|By Business Wire||
|February 6, 2013 09:01 AM EST||
FirstFuel Software, the market-leading building energy analytics company, today announced that half of all energy efficiency savings in commercial buildings are achievable through operational improvements, at little or no cost to building owners and operators. This finding is drawn from an analysis of a representative sampling of buildings from FirstFuel’s utility and government customers, which is available for download through the accompanying FirstFuel Operational Savings Infographic.
“While building retrofits remain the primary focus within commercial energy efficiency, our deep analysis of interval data reveals that a vast savings opportunity still remains largely untouched,” said Swapnil Shah, co-founder and CEO of FirstFuel. “These findings show that the commercial building sector has a chance to essentially double the potential for energy savings, while simultaneously slashing efficiency implementation costs by a significant margin.”
Achieving Energy Efficiency Through Operational Changes
Using its Remote Building Analytics (RBA) platform, FirstFuel performed complete, zero-touch audits of the commercial building sample, using only utility meter data. The sample accounted for more than 60 million square feet, and represented a balance cross-section of the medium and large U.S. commercial market in terms of building size, building type, and geography. According to the U.S. Department of Energy, commercial buildings consumed 19 percent of all energy in the U.S. in 2011.1
The FirstFuel analysis revealed that 51 percent of all energy efficiency opportunities from the sample – representing over $12 million in savings– could be achieved through low and no-cost operational improvements. When extrapolated to the entire U.S. commercial building market, the total savings potential for operational improvements represents a $17 billion opportunity.
FirstFuel’s analysis also yielded insights into the most common operational savings opportunities. These building inefficiencies are often difficult to uncover, but can be implemented immediately by building operators once identified:
- HVAC Scheduling – Nearly 60 percent of sampled buildings were ready for occupancy more than an hour before people arrived and commonly ran for two-to-four hours after people left the building. Coordination of building automation with occupancy represented nearly 20 percent of the total operational savings opportunity identified in the analysis.
- Equipment Sequencing – In buildings with multiple forms of heating or multiple stages of cooling, the equipment was often improperly sequenced, running the less efficient equipment when not required. More than 60 percent of sampled buildings demonstrated equipment sequencing inefficiencies.
- Simultaneous Heating and Cooling – Efficient buildings transition from heating to cooling at a defined temperature. FirstFuel’s analysis revealed that heating and cooling often run simultaneously around that transition temperature, especially in buildings with electric heat. In numerous instances, buildings were still using heating systems during outside temperatures of 70+ degrees, with building cooling systems working in “overdrive” to compensate for the over-heated air.
FirstFuel’s market-leading Remote Building Analytics platform uses advanced analytics on utility interval meter data to identify, enable, and track energy efficiency savings behind the meter in commercial buildings – all without onsite visits or device installations. The company is working with over half-a-dozen of North America’s largest utilities and two government customers, including the Department of Defense, to identify major operational and retrofit savings opportunities.
“Utilities in regulated and de-regulated markets, as well as government agencies, are recognizing how operational improvements in commercial buildings can help them meet targets in a highly cost-effective and impactful manner,” added Shah. “More and more, they see taking full advantage of operational savings as the best path forward.”
For more information, and to view the FirstFuel Operational Savings Infographic, please visit: http://blog.firstfuel.com.
About FirstFuel Software
FirstFuel Software is the building energy analytics company that helps utilities and government agencies deliver scalable energy efficiency across their commercial building portfolios. The company’s Remote Building Analytics platform uses advanced meter data analytics to identify, enable, and track energy efficiency savings behind the meter in commercial buildings - all without onsite visits or device installations. Designed to be rapidly and cost-effectively deployed across hundreds or thousands of commercial buildings, FirstFuel changes the scale at which the sector can achieve its energy efficiency goals. Founded in 2009 and privately held, FirstFuel is headquartered in Lexington, Mass. For more information, please visit www.firstfuel.com.
1 U.S. DOE, Energy Information Administration (EIA) (2012) Annual Energy Review 2011
The IoT is changing the way enterprises conduct business. In his session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, discuss how businesses can gain an edge over competitors by empowering consumers to take control through IoT. We'll cite examples such as a Washington, D.C.-based sports club that leveraged IoT and the cloud to develop a comprehensive booking system. He'll also highlight how IoT can revitalize and restore outdated business models, making them profitable...
May. 25, 2016 10:45 PM EDT Reads: 2,585
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, wh...
May. 25, 2016 10:30 PM EDT Reads: 1,878
Many banks and financial institutions are experimenting with containers in development environments, but when will they move into production? Containers are seen as the key to achieving the ultimate in information technology flexibility and agility. Containers work on both public and private clouds, and make it easy to build and deploy applications. The challenge for regulated industries is the cost and complexity of container security compliance. VM security compliance is already challenging, ...
May. 25, 2016 10:00 PM EDT Reads: 1,065
SYS-CON Events announced today that ContentMX, the marketing technology and services company with a singular mission to increase engagement and drive more conversations for enterprise, channel and SMB technology marketers, has been named “Sponsor & Exhibitor Lounge Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York City, New York. “CloudExpo is a great opportunity to start a conversation with new prospects, but what happens after the...
May. 25, 2016 10:00 PM EDT Reads: 885
The pace of innovation, vendor lock-in, production sustainability, cost-effectiveness, and managing risk… In his session at 18th Cloud Expo, Dan Choquette, Founder of RackN, will discuss how CIOs are challenged finding the balance of finding the right tools, technology and operational model that serves the business the best. He will discuss how clouds, open source software and infrastructure solutions have benefits but also drawbacks and how workload and operational portability between vendors...
May. 25, 2016 09:00 PM EDT Reads: 1,770
The essence of data analysis involves setting up data pipelines that consist of several operations that are chained together – starting from data collection, data quality checks, data integration, data analysis and data visualization (including the setting up of interaction paths in that visualization). In our opinion, the challenges stem from the technology diversity at each stage of the data pipeline as well as the lack of process around the analysis.
May. 25, 2016 08:30 PM EDT Reads: 1,214
As machines are increasingly connected to the internet, it’s becoming easier to discover the numerous ways Industrial IoT (IIoT) is helping to shape the business world. This is exactly why we have decided to take a closer look at this pervasive movement and to examine the desire to connect more things! Now if you need a refresher on IIoT and how it is changing the world, take a moment and listen to Greg Gorbach with ARC Advisory Group. Gorbach believes, "IIoT will significantly change the worl...
May. 25, 2016 08:00 PM EDT Reads: 1,829
Enterprise networks are complex. Moreover, they were designed and deployed to meet a specific set of business requirements at a specific point in time. But, the adoption of cloud services, new business applications and intensifying security policies, among other factors, require IT organizations to continuously deploy configuration changes. Therefore, enterprises are looking for better ways to automate the management of their networks while still leveraging existing capabilities, optimizing perf...
May. 25, 2016 07:00 PM EDT Reads: 1,056
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit y...
May. 25, 2016 06:00 PM EDT Reads: 1,888
SYS-CON Events announced today that MangoApps will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. MangoApps provides modern company intranets and team collaboration software, allowing workers to stay connected and productive from anywhere in the world and from any device. For more information, please visit https://www.mangoapps.com/.
May. 25, 2016 05:45 PM EDT Reads: 488
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 19th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo New York Call for Papers is now open.
May. 25, 2016 05:00 PM EDT Reads: 1,723
Designing IoT applications is complex, but deploying them in a scalable fashion is even more complex. A scalable, API first IaaS cloud is a good start, but in order to understand the various components specific to deploying IoT applications, one needs to understand the architecture of these applications and figure out how to scale these components independently. In his session at @ThingsExpo, Nara Rajagopalan is CEO of Accelerite, will discuss the fundamental architecture of IoT applications, ...
May. 25, 2016 04:45 PM EDT Reads: 951
In his session at 18th Cloud Expo, Bruce Swann, Senior Product Marketing Manager at Adobe, will discuss how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects). Bruce Swann has more than 15 years of experience working with digital marketing disciplines like web analytics, social med...
May. 25, 2016 04:00 PM EDT Reads: 1,194
SYS-CON Events announced today that Enzu, a leading provider of cloud hosting solutions, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Enzu’s mission is to be the leading provider of enterprise cloud solutions worldwide. Enzu enables online businesses to use its IT infrastructure to their competitive advantage. By offering a suite of proven hosting and management services, Enzu wants companies to foc...
May. 25, 2016 03:45 PM EDT Reads: 2,125
Customer experience has become a competitive differentiator for companies, and it’s imperative that brands seamlessly connect the customer journey across all platforms. With the continued explosion of IoT, join us for a look at how to build a winning digital foundation in the connected era – today and in the future. In his session at @ThingsExpo, Chris Nguyen, Group Product Marketing Manager at Adobe, will discuss how to successfully leverage mobile, rapidly deploy content, capture real-time d...
May. 25, 2016 02:45 PM EDT Reads: 1,443