Traditional System Jump into the Smart Buildings Game

The race is on to demonstrate that your integrated building energy management platform will drive Smart Buildings. Headlines are popping up every day announcing new ways to increase energy efficiency, drive down electricity consumption, or effectively participate in demand response programs. Will we see integrated energy management platforms promote smart buildings that can shrink the sector's energy consumption from 40% of the US energy pie?

Here are some announcements from this week alone: IBM announced that it is coordinating with Schneider Electric to provide building management systems that can shed up to 30% of a buildings energy costs; Carrier Corp. announced its new AdvanTE3C Solutions Center housing a new division of experts poised to leverage the company's HVAC expertise to provide "energy efficient and custom-engineered building solutions; and even Eaton - a power management company traditionally focused on electrical components, announced a slew of energy efficient building solutions.

So experts from HVAC to IT are entering the arena of Smart Buildings. A logical market shift when you think of the scale of opportunity in the building sector, but why is there such a flurry of activity today? It's possible the tide is changing and companies are noticing. While we have little hope for a comprehensive climate or energy policy to mandate change in energy consumption, there are sufficient drivers for investment in energy efficiency and demand response technologies.

Demand Response programs are proving to be effective mechanisms for shaving peak demand. And policymakers are taking note. In Pennsylvania, Act 129 mandates a reduction in electricity consumption of 3% and a 4.5% reduction in peak demand by May 2013. This means over one thousand megawatts of electricity will be eliminated from peak demand (along with a reduction of 4.4 million MWh). That's a significant opportunity for providers of demand response and energy efficiency technologies from only one state's regulation.

The White House is getting in on the act too. President Obama's Executive Order 13514 mandates leadership in sustainability from the Federal Government and includes provisions for sustainable buildings. The Federal government owns about 445,000 buildings covering over 3 billion square feet of space. These buildings consume approximately 24 million MWh of electricity; and every one of them must establish a building performance target. Energy efficiency is a proven, cost-effective mechanism for reducing electricity demand; therefore, this Executive Order presents enormous opportunity in the public sector alone.

So while there is not one singular Federal mandate for Smart Buildings, there are effective incentives for employing integrated energy management systems including energy efficiency and demand response technologies. The private sector is taking note, and jumping into this space we are calling Smart Buildings. Do you think the fragmented set of drivers will push investment in Smart Building technologies?

Join the newsletter!

Or
Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection

Tags energyindustry verticalsNorth AmericaEnergy Efficiency/Demand Response

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Casey Hogan

Unknown Publication
Show Comments

Essentials

James Cook University - Master of Data Science Online Course

Learn more >

Mobile

Victorinox Werks Professional Executive 17 Laptop Case

Learn more >

Exec

Budget

Back To Business Guide

Click for more ›

Brand Post

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Louise Coady

Brother MFC-L9570CDW Multifunction Printer

The printer was convenient, produced clear and vibrant images and was very easy to use

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Walid Mikhael

Brother QL-820NWB Professional Label Printer

It’s easy to set up, it’s compact and quiet when printing and to top if off, the print quality is excellent. This is hands down the best printer I’ve used for printing labels.

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?