Smart Buildings

Citigroup Touts Energy Storage to Hasten the Demise of Fossil Fuels

Global investment banking group, Citi, says wide deployment of battery storage will hasten the demise of fossil fuels and any utilities that remain focused on centralised generation. Citigroup expects a rapid fall in battery manufacturing costs and estimates a $400 billion energy storage market by 2030. Citigroup claims that the battery phenomenon will be even more profound than the solar revolution of the last decade, and warns that any traditional utilities that remain focused on centralised generation will be left behind. For this reason, energy storage has been included as part of Citigroup’s analysis of the 10 major investment themes for 2015, stressing the significance of continued development in this technology. The issue is rapidly moving beyond those focused on the utilities and energy markets. Energy storage is now becoming part of mainstream financial thinking, and because of that will have a profound influence on capital flows across the globe. Citi says improvements in battery […]

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Smart Buildings

Real Estate Service Firms Continue to Invest in Smart Building Tech in 2022

Acquisitions, partnerships and investments are playing an increasingly important role in implementing strategic goals for major stakeholders in the built environment, particularly in providing access to the range of innovative technologies being developed in the smart buildings space. We have seen a wave of investment by real estate services firms into technology solutions in 2021 with […]

Smart Buildings

Nordomatic Smart Buildings Business Examined

In this Research Note, we examine Nordomatic, the largest independent integrator of open, cloud-based smart building solutions in the Nordic region. This analysis is based on the Nordomatic 2021 Sustainability Report and their strategy to achieve global impact leadership within Smart Buildings by 2025. Founded in 1967 and headquartered in Stockholm, Sweden, Nordomatic reports a turnover of around SEK 1 billion (around $100 […]

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