 Net Zero and the potential of consumer data - United Kingdom energy sector case study: The need for cross-sectoral best data practice principlesLucy Liu, Mark Workman and Sarah Hayes Energy Policy, 2022, vol. 163, issue C Abstract: The nationwide rollout of smart meters marks a significant milestone in the digitalisation of the UK energy sector. It has allowed the collection of unprecedented amounts of consumer energy consumption and behavioural data. Providing real-time, spatially explicit, bi-directional connectivity between service providers and consumers, this data is expected to provide benefits of over £40B and contribute to behavioural nudges - which are integral to 62% of all initiatives required to achieve Net Zero by 2050. Concurrently, consumers are leaving behind digital trails across a broader spectrum of their lives through their smartphones and in-home devices. This data could also be used to accelerate digitalisation within the energy sector and yet the energy sector has limited or no visibility of it. While greater access to consumer data is expected to provide substantial opportunities for economic growth and the realisation of Net Zero both in the energy sector and across the UK economy, it also risks consumer exploitation. Keywords: Digitalisation; Innovation; Behaviour; Privacy; Psychographics; Net Zero (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:163:y:2022:i:c:s0301421522000283 DOI: 10.1016/j.enpol.2022.112803 Access Statistics for this article Energy Policy is currently edited by N. France More articles in Energy Policy from Elsevier |
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