There are a number of offerings in the marketplace that do some variation of what IBM Watson and Current are doing: Taking data from sensors in buildings and applying advanced analytics to generate information and insights that can create efficiencies and cut costs. It is important to look at the nature of the vendor as well as its technology.
The CoStar Group last week announced a partnership with the U.S. Department of Energy (DoE) that will make far more information about commercial and industrial buildings’ energy efficiency easily accessible.
Mountains of data are becoming available to energy managers. The challenge is processing and displaying it all in ways that make the goals – increasing efficiency and saving money – more likely to be realized.
Good and deep data is the key to energy efficiency. This, in turn, drives savings and is important in creating a better image for the organization. However, it is surprising how manual the billing and energy data processes remain.
Oil and natural gas prices have fallen 1.2 percent since June 2014, according to the Bureau of Labor Statistics.
A program aimed at generating energy savings for multifamily housing units in Connecticut–Benchmark CT–has launched. The program currently is available for 1,600 buildings. It is a partnership between the Connecticut Housing Finance Authority (CHFA), the Connecticut Green Bank (CGB) and WegoWise. The latter provides monitoring and analytics that reduces energy and water use in multifamily …Continue Reading
Energy services and software providers tend to perform a variety of strategic activities, including performing building audits, evaluating peak demand, implementing energy efficiency products for customers, qualifying customers’ risks in deregulated energy markets, creating detailed energy reports, etc. All of these activities have one, rather cumbersome thing in common: they require the aggregation of utility data, and manual approaches are inefficient and …Continue Reading
All of us – including energy managers – live in a world in which decisions are based on multiple variables. Pluses and minuses are compared and contrasted and a final determination is made. ASHRAE has just released news of what seems to be a very valuable exercise that looked at energy efficiency initiatives a bit …Continue Reading
Energy managers, especially those who work in heavily corporate environments and support facilities that are served by multiple utilities, have a problem: CEOs and CFOs are reluctant to take steps to increase energy efficiencies and cut costs because utilities are not doing a good job of providing the very specific data upon which decisions are based. The …Continue Reading