We have been close to the lighting market over the years, having advised on several transactions involving LED specialists.
I was really interested in the comments from Anton Brummelhuis at Philips about the connected lighting – he will be speaking at the edie LIVE show in Birmingham (23-24 May).
We are seeing particular interest in demand side response (DSR) and intelligent energy use. Done correctly DSR will allow us to shift demand in real-time to balance the Grid which will ensure we can provide sustainable and affordable electricity in the future – the prize being energy security.
There are some great British companies innovating in this area and we are excited about working with them.
Philips: Smart lighting systems can champion the circular economy EXCLUSIVE: Connected lighting systems can act as the "backbone" of the smart buildings transition to promote resource and energy efficiency, the senior director of sustainability at Philips has said. Brummelhuis claimed that combining LED lighting with IoT characteristics could deliver energy savings between 50% to 80% The Dutch firm has been a pioneer of LED lighting for the past decade, and Anton Brummelhuis, who has worked at Philips since 1987, told edie that the Internet of Things (IoT) would soon enable lighting systems to promote the circular economy. “Connected lighting can serve as the backbone of smart buildings and smart cities,” Brummelhuis said. “If each light point becomes smart and connected and can monitor wirelessly, it offers many new capabilities for innovation.