Smart Buildings

Why Big Oil is Investing in Clean Energy & Smart Buildings

The statistic that 40% of energy consumption comes from buildings is well-used when highlighting the much-needed work of energy optimization solutions. However, on the other side of that coin is the fact that buildings, especially inefficient buildings, are the energy industry’s biggest customer group. Consequently, the thought of “big oil” supporting the growing energy management industry, which strives to reduce energy consumption through better efficiency, is a little surprising. Recent investments from oil giant BP suggest that energy efficiency might have gained an unexpected supporter. In July 2018, BP’s venture capital branch BP Ventures invested £1.5 million in London-based electricity data intelligence company Voltware, which provides sensors and an AI-based electricity data intelligence platform specializing in energy disaggregation and energy-saving advice. Then, in October 2019, BP Ventures led a Series A funding round for Grid Edge, another developer of AI technology but one that focuses specifically on predicting, controlling and optimizing the energy profile of […]

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Most Popular Articles

Smart Buildings

Bravida’s Smart Building Automation Business Examined

In this Research Note, we examine the building automation business of Bravida Holding AB, a 100-year old Swedish company with a vision statement of “bringing buildings to life”.   This analysis is based on their 2021 Annual Report, investor presentations, growth strategy and M&A activities. Bravida operates in the Nordic market for technical service and installation of buildings and facilities. Bravida’s core […]

Smart Buildings

Delta Building Automation Business and 2021 Financials Examined

In this Research Note, we examine Delta Electronics building automation business, based on their 2021 financial results, investor presentations, growth strategy and M&A. Delta Electronics is a Taiwanese manufacturer specializing in power and thermal management solutions. The group’s 2021 consolidated sales revenues were NT$314,671 million (USD 10.66 billion), an 11% increase as compared to 2020. The group has three reportable […]

Smart Buildings

Time to put Inefficient Buildings in the Climate Change Spotlight

Within the industry, we talk a lot about the environment-saving potential of smart buildings. How our buildings are responsible for 40% of global energy consumption and 33% of greenhouse gas emissions, and how smart technology can be used to reduce that significant contribution to climate change. However, despite that unparalleled environmental impact, we rarely see […]

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