Navigant Research estimates that the retrofit market for small and medium (size) commercial buildings (SMCBs) – those as large as 100,000 square feet – will grow from $24.1 billion this year to $38.6 billion in 2025.
Whether it closes or not, Tesla’s proposed acquisition of SolarCity is a tangible example of how technology crosses industry borders. Musk and Tesla, of course, made their biggest mark in the electric vehicle arena, not building energy management. But a key element of Tesla’s portfolio – advanced batteries – is increasingly important in buildings, which seldom go for a Sunday drive.
Exelon Corp is installing wind at a rapid pace, with 47 projects in 10 states — a total of 1,191 megawatts. It’s the 12th largest wind producer in the country, reports the Columbus Business Journal. Nearly 4 percent of its electricity portfolio comes from wind generation, it adds, noting that nuclear makes up two-thirds of it.
Arby’s restaurants has released the first report highlighting progress in its Corporate Social Responsibility initiatives.
Improving energy performance is the responsibility of everyone at General Motors — but a particularly important group for managers to tap into are those closest to the products the company makes, according to Mari Kay Scott, the, Executive Director of GM’s Environmental Compliance and Sustainability.
The Natural Resources Defense Council says that utilities can help facilitate the rollout of all-electric vehicles by deploying rapid charging stations and by creating campaigns to increase public awareness.
A story at Hospitality Technology traces the approach the Hyatt Hotel in Houston is using to upgrade its energy efficiency.
Organizations interested in the financial and environmental benefits of energy efficiency go to great lengths to reduce consumption. Some approaches – such as LED retrofits – are relatively easy. Others, such as the deployment of the Internet of Things (IoT) — are more intensive and carry a steeper price tag. What about just turning off and disconnecting the things that shouldn’t be turned on?