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Third Industrial Revolution Consulting Group<br />

<br />

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<br />

Upgrade information and engagement: This proposal involves the creation of a national<br />

platform to provide real-time, historical, and comparative energy feedback to residential<br />

and commercial energy customers, using a web-based platform and in-home displays.<br />

The online information can utilize social norms and targeted tips to give meaning to<br />

energy consumption information and motivate action. This program can also enable<br />

residential and commercial customers to have access to near real-time energy<br />

consumption information. This information has been shown to effectuate consumer<br />

behaviors from increased energy visibility, to improve energy management and reduce<br />

energy consumption. Ideally, it can also provide historical consumption information,<br />

baseload and non-baseload information, time-of-use information, usage alerts, and a<br />

variety of other options that can help consumers become more knowledgeable and<br />

more effective in managing their energy consumption and reducing wasteful energy<br />

use. The information can highlight the non-energy benefits and pro-social benefits of<br />

energy efficiency technologies and smart energy practices, building on a waste<br />

management type of approach.<br />

Develop innovative disclosure and rating tools for the real estate sector. Making<br />

energy-related operating costs more transparent to owners, buyers, and renters creates<br />

an opportunity to make energy more visible and to reshape real estate preferences.<br />

Smart real estate markets will use comparative benchmarking and rating systems and<br />

ICT-enabled programs to share energy consumption information. In addition, there can<br />

be changes in real estate disclosure laws to promote reduced levels of energy<br />

consumption through participation in energy audits, appliance retrofits, smart energy<br />

management, green leases, and more. Public access to building-level energy<br />

consumption ratings (residential and commercial) can be accessed via a Zillow-type app,<br />

while actual consumption data can be a mandatory part of real estate transaction<br />

information sharing.<br />

Develop, test, and maintain an electric power infrastructure resiliency strategy. As<br />

previously suggested, a well-functioning electricity grid is a requirement to deliver<br />

critical services, including health services, transportation, and telecommunications. Due<br />

to the long term impact of investment decisions in power grid infrastructure, it is key<br />

that this infrastructure be explicitly addressed. It is recommended that Luxembourg’s<br />

Energy working group focuses attention on defining scenarios for the future grid<br />

architecture, as well as develop a strategic response plan of action, in the event of<br />

extreme weather or cyber-related events that compromise the power network. As is<br />

the case for many TSOs and DSOs, emergency response plans also need to be tested and<br />

revised, as necessary, to account for new threats and mitigating solutions.<br />

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