The Pecan Street Project is a research and development organization located at the University of Texas at Austin using big data to study the patterns of energy usage and wastage in America. The Pecan Street Project revolves around the fact that most individuals are unlikely aware of the amount of energy they use in their daily lives.
Focused on accelerating innovation in regards to energy and water usage, the Pecan Street Project collects large amounts of data on per household usage, creating a database of what is considered the largest source of consumer energy data. The research and development lab is used to test real world solutions and prepares students for careers in which they can continue to tackle the two most pressing resource solutions.
Energy Usage Analytics
The Pecan Street Project Uses Big Data to Study Energy Usage
Trend Themes
1. Big Data Analytics - Disruptive innovation opportunities in leveraging big data to uncover patterns and insights in energy usage and wastage.
2. Energy Efficiency - Disruptive innovation opportunities in developing technologies and solutions that help individuals and households become more aware and efficient in their energy usage.
3. Sustainable Resource Solutions - Disruptive innovation opportunities in creating new and sustainable approaches to address the pressing issues of energy and water resource management.
Industry Implications
1. Data Analytics - Disruptive innovation opportunities in developing advanced analytics tools and platforms specifically designed for energy data analysis.
2. Energy Management Systems - Disruptive innovation opportunities in creating intelligent systems and technologies that enable individuals and companies to monitor and manage their energy usage efficiently.
3. Smart Home Technology - Disruptive innovation opportunities in integrating energy monitoring and control capabilities into smart home devices and appliances for improved energy efficiency.