Intelligent Build.tech Issue 04 | Page 18

FOUNDATION FRAMEWORK
According to global electricity data , residential electricity consumption accounts for 37 % of total societal electricity consumption , and electricity usage is very inefficient , resulting in serious energy waste .
European and American markets , making it a technology poised for success .
In the face of global warming , HEMS aligns with the goal of fighting climate change
According to data from the US National Oceanic and Atmospheric Administration ( NOAA ), the global average temperature exceeded 17 degrees Celsius for the first time . Just a day later , the record for ‘ the hottest day on Earth ’ was broken again , and it can be predicted that this record will be broken repeatedly in the future .
In response , the World Meteorological Organization ( WMO ) is urging countries to prepare for the impact on human health , ecosystems and the economy . The most direct impact is that the demand for high-energy-consuming appliances such as air conditioners has surged among consumers . Therefore , the concept of HEMS has once again been raised in public .
Na pointed out that HEMS is the future of Smart Homes : “ According to global electricity data , residential electricity consumption accounts for 37 % of total societal electricity consumption , and electricity usage is very inefficient , resulting in serious energy waste . In many places in Europe and America , electricity control is still manual .”
In Na ’ s view , with the popularity of IoT products , “ there should be new technologies to drive the full digitalisation of home energy management , which is a great opportunity I saw last year and will also be the next turning point for Smart Homes .”
The concept and products of HEMS were first proposed in Europe and America as early as the 1970s , but for various reasons , market penetration has been extremely low and there are obvious technical defects . “ Home electricity systems are still limited by wired protocols in many ways , so the number of devices connected is low . Many have not yet been integrated with power companies , so each part of the system is disjointed .”
Even such an elementary system “ can help some regular households in the United States and Europe save 30 % of their energy usage each year , saving over $ 400 in electricity bills per year .” At present , based on the IoT platform , HEMS have a clearer path to the market . Considering the recent surge in energy prices in Europe and America , the market starts to be profitable .
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