Energy Monitoring in Residential Environments

In the face of ongoing environmental concerns, there is a strong push worldwide to improve efficiencies and curtail consumption of energy. The European Union (EU) has risen to these challenges by announcing ambitious 20-20-20 targets. These targets aim to cut greenhouse gas emissions by 20% (in comparison to 1990 levels), increase the contribution of renewables by 20% of the total energy produced, and achieve 20% improvement in energy efficiency (reduce consumption by 20%), all by the year 2020.