Models for energy efficiency improvement by using mobile technologies and IoT

As the telecom industry is looking for new opportunities to improve its commercial potential by introduction 5G technology, energy industry is rising as potential area for deployment of smart Internet of Things (IoT) solutions and ICT. Following the recent achievements in digitalisation of energy industry, smart phones and mobile application, smart metering, data analytics and artificial intelligence popularity, as well as the human decision-making and behavior based on purely rational choice, we are proposing the consumer centric model for energy efficiency. The model is considering the current communication network features, Wi-Fi and 4G/5G networks and a possibility to influence the consumer behavior in residential segment (households) and achieve reasonable energy savings. Following this model adapted to the Macedonian energy and telecom market specifics, we are estimating that the investment risk versus the potential energy reduction is worth to be further considered by deployment of the proposed system architecture. (author)