Smart Cities

Intelligent Energy Demand Needs Intelligent Energy Supply

Buildings and the electricity grid are inextricably linked. The building sector represents up to 75% of all electricity usage and is also a disproportionately large contributor to peak energy demand, according to our recent report. The electricity grid, including power generation, must serve that demand, and to do so efficiently, it must develop a deep understanding of energy demand in our ever-evolving buildings. These two traditional industries are gradually exploring the potential of artificial intelligence (AI) to create efficiency and flexibility for their individual needs, but the true potential lies in the deep interconnection of intelligent energy supply with intelligent energy demand. That potential can only be reached with the convergence of data and energy. “If you step back for a moment you realize there are two (separate) trillion-dollar industries—the energy industry and the data and information industry—which are now intersecting in a way they never have before,” said Arun Majumdar, Stanford University Jay Precourt […]

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Most Popular Articles

Smart Cities

A New Dawn for Solar Power in the Smart Buildings Sector?

There are over 8 billion square meters of rooftops on which solar panels could be installed in the US alone. This represents over 1 terawatt of potential solar capacity, which is roughly equivalent to all the installed solar power on earth today, or 6% of global energy consumption. Furthermore, recent advances in solar panel efficiency and usability […]

Security

SPACS: The 800-pound Gorilla in the PropTech Room

In the same week in July, two more special purpose acquisition company (SPAC) mergers in the smart building security space wrestled with this alternative IPO approach. First, Crown Proptech Acquisitions failed in their attempted merger with access control firm Brivo after the deadline passed before they were able to raise the funds required. Then, 5 […]

Smart Buildings

Incorporating BIM Data into IWMS & BIoT Platforms for Building Operations & Maintenance

This Research Note highlights the trends in Building Information Modelling (BIM) in the building operations and maintenance sector and reviews the activities of the major players across the Integrated Workplace Management Systems (IWMS), Building Management Systems (BMS) and Building Internet-of-Things (BIoT) sub-sectors. Building Information Modelling (BIM) has established itself as a key software in the […]

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