Clear and in control: Energy consumers’ views on data sharing and smart devices
In June 2019 the UK became the first major economy in the world to pass laws to end its contribution to global warming by 2050.
This will require significant investment in the energy market, and a faster pace of change.
Smart meters are a vital part of a smart and flexible future energy system. They can support better integration of renewable power by using near-real time energy data efficiently manage energy supply and demand. This is crucial for Great Britain to reduce its carbon emissions and reliance on unsustainable energy sources.
At the same time, digitisation, decentralisation and decarbonisation are driving radical change in the products and services that energy companies offer consumers. This depends on access to data about how and when people use energy.
Engagement from energy consumers will be vital to the transition to a low carbon and high tech market.
Data and technology offer an opportunity to reshape the energy market to make sure the needs of customers come first.
Understanding and managing when, how and why we use energy in our homes could make the future energy market more attractive and easier to navigate.