{"id":22738,"date":"2024-11-08T17:25:22","date_gmt":"2024-11-08T17:25:22","guid":{"rendered":"https:\/\/www.insurancejournal.com\/?p=800648"},"modified":"2024-11-08T17:25:22","modified_gmt":"2024-11-08T17:25:22","slug":"ai-thermostats-pitched-for-texas-homes-to-relieve-stressed-grid","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2024\/11\/08\/ai-thermostats-pitched-for-texas-homes-to-relieve-stressed-grid\/","title":{"rendered":"AI Thermostats Pitched for Texas Homes to Relieve Stressed Grid"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/www.insurancejournal.com\/app\/uploads\/2024\/11\/419916536-580x387.jpg\"><\/p>\n<div><img decoding=\"async\" src=\"https:\/\/www.insurancejournal.com\/app\/uploads\/2024\/11\/419916536-scaled.jpg\" class=\"ff-og-image-inserted\"><\/div>\n<ul class=\"nav nav-tabs tabs tabs-entry\">\n<li class=\"active\"><a href=\"https:\/\/www.insurancejournal.com\/news\/southcentral\/2024\/11\/08\/800648.htm\">Article<\/a><\/li>\n<li><a href=\"https:\/\/www.insurancejournal.com\/news\/southcentral\/2024\/11\/08\/800648.htm?comments\" rel=\"nofollow\">0 Comments<\/a><\/li>\n<\/ul>\n<div class=\"article-content clearfix\">\n<p class=\"bloomberg\">Three of the biggest names in US home energy automation are coming together to offer some relief to the beleaguered Texas electrical grid.<\/p>\n<p>Power supplier NRG Energy Inc. is partnering with Renew Home LLC to distribute about 650,000 artificial intelligence-enabled thermostats that use Alphabet Inc.\u2019s Google Cloud technology over the next decade. The initiative, announced Thursday, aims to shave nearly 1 gigawatt of electricity demand \u2014 enough to power 200,000 Texas homes or about 1% of the record summer demand seen this year on the state grid.<\/p>\n<div class=\"bzn bzn-sized bzn-intext\">\n<ins data-revive-zoneid=\"79\" data-revive-topics=\"ai,data-driven,insurtech\" data-revive-companies data-revive-block=\"1\" data-revive-id=\"36eb7c2bd3daa932a43cc2a8ffbed3a9\"><\/ins> <\/div>\n<p>\u201cThe entire industry has been built to serve the peak load on the hottest day of the year,\u201d said Rasesh Patel, president of NRG\u2019s consumer unit. \u201cThis allows us to be a lot more smarter about demand in shaving the peak.\u201d<\/p>\n<p>Enrollment in the program, where consumers see cost savings or other incentives for curtailing energy usage, opens in the spring. NRG residential customers will receive service installation of a Vivint doorbell camera and either a Vivint or Google Nest thermostat for free.<\/p>\n<p>NRG expects to sign up enough homes to free up 300 megawatts of electricity demand within the first two years, according to Patel. That is expected to climb to 650 megawatts by 2030, before reaching its 1 gigawatt goal by 2035. Patel said pooling together homes costs $100 per kilowatt \u2014 about a tenth the cost of building a typical natural gas-fueled power plant. That would put the program cost at about $100 million.<\/p>\n<p>Google Cloud will be tapped for its AI and machine learning to determine the best time to cool or heat homes, based on a household\u2019s energy usage patterns and ambient temperatures. Renew Home Chief Executive Officer Ben Brown said in the interview that the platform will expand beyond the thermostat and large appliances to managing battery storage and electric vehicles. Renew Home was formed in part from energy services unit of the Nest thermostat.<\/p>\n<div class=\"copyright-notice quiet\">Copyright 2024 Bloomberg.<\/div>\n<p class=\"tagtag\"> <span class=\"tagtag\">Topics<\/span> <a href=\"https:\/\/www.insurancejournal.com\/location\/texas\/\" class=\"btn btn-sm btn-primary tagtag\">Texas<\/a> <a href=\"https:\/\/www.insurancejournal.com\/insurtech\/\" class=\"btn btn-sm btn-primary tagtag\">InsurTech<\/a> <a href=\"https:\/\/www.insurancejournal.com\/data-driven\/\" class=\"btn btn-sm btn-primary tagtag\">Data Driven<\/a> <a href=\"https:\/\/www.insurancejournal.com\/ai\/\" class=\"btn btn-sm btn-primary tagtag\">Artificial Intelligence<\/a> <\/p>\n<\/p><\/div>\n<div class=\"article-poll\" data-post=\"800648\">\n<div class=\"article-poll-vote\">\n<p>Was this article valuable?<\/p>\n<\/p><\/div>\n<div class=\"article-poll-feedback voted-no\">\n<form class=\"feedback-form\">\n<p>Thank you! 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Please tell us what you liked about it.<\/p>\n<p> <textarea placeholder=\"Enter your feedback...\"><\/textarea> <button type=\"submit\" class=\"submit\" disabled>Submit<\/button> <button class=\"cancel\">No Thanks<\/button> <\/form>\n<\/p><\/div>\n<div class=\"article-poll-more-articles\">\n<p class=\"thank-you-text\">Here are more articles you may enjoy.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"subscribe-banner subscribe-banner-in-content-2\">\n<div class=\"content\">\n<h4>Interested in <em>Ai<\/em>?<\/h4>\n<p>Get automatic alerts for this topic.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Article 0 Comments Three of the biggest names in US home energy automation are coming together to offer some relief to the beleaguered Texas electrical grid. Power supplier NRG Energy Inc. is partnering with&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":22739,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[215,1130,1131,1,77,1132],"jetpack_featured_media_url":"https:\/\/blog.lifeinsurance-orleans.ca\/wp-content\/uploads\/2024\/11\/ai-thermostats-pitched-for-texas-homes-to-relieve-stressed-grid.jpg","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/22738"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=22738"}],"version-history":[{"count":0,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/22738\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media\/22739"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=22738"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=22738"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=22738"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}