TUYA(US:TUYA) Prnewswire·2024-01-12 13:15Core Insights - Tuya Smart has introduced its Home Energy Management System (HEMS) and Net Zero Solutions at CES 2024, reinforcing its position in the smart energy industry [1][8] - HEMS aims to optimize household energy management by establishing a real-time interactive relationship between power supply and consumption, thereby reducing energy costs and waste [2][4] - The Net Zero Solutions target various sectors, including office buildings and smart cities, utilizing AI and IoT for intelligent energy management [5][6] Group 1: Home Energy Management System (HEMS) - HEMS is designed to manage household energy consumption intelligently, providing visual management of energy data and minimizing usage costs [2] - The system has been implemented in Singapore, resulting in an average energy saving of 25% and up to 54% in some households [3] - At CES 2024, HEMS showcased key information such as storage rates and energy costs to assist users in making informed decisions [4] Group 2: Net Zero Solutions - Tuya's Net Zero Solutions are developed to address global climate challenges and promote sustainable development, aligning with the trend towards intelligent and green technology [5] - These solutions provide comprehensive support for developers, enabling the rapid construction of personalized Net Zero Solutions for various scenarios [6] - Implementations in construction and smart cities have shown energy consumption reductions ranging from 15% to 30% [7] Group 3: Industry Position and Future Outlook - Tuya's innovations have received widespread recognition at CES 2024, highlighting the company's technological capabilities in the energy sector [8] - The company encourages global developers to collaborate in leveraging innovative technologies to tackle energy and climate challenges [8] - Tuya remains committed to integrating AI and IoT to provide innovative solutions for the energy industry [8]