Grid-Interactive Buildings Market Research
Energy

Energy Management Software for Grid-Interactive Buildings

Market Sizing & Competitive Landscape 2024 to 2029

License

Enterprise Wide License

Published Date

Q4 2024

Report Contents

Spreadsheet, 18 Charts, 221 Pages, Presentation Slides

This report is a new 2024 study that provides a detailed market forecast for Grid-Interactive Buildings, broken down by technology and region.

The commercial real estate sector is undergoing a fundamental transformation in how buildings interact with and manage energy resources. Grid-Interactive Efficient Buildings (GEBs) are emerging as a critical solution for property stakeholders facing mounting pressures from rising energy costs, stringent regulatory requirements, and ambitious carbon reduction targets.

This new research identifies a robust ecosystem of 130 companies providing GEBs integration solutions. These vendors are developing sophisticated platforms that combine demand response capabilities, distributed energy resource management systems (DERMS), and AI-driven optimization tools to create more resilient and sustainable building operations.

The report includes, at no extra cost, a spreadsheet containing the data from the report and high-resolution presentation charts showing the key findings. It is the second in a 2-part series of reports, with the first report on AI HVAC Optimization having been published last month.

Both these reports are included in Memoori’s 2024 Premium Subscription Service, which also gives access to our chatbot AIM, where you can query all our research using the power of Large Language Models (LLMs).

Grid-Interactive Buildings Technology Stack

Our infographic above provides an overview of how commercial buildings integrate with the electrical grid using advanced energy management technologies and DERs. It highlights the relationships between building operations, the technology stack, and the grid stakeholders, showing the interconnected systems and data flows that optimize energy use, enable grid services, and allow buildings to generate and manage energy locally.

Market Breakdown by Application

The global market for energy management software in Grid-Interactive Buildings can be broken down into 4 key application areas, each serving distinct functions that support grid reliability, optimize energy usage, and enhance building flexibility.

  • Demand Response & Virtual Power Plants (VPPs) allow buildings to reduce or shift energy consumption in response to grid signals, helping stabilize demand during peak times.
  • Distributed Energy Resource Management Systems (DERMS) & Microgrids enable buildings to manage and control on-site renewable generation and storage, providing resilience and allowing participation in local energy trading.
  • Distributed Energy Storage software maximizes the efficiency and lifespan of on-site batteries, allowing buildings to store energy for use during peak demand or grid outages.
  • EV Charging & Flexible Load Management solutions manage the high energy demands of electric vehicle (EV) charging, distributing load intelligently to avoid grid strain and, in some cases, using EVs as mobile energy storage units.

Each of these application areas plays a crucial and distinct role in transforming commercial buildings into active, responsive participants in the energy grid.

Scope

This report focuses on energy management software specifically designed to support Grid-Interactive Buildings, particularly commercial buildings. The analysis covers software technologies that enable buildings to optimize energy use, contribute to grid stability, and participate in demand-side management programs through grid-responsive behaviors. In addition to the 4 areas mentioned above other areas considered in Scope include Advanced Metering Infrastructure (AMI) and Data Integration and Interoperability Solutions.

Areas OUT of the Scope of this report include software for HVAC optimization covered in our previous report, Thermal Energy Storage solutions, Energy Trading platforms, and Energy Reporting tools.

WITHIN ITS 221 PAGES AND 18 CHARTS, THE REPORT FILTERS OUT ALL THE KEY FACTS AND DRAWS CONCLUSIONS, SO YOU CAN UNDERSTAND EXACTLY HOW ENERGY MANAGEMENT SOFTWARE IS IMPACTING GEB SYSTEMS AND WHY;

  • The global market for energy management software in Grid-Interactive Efficient Buildings (GEBs) is poised for significant growth. The report projects revenues to increase from $2.98 billion in 2023 to $4.88 billion by 2029, representing a compound annual growth rate (CAGR) of 8.56%. This expansion is driven by increasing regulatory pressures, rising energy costs, and the growing demand for building energy resilience.
  • The market for grid-interactive buildings has experienced significant consolidation and investment activity since 2021, reflecting the sector’s rapid evolution and strategic importance. Major acquisitions have focused on expanding AI-driven capabilities, enhancing distributed energy resource (DER) integration, and strengthening VPP capabilities. Notable deals include Fluence’s purchase of Nispera, and Budderfly’s acquisition of Sunverge Energy’s DERMS platform.
  • Investment activity remains robust despite challenging market conditions, with over $4 billion in disclosed funding across 60 private companies in the sector. The average funding round stands at $67 million, with typically seven investors participating per round.

For Only $3,000 USD this report provides valuable information to companies so they can improve their strategic planning exercises AND look at the potential for developing their energy management software business. The final part of the report provides a thorough competitive landscape analysis, profiling key players, market leaders, and emerging startups. This includes an overview of strategic partnerships, mergers, and acquisitions in the sector.

Distribution of Grid-Interactive Building Software Companies by Region

The chart above shows that the Americas dominate the market in terms of the number of companies, accounting for 50% of all of the grid-interactive building software companies identified. This leadership reflects the region’s substantial investment in energy efficiency and grid-interactive building software, supported by a mature regulatory environment and access to significant capital resources.

WHO SHOULD BUY THIS GEBs REPORT?

The information contained in this report will be of value to all those engaged in managing, operating, and investing in Commercial Buildings (and their Advisors) around the world. The report aims to help stakeholders make informed decisions that will drive the future of GEBs and energy management.

Table of Contents

  • Preface
  • Research Scope
  • Methodology
  • Definitions
  • 1. Introduction
    • 1.1 An Introduction to Grid-Interactive Efficient Buildings
    • 1.2 The Role of Software
  • 2. Key Enabling Technologies
    • 2.1 The Technology Stack
    • 2.2 IoT & Big Data
    • 2.3 Advanced Metering Infrastructure (AMI)
    • 2.4 Demand Response and Load Management
    • 2.5 Renewables & Distributed Energy Resources
    • 2.6 Energy Storage Systems
    • 2.7 EV Charging & Vehicle-to-Grid Integration
    • 2.8 Role of AI in Grid-Interactive Commercial Buildings
  • 3. General Benefits & Opportunities
    • 3.1 Operational Improvements
    • 3.2 Economic Benefits
    • 3.3 Environmental Benefits
    • 3.4 Grid Integration & Interactivity Benefits
    • 3.5 Future Readiness
  • 4. Vertical Market Opportunities
    • 4.1 Vertical Market Overview
    • 4.2 Offices
    • 4.3 Retail
    • 4.4 Hospitality
    • 4.5 Warehouses & Distribution Centers
    • 4.6 Data Centers
  • 5. Implementation Recommendations
  • 6. Market Drivers
    • 6.1 Global Energy Landscape
    • 6.2 Renewables and the Energy Transition
    • 6.3 Electrification & Grid Modernization
    • 6.4 The Emergence of Energy Trading Markets
    • 6.5 The Falling Cost of Key Technologies
    • 6.6 Green Financing and Sustainability Initiatives
    • 6.7 Policies and Regulations
  • 7. Challenges and Barriers
    • 7.1 Grid Related challenges
    • 7.2 Financial Barriers
    • 7.3 Customer Awareness and Acceptance
    • 7.4 Skills and Workforce Barriers
    • 7.5 Market Participation and Policy Barriers
    • 7.6 Cybersecurity
  • 8. Global Market Forecast (2024-2029)
    • 8.1 Global Market Size and Growth
    • 8.2 Global Market Breakdown by Application
  • 9. Regional Analysis
    • 9.1 Regional Market Breakdown
    • 9.2 Region-Specific Drivers and Barriers
  • 10. Competitive Landscape
    • 10.1 Distribution of Grid-Interactive Building Software Companies by Region
    • 10.2 Distribution of Companies by Size
    • 10.3 Distribution of Companies by Age
  • 11. The Strategic Positioning of Key Players
    • 11.1 Energy Companies
    • 11.2 Smart Infrastructure Leaders
    • 11.3 Innovative Startups and Emerging Players
  • 12. Investment Trends and M&A
    • 12.1 Mergers and Acquisitions
    • 12.2 Partnerships & Alliances
    • 12.3 Investment Trends

List of Charts and Figures

  • Fig 1.1 – Global Electricity Consumption in Commercial Buildings
  • Fig 1.2 – Global Investment in Digital Infrastructure for Electricity Grids
  • Fig 2.1 – Technology Stack: Energy Management for Grid-Interactive Commercial Buildings
  • Fig 2.2 – Installed Base of IoT Devices in Commercial Smart Buildings
  • Fig 2.3 – Building Flexibility Load Curves
  • Fig 2.4 – Global Investment in Renewable Energy
  • Fig 2.5 – Global Investment in Grids & Storage
  • Fig 2.6 – Annual Battery Energy Storage Capacity Additions
  • Fig 3.1 – Net Present Value & Annual Cost Savings of Grid-Interactive Buildings
  • Fig 4.1 – Energy Intensity in US Commercial Buildings
  • Fig 6.1 – The Falling Cost of Key Technologies
  • Fig 8.1 – Energy Management Software for Grid-Interactive Commercial Buildings – Global Market Forecast
  • Fig 9.1 – Energy Management Software for Grid-Interactive Commercial Buildings – Regional Breakdown
  • Fig 9.2 – Energy Management Software for Grid-Interactive Commercial Buildings – Revenues by Application & Region
  • Fig 9.3 – Increase in Annual Clean Energy Investment, Selected Countries and Regions
  • Fig 10.1 – Distribution of Grid-Interactive Building Software Companies by Region
  • Fig 10.2 – Distribution of Grid-Interactive Building Software Companies by Size
  • Fig 10.3 – Distribution of Grid-Interactive Building Software Companies by Age

Companies Mentioned INCLUDE (but NOT limited to)

ABB | Albireo Energy, LLC | Ameresco, Inc. | Ampeers Energy | Axle Energy | Bamboo Energy | Bidgely | BluWave-ai | BP | Budderfly | C3 AI | Cactos | Calibrant Energy | Canopy Power | Cheesecake Energy | Connected Energy | Convergent Energy & Power | CPower Energy Management | Cybergrid Gmbh | Danfoss | David Energy | Demand Q (formely eCurv) | Duke Energy | Dynamic Energy | E.ON | Eaton Corporation | EDF | Elum Energy | Elyos Energy | Emerson | Enel X | Enequi | EnergyHub | ENGIE | Enphase Energy | Equilibrium Energy | FlexGen | Fluence | Fortum | Franklin Energy | Freedom Energy | Frequenz | Fuergy | Fusebox | GE Digital | Grid Edge | GridBeyond | GridCog | Gridium | GridPoint | Gridwiz | Hanwha Q Cells | Hitachi | Honeywell | Huawaei | Iberdrola | IBM | Innowatts | Intellihub | Itron | Johnson Controls | Kamstrup | Kitu Systems | Kiwigrid | Kohler Co. | Korea Electric Power Corporation (KEPCO) | Landis+Gyr | Leap | Limejump | Mitsubishi Electric | Moduly | mPreset | Myrspoven | Mysa | Nantum AI (formerly Prescriptive Data) | neoom | Oaktree Power | On.Energy | Origami Energy | Orus Energy | Pathion | Peak Power | Phoenix Energy Technologies | Polarium | Power Factors | Powerhouse Dynamics | Restore (Centrica) | Schneider Electric | Siemens | SPIRAE | Stem | Sungrow Power Supply Co | Sunverge Energy | SwitchDin | Sympower | Tangent Energy | Tesla Energy | Tesvolt | Uplight | Vertiv | Virtual Peaker | Voltfang | Voltus | Watchwire | Xendee.

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