Can the Internet of Things Drive Energy Efficiency?

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June 4 (Bloomberg) -- Dr. Uwe Krueger, Chief Executive Officer at Atkins, talks with Olivia Sterns about developing energy plans for smart cities of the future to promote energy efficiency in sustainable urban areas. He speaks on Bloomberg Television’s “The Pulse.” (Correction: Misspelling in guest's name in video subsequently removed.) This report originally aired on June 2, 2014. (Source: Bloomberg)

Company here in britain.

Let's start with this concept.

What do you mean by smart cities?

Smart cities is about how the living environment is going to be shaped in the future.

Think about how it all fits together.

It is not only about energy efficiency.

It is all about water, waste management, the transport system of the city has to come together to enable a kind of living environment where people like to live and work in the future and to design that, to have a holistic approach to that urbanization trend.

The numbers you sent over are staggering.

Urban populations of south asia and sub-saharan africa set to double in the next 20 years.

That is more than half the population on the globe.

What are the key things that cities need to do to the able to take a holistic approach to support this development in a green way?

That is the important approach.

The city approaches it from a general sense of looking at the infrastructure.

Just think about london.

We are used to a victorian infrastructure.

Clearly, cities in china or africa now have the opportunity to really think afresh about how architecture should look in the future to future-proof a city for future urbanization.

Just to build -- think about that in 2050 we will have 75% of the world population living in urban centers of the sort we are used to here in london.

It is about thinking through not only the transport and architecture, but also how is the social environment going to be shaped?

That is what we mean by a holistic approach.

What about the so-called internet of things?

When you tell me that my thermostat is going to be speaking to my garage door, that suggests that everything that was once mechanical is going to be wired up and perhaps you could be draining a lot of batteries.

Do you think the internet of things is going to drive energy efficiency?

Absolutely.

What applies to the large infrastructure of cities applies to your home environment as well.

Google recently acquired nast for $3.2 billion.

Again, what applies to the larger environment applies to you as well.

It is not only about energy efficiency.

It is looking at the whole environment at home and how you can be more efficient in using it.

Our thanks.

Guy, let's get over to you.

Let me talk to you about what is coming up.

For those listening on bloomberg radio, the first word is up next.

For our viewers, it is a second hour of "the pulse." spain, the economy back on track.

Now is the time that king carlos decides he is going to abdicate and leave the throne to his son.

What will that mean?

We go to madrid to find out both

This text has been automatically generated. It may not be 100% accurate.

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