Most of our projects are confidential, those described here are illustration of the collaboration that contributes to our projects. Our projects are typically conducted in partnership with carefully chosen experts. We select only top international experts and project managers in order help clients find solutions. Our projects focus on a range of topics including: Marketing and Competition; Customer Psychology, behaviour, loyalty, value and profitability; Market Structures and Drivers; Smart Grid, Smart Home and Demand Response; Innovation. Please feel free to contact us if you have any questions about any of the following project or would like to enquire about the possibility of engaging us to develop a project for you.
The Household Energy Price index for Europe is Europe’s only comprehensive and independent monthly index for household electricity prices in the EU 15 markets. More Information
The Utility Customer Switching Research Project is the world’s most comprehensive source of comparative utility customer switching trend data and explanations. More Information This project additionally incorporates our Utility Customer Loyalty Management System and Churn Radar tool sub-projects.
03.01.2012
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12.10.2011
5 October 2011 – Amsterdam
You may download the “Empower Demand” report here
ESMIG, the European Smart Metering Industry Group, chose VaasaETT Global Energy Think Tank to conduct the largest comparative study of residential smart-meter enabled feedback and pricing programs ever undertaken.
The aim of the “Empower Demand” research project has been to discover the potential and limitations of a range of feedback and dynamic pricing programs enabled through smart metering technologies to lower household electricity consumption and peak usage using a large comparative sample to ensure robust findings. VaasaETT gathered and analysed an unprecedentedly large pool of pilots gathered around the world. Findings and conclusions are based on analyses of 100 pilots with about half conducted after 2005, and involving a total of over 450,000 residential participants.
Results show that providing real-time electricity consumption data on in-home displays led to an 8.7% average reduction in consumption. Lower but still significant average reductions of 5-6% were achieved through informative billing and access to a website. Regarding dynamic pricing, Time-Of-Use peak reductions are the lowest at 5%, but occur daily, Critical Peak Pricing and Critical Peak Rebate produce the highest peak clipping (16 and 12% respectively) but only for critical peak periods.
That said, results vary widely within a given program type. The research findings confirmed the assumption that technology is an important enabler but in itself does not lead to peak clipping nor to consumption reduction. The results demonstrate the critical role of customer involvement through “education” and interaction; the quality of which depends on how well the participants are known and understood.
12.10.2011
ESMIG, the European Smart Metering Industry Group, chose VaasaETT Global Energy Think Tank to conduct the largest comparative study of residential smart-meter enabled feedback and pricing programs ever undertaken. read more …