EEGR Buildings Target the 58% of all Energy Wasted Each Year
- May 18, 2021 7:22 pm GMT
The International Energy Agency identifies buildings as “a source of enormous untapped efficiency potential.” Buildings and their construction are responsible for over one-third of global energy consumption and nearly 40% of total CO2 emissions. When one considers that 58% of all energy produced is simply wasted. Digitizing the buildings sector is necessary to make efficient use of our finite energy resources and to decarbonize our electricity grid.
SensorSuite has created an Energy Cloud Ecosystem (ECE) that transforms the building sector from an energy deficit to an Energy Efficient Grid Resource (EEGR). A typical EEGR Building has 100 suites, 175 comfort zones, and a peak load approximating 350 kW. Through embedded analytics within SensorSuite’s Responsive Energy Management (REM), a portfolio of EEGR Buildings become DER equivalents under FERC 2222.
On average, each EEGR Building becomes a scalable capacity reserve of 70 kW/building. When these are aggregated within SensorSuite’s ECE, facility and portfolio managers now have a mechanism to measure, monitor, and manage liabilities associated with the growing energy demand of buildings now under their direct control. This provides owners of the EEGR Buildings portfolio a supplemental income stream in addition to the lowered operating costs and reduced carbon risks associated with improved building efficiency.
So how is this done?
SensorSuite recognized that the average floor area of buildings grew 2.5% year-over-year for nearly a decade. That meant that building sector energy consumption continued to grow despite improved energy intensities of buildings resulting from building envelope investments. When one centers their attention on the amount of energy we waste as a planet every single day, the solution emerges by personalizing the questions: How much energy am I wasting; how much is it costing me; what about my buildings and my tenants in aggregate?
The great thing about asking these questions is that a journey begins and a clear path forward is revealed. Buildings, buildings, and more buildings. Not just any buildings, but an aggregation of EEGR buildings; whereby, data upon data is collected, analyzed, and acted upon in near real-time. With high-resolution information at your fingertips, informed decisions can be made to resolve the largest inefficiencies in your portfolio.
The challenge of advanced data analytics is resolved by automation. Cloud-based computing brings enterprise scale capabilities to the operation of the smallest building in your portfolio or across every building in an expansive asset pool that crosses the entire country. By simply monitoring building system performance, the deployment of capital to eliminate energy waste can be made with clarity and confidence.
Furthermore, the Responsive Energy Management (REM) can coordinate hundreds of individual assets in thousands of isolated zones to leverage the thermal mass of the building to hit specific demand reduction targets; all while respecting the guardrails established by municipal mandates, property management, or the tenants themselves. This real-time interactive configuration of building systems is made possible by emergent IoT sensors and the robust tool sets made available via cloud computing and advances in artificial intelligence.
With SensorSuite’s REM, your ability to effectively collate and crunch vast data sets is now just a few clicks away. With over 13 billion data points collected across an exemplary 154 building portfolio, SensorSuite can benchmark your performance against both industry norms and other managed properties. When coupled with iterative building system commissioning, you are able to optimize building system operations while cultivating increased tenant satisfaction.
Through SensorSuite, an Energy Cloud Ecosystem provides you the broadest set of interactive controls to lower costs and enable a low-carbon future.
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