“Green Luxury” — technology and solutions for energy management

Abstract

The mounting pressures on conventional energy sources and recent findings on climate change have brought attention to not just how we use energy but also how we manage it and ultimately how we conserve it. Rapid urbanization and increased infrastructure development have posed challenges on how to improve the quality of life without compromising the environment. Cities today consume 75% of the world's energy and worldwide consumer electronics represent 15% of the household power consumption. Intelligent and automated solutions are required to enable the consumers to not only measure how energy is used but also to monitor and manage it. Studies have shown that the display of real time information on energy consumption and carbon dioxide emissions results in a reduction of nearly 15%. This paper details how open and Internet enabled technologies and solutions can enable industries, commercial buildings and private homes to monitor and mange their resources. By integrating with other sensors and systems the solution enables end users to consume responsibly and manage effectively.