Show simple item record

dc.contributor.advisorHenry Birdseye Weil.en_US
dc.contributor.authorMuñoz, Diego Arizaen_US
dc.contributor.otherSloan School of Management.en_US
dc.coverage.spatialn------en_US
dc.date.accessioned2016-09-13T19:23:25Z
dc.date.available2016-09-13T19:23:25Z
dc.date.copyright2016en_US
dc.date.issued2016en_US
dc.identifier.urihttp://hdl.handle.net/1721.1/104303
dc.descriptionThesis: S.M. in Management Studies, Massachusetts Institute of Technology, Sloan School of Management, 2016.en_US
dc.descriptionCataloged from PDF version of thesis.en_US
dc.descriptionIncludes bibliographical references (pages 74-78).en_US
dc.description.abstractThis thesis evaluates the potential impact of smart thermostats on the residential energy efficiency and demand response in North America. Smart thermostats are rapidly gaining popularity, and our estimations indicate that today there are more than nine million units already installed in North America. Electric utilities have recently started pilot programs known as Bring Your Own Thermostat (BYOT) through which they subsidize part of the smart thermostat that their customers install in their homes in exchange for taking command of the settings certain hours per day during for a few summer days. Currently, there are only about 50,000 homeowners enrolled in BYOT programs in the USA, but the expectation that smart thermostats can impact energy efficiency and change the residential demand response (DR) landscape is high. Using System Dynamics, this thesis has examined this potential, and the results show that the smart thermostats, in the business as usual case, can save about 60 TWh/year of electricity (or the continuous production of about fifteen 500MW coal plants - or Rosenfelds by 2025). If programs such as BYOT, where part of the thermostat is subsidized, were going to be popularized, this number can almost double. And additionally, this technology is creating an important potential in the residential demand response space, which is also studied in this thesis.en_US
dc.description.statementofresponsibilityby Diego Ariza Muñoz.en_US
dc.format.extent78 pagesen_US
dc.language.isoengen_US
dc.publisherMassachusetts Institute of Technologyen_US
dc.rightsM.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission.en_US
dc.rights.urihttp://dspace.mit.edu/handle/1721.1/7582en_US
dc.subjectSloan School of Management.en_US
dc.titleA study of the potential impact of smart thermostats on residential energy efficiency and demand response in North Americaen_US
dc.typeThesisen_US
dc.description.degreeS.M. in Management Studiesen_US
dc.contributor.departmentSloan School of Management
dc.identifier.oclc958265897en_US


Files in this item

Thumbnail

This item appears in the following Collection(s)

Show simple item record