UCSC ISM 158 - LECTURE NOTES (4 pages)

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LECTURE NOTES



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LECTURE NOTES

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Lecture Notes


Pages:
4
School:
University of California, Santa Cruz
Course:
Ism 158 - Business Strategy and Information Systems
Business Strategy and Information Systems Documents

Unformatted text preview:

An Efficient World Matthew Villarreal ISM 158 April 13 2010 Smart Grid Needs a Dose of Social Networking The Newton Mass based start up is one of dozens of smart grid companies working in home energy efficiency and is one of the few founders versed in psychology and behavioral science One reason GroundedPower has chosen to focus on people as much as technology GroundedPower s Web based application combines home electricity monitoring with tools to make a home energy efficiency plan and get recommendations It also makes a very simple hardware device called from others Glance to signal consumers if they are meeting their goals Many companies have developed in home energy displays which are sometimes distributed as part of utility smart grid programs to give people a real time view of their A Growing Concern A growing concern that smart grid programs as they are conceived now won t be enough to get utility customers actively engaged in managing home energy Earlier this week GroundedPower submitted comments to the California Public Utilities Commission which is considering requirements for upcoming smart grid programs People are motivated by more than utility prices which is primarily how regulators are seeking to encourage people to conserve and use electricity at off peak times The social networking aspects of GroundedPower s application are geared at getting recommendations and sharing tips with people in similar situations For example a person could commit to changing how they wash clothes and Customers Enjoy Hand Technology Rather than only display historical energy data GroundedPower s Web application lets people walk through an online audit and set goals that they commit to After that they can monitor their progress either through the Web application or other device such as a smart phone The system can work with other smart grid devices such as smart meters or two way thermostats that let people remotely control their appliances But the reductions in the first



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