News 2012 › 2012-10-09
Saving energy with technology from There
There Corporation’s innovative work on home energy management technology recently resulted in the launch of a new service by leading Finnish utility, Fortum, at the Habitare Furniture, Interior Decoration, and Design Fair in Helsinki this September.
Known as Fortum Fiksu, the new service will enable households to achieve major savings on their electricity bills by automatically using electricity supplied at the cheapest possible tariff for the immersion heaters used in homes to heat radiators and provide hot water. All that consumers need to take advantage of the service based on the platform developed by There is a smart electricity meter and an hourly-based electricity supply contract.
The technology behind the new service represents an important step forward in helping bring energy consumption and energy generation more in line with each other, according to There. As the system used by the Fortum service is standards-based, it can easily be localised for use in a variety of different countries; and There products are already on sale in many European countries.
There’s system is also compatible with decentralised generation and can optimise electricity generated by a home’s solar panels, for example, in line with consumption and electricity sourced from the grid.
There’s roots lie in work on the Smart Home programme and controlling home appliances via mobile phones at the Nokia Research Center, and the company was formed in May 2009 as a management buyout to commercialise and build on this technology. All the related development work, materials, and know-how were transferred to There under a licensing agreement with Nokia, and have been supplemented with additional energy measurement and smart grid expertise from Comsel System.