about where to put housing in urban areas.