Understanding consumer motivations for participating in a smart power system

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Title
Understanding consumer motivations for participating in a smart power system

CoPED ID
eccff100-21b6-4564-babe-8af412b14a20

Status
Closed


Value
£122,825

Start Date
Aug. 31, 2012

End Date
Dec. 31, 2012

Description

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Smarter power systems need consumers to engage willingly with a range of new service offers from power system interests to manage demand and shift and/or reduce demand peaks. This project will seek to understand what is needed to secure that engagement from domestic consumers. It will market test a range of potential smart services across two dimensions: (i) automated/passive vs user-controlled active services; and (ii) motivators based on financial rewards vs motivators based on non-financial rewards known to enhance wellbeing. In theory, the system might gain most 'smartness' from automated demand response services taken up by consumers in return for the modest financial value which that response creates for the system. This project will find out whether this holds true in practice for consumers and how consumers respond to different smart approaches based on different motivational rewards.

Vicki White PM_PER

Subjects by relevance
  1. Consumers
  2. Consumer behaviour
  3. Services
  4. Consumption
  5. Demand
  6. Motivation (activity)

Extracted key phrases
  1. Smart power system
  2. Power system interest
  3. Consumer motivation
  4. Potential smart service
  5. Domestic consumer
  6. Demand response service
  7. Different smart approach
  8. New service
  9. Active service
  10. Demand peak
  11. Modest financial value
  12. Financial reward
  13. Different motivational reward
  14. Range
  15. Project

Related Pages

UKRI project entry

UK Project Locations