Smart Buildings

Smart Buildings Can Be ‘The Nodes’ Of The Smart Grid

“As nodes of the smart grid, smart buildings will become increasingly active participants in the energy eco-system, moving beyond simply being served by the Smart Grid, they can also become an integral part of it”, this is just one of the findings from our recent reports: The Market for Building Performance Software 2016 to 2020 & Smart Buildings Meet the Smart Grid 2015 to 2020. Demand for electricity continues to grow around the world. In the US, some estimates expect demand to increase as much as 40% by the year 2030. Traditional approaches to meet this demand would require significant resources for additional generation and traditional business models have discouraged end node participation. Utilities have habitually provided both price and risk arbitrage to the end nodes. This double arbitrage has reduced end-node interest in working with the grid, and reduced consumer propensity to offer premium prices to different power generators. While making the grid “smart” […]

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