Smart Cities

New York Initiative Forges Virtual Power Plant Partnership

This summer, Con Edison and SunPower Corp. will partner on a $15 million pilot program to offer solar power systems with battery storage to more than 300 New York homeowners. The aggregation of hundreds of homes with solar power and battery storage will provide the utility with a cost-effective and innovative virtual power plant, providing participating homeowners with a backup system in case of an outage while also supplementing the traditional energy delivery model to improve grid resiliency, reliability and sustainability. “Distributed Energy can be more practically integrated into a Smart Grid if it is aggregated through Virtual Power Plants (VPPs). VPPs generate additional value from the flexibility they can offer the grid. They can match load fluctuations through forecasting, advance metering and computerised control, and can perform real-time optimisation of energy resources”, explains our most recent report: The Market for Building Performance Software 2016 to 2020. With the integration of over 1.8 megawatts of […]

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Smart Buildings

Podcast #9: Are we Crossing the PropTech Chasm?

In this new Podcast series, Memoori explores the intersection between technology and commercial real estate through interesting conversations. Are we Crossing the PropTech Chasm? In episode #8 we talked to Geoffrey Moore, best selling author and business strategist known for his working including ‘Crossing the Chasm: Marketing and Selling Disruptive Products to Mainstream Customers‘. We […]

Security

The Security of Supply & Supply of Security

Despite almost two years of challenges and uncertainty posed by the COVID-19 pandemic, the global physical security market has demonstrated a remarkable degree of resilience. The pandemic is reshaping the industry, turbo-charging certain emerging business models, whilst it also continues to make our societies safer; not just from the pandemic but also from crime and […]

Smart Buildings

WeWork Differently Now

It wasn’t that long ago that WeWork’s rapid rise and fall was a regular feature in business and financial news but it soon faded into the background as the COVID-19 pandemic took center stage across all media. Taking the company out of the spotlight was likely already a strategy for Sandeep Lakhmi Mathrani when he […]

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