Energy Management Predictions for 2014
In its new report “Ten Predictions For Energy Management in 2014,” Verdantix says building energy management will explode in Japan. With all 54 of Japan’s nuclear power stations still offline in December 2013, the Japanese government is promoting energy efficiency and utility demand response programs to temper increased fossil fuel imports.
Other key energy management trends that will impact commercial, industrial and utility sectors in 2014 and beyond, according to Verdantix, include:
- Firms will power ahead with on-site solar electricity generation. In 2014 long-term financial savings, power reliability and reputational benefits will drive commercial and industrial firms to increase their proportion of renewable energy generated on site.
- Building control systems will integrate with lighting control systems. Historically, building control applications have been HVAC-centric, since heating and cooling were the elements of the building where controls could provide the most value. In 2014 building management systems will integrate with more types of control systems – particularly lighting control systems – due to advances in open and wireless communication protocols and the growing installation of LED lighting.
- Large-scale battery energy storage will gain access to broader energy markets. Large-scale energy storage has been under development for several decades, but apart from pumped hydroelectric storage it has largely been a market defined by government-funded pilots. Verdantix predicts increased use of energy storage for frequency regulation, particularly in the US, where more Independent System Operators (ISOs) and Regional Transmission Organizations (RTOs), such as those in Texas, are joining PJM to implement the 2011 FERC Order 755. This order rewards resources, including batteries and flywheels, which can react to grid signals at short notice.
- 6 Steps from Getting the Most From Every Lighting Retrofit
- Essential Guide to Lighting Retrofits and Upgrades
- What You Need to Know About Demand Charges
- The Top 5 Things You Should Know about Big Energy Data
- Integrated Building Optimization
- Energy Efficiency Ratings: Benchmarks that Drive Excellence in Building Design & Operations
- 2014 Insider Knowledge Report
- Smart Companies Utilize Integrated Energy Solutions
- 2014 Environmental Leader Product and Project Awards
- Alarms Management: The Future is Now
- Energy Efficiency Requires Engineering Efficiency
- Integrated Building Optimization: A Crucial Convergence of Demand-side and Supply-Side Energy Management Strategies
- Driving Productivity and Profit with Industrial Energy Management
- Energy Procurement in 2014: Products & Programs to Optimize Savings
- BUYING STRATEGIES IN A VOLATILE MARKET: What Businesses Need to Know about Retail Electricity Procurement