Intelligent Efficiency White Paper: Innovations Reshaping the Energy Efficiency Market
By Evelyn Neumayr on Jun 03, 2013
I recently read a white paper by Stephen Lacey from Greentech Media that I think you may find interesting. He talks about “intelligent efficiency” from an energy perspective. What is “intelligent efficiency” you ask? Stephen discusses the many significant advances in web-based monitoring, real-time data analytics, and utilities using peak pricing and how energy efficiency is now becoming an asset that companies can measure, manage, buy and sell. He talks about an emerging, information-driven approach to energy efficiency. Companies can get more granular information and are empowered to turn energy from a cost into an asset. This new paradigm is labeled “intelligent efficiency.”
While Stephen admits that information is not the only solution to breaking down all energy efficiency barriers, he notes that less expensive sensors are enabling the granular monitoring of every piece of equipment in a facility; web-based monitoring platforms are making energy consumption actionable; and analytic capabilities are allowing companies to find and predict trends. This intelligence is turning energy efficiency from a static, reactive process into a dynamic, proactive strategy.
Historically, energy efficiency was a one-dimensional process that involved replacing discrete pieces of equipment. But with instant communications and comprehensive analytical capabilities, efficiency is becoming an ongoing process – one that is connecting energy management, storage, distributed renewables, and traditional efficiency sectors to create a dynamic market. It is also enhancing project performance as real-time monitoring allows for ongoing adjustment and verification across facilities. You can read the white paper in its entirety here.