SensorSuite - The emergence of Energy Efficient Grid Resources (EEGRs) to support decarbonizationPosted to SensorSuite in the Digital Utility Group
- Apr 24, 2021 5:00 am GMTApr 23, 2021 4:07 pm GMT
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This item is part of the Special Issue - 2021-04 - Innovation in the Power Industry, click here for more
Momentum is building for the replacement of fossil fuel consuming end-use technologies and transportation vehicles with no- or low-carbon alternatives. Societal mandates to decarbonize the building sector will require a fresh look at our infrastructure. The American Council for an Energy Efficient Economy (ACEEE) published a report by Steven Nadel and Adam Hinge which concluded the following: “To meet long-term climate goals, substantial energy savings and greenhouse gas emissions reductions must be obtained from existing buildings.”
At SensorSuite, we help government leaders and REIT executives to reframe their properties as distributed energy resources and enable those properties as critical components of a modern electricity grid. Terri Willis, the CEO of the World Green Building Council, highlighted that “... an astounding 40 percent of global resources and 25 percent of global water are used in buildings.”
Buildings, and more to the point a portfolio of buildings, can now be viewed as highly responsive thermal storage devices. Every minute living and work spaces are conditioned for health and comfort through the management of temperature, humidity, ventilation, and air quality. Using SensorSuite’s responsive enterprise management (REM) platform, urban high rises become despatchable energy efficient grid resources (EEGRs).
With updated climate commitments being announced by both the USA and CAN, building managers will face both incentives and penalties for the realization of carbon emissions reductions and energy savings. The question becomes how does the property manager realize these savings while keeping in-suite spaces both healthy and comfortable?
SensorSuite is keenly aware that these considerations must be kept top of mind, even as REITs seek to realize cost savings from the operation of their heating, ventilation, and air conditioning equipment. With Canada announcing a requirement of Federal agencies to report ESGs as part of the performance metrics, the signal has been sent to the private sector that similar reporting will be required.
As we heard on Thursday from what is being called the Biden’s Climate Summit, building energy efficiency will be realized from enhanced control of building systems and helping to shape occupant behaviors. The technologies available in the market today, support these buildings becoming more economic, more functional, and increasingly intelligent.
SensorSuite is focused on helping our clients deliver value for their clientele by reframing existing buildings as an energy efficient grid resource (EEGR). We do much more than simply managing a predetermined temperature set point while consuming the least amount of energy possible! We are entering the next frontier; moving beyond energy efficiency to energy productivity and tracking to energy interoperability with utility distribution smart grid infrastructure.
Climate, industry, and individual energy consumption are evolving so rapidly that utility distribution assets are being tested more often and to greater extents. In extreme circumstances, when electricity demand varies significantly from short term forecasts, something needs to give. In the many cases, the thing that “gives” is the grid. Black outs, brownouts, and emergency shutdowns require residential consumers to bear the brunt of the impact.
Our electricity grids were designed for one single purpose; to serve our growing appetite for connected devices. This led to load growth across the modern electricity network. As loads grew, so did our generation capacity. Societal investments in transmission and distribution networks also grew and with this growth we saw our utility bills rise.
The question to consider is this: Can we better manage the demand side of this equation? The resounding answer lies in the fact that 57% of all energy produced on this planet is wasted. Acknowledging this fact, SensorSuite coupled this with the industry need for operational reserves and aggregated demand response to support the electricity grid when and where it is needed to reinforce reliability standards sought by electricity grid operators.
SensorSuite provides property managers and REIT executives an intuitive and interactive dashboard that offers unparalleled insight into and control of energy and environmental systems used to condition building spaces for occupancy. We use a suite of interconnected sensors and controls to form a wireless mesh; commonly, referred to as the Internet of Things (IoT).
These IoT-enabled devices are commonplace today, allowing us to unlock doors or change lighting remotely, often via our smartphones. SensorSuite uses this capability to display real-time operating statistics of building equipment and provides for remote configuration of their controls. SensorSuite describes themselves as a provider of an IoT-centric building performance monitoring platform, which allows building performance to be actively managed to satisfy the unique requirements of individual occupants; thereby, raising tenant satisfaction while supporting national and local climate commitments.
When companies effectively leverage their energy efficiency toolsets to deliver demand side flexibility, everyone wins. The tenant gets an environment optimized for comfort, the owner realizes greater cost efficiencies, and the grid operator now has a partner in energy market modernization; moving society away from carbon based fuels to cleaner and greener generation resources.
To learn more about the tools available for this transformation, please visit www.SensorSuite.com.