Issue link: https://te.mouser.com/i/1522749
TREND PAPER / HOME ENERGY STORAGE: NEXT GENERATION OPPORTUNITIES IN SMART HOMES Home Energy Storage Next generation opportunities in Smart Homes 10 UK 25 EU: FRANCE, GERMANY, ITALY, SPAIN 26 INCENTIVES • The Green Deal and National Grid provide consumer incentives to make homes more energy efficient; this includes investments in renewable energy generation from solar panels or heat pumps • Grants through the Eco Plus Scheme support these investments, covering 75% of total costs starting in April 2023 • Current efforts are underway to support clean energy investments; however, no major incentives or funding programs have yet to be solidified • Smaller, local efforts to encourage sustainable practices exist, e.g., e-bike subsidies across France, Germany, and Italy where consumers can receive 500 EUR towards purchases POLICIES • Energy providers must ensure all energy comes from 100% zero-carbon generation by 2035; consumers, in turn, will need to equip their homes with technology fit for renewable energy • Gas boilers will be banned in new homes by 2025, as part of a larger plan to achieve net zero carbon emissions by 2050 • Sales of new gas-powered cars will also be phased out by 2030, with all zero-emission cars by 2035. • Renewables needed to account for 20% of consumed energy by 2020; that goal was exceeded in 2021, reaching 22%; as a result, the 2030 target is being revised from 40% to 45% • France, Germany, Italy and Spain are all banning gas- powered cars by 2035 • Targets for installing heat pumps are in place to help achieve clean energy: 20 million heat pumps are to be installed by 2026 and 60 million by 2030 • For solar panel technology, policies are currently being discussed for both industrial and residential usage, potentially requiring new and existing buildings to install solar panels between 2026 and 2029 TE Connectivity offers Quality Engineering Solutions Complete energy independence will require strong and reliable energy generation and storage technology to keep homes functioning at all times. In turn, a singular platform is needed in order for energy to flow efficiently and automatically throughout the home – an issue that will affect new solar panel, water heater, and heat pump technologies as well. TE Connectivity (TE) offers an extensive array of solutions to address the growing emergence of smart homes and related home-energy management and storage needs. TE Connectivity supports the design and engineering of safer, more sustainable products that deliver the type of strong performance and energy efficiencies home-energy storage products are meant to solve.