Cleantech Group Releases Report on Energy Efficiency in Commercial Buildings

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Energy efficiency is poised to overtake solar as a top investment category in 2010 as IT vendors battle to greater visibility and control over energy use

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“Commercial office buildings consume 40% of the electricity produced in the U.S. and 18% of total U.S. energy,” said Sheeraz Haji, president of the Cleantech Group.

The Cleantech Group, the leading global research and advisory firm focused on cleantech innovation, today announced the release of As Energy Efficiency Booms, Buildings Get a Brain, a comprehensive analysis of energy efficiency innovations in commercial office buildings. The report was produced through extensive research and interviews with leading corporations, investors, early stage ventures, and industry influencers.

“Commercial office buildings consume 40% of the electricity produced in the U.S. and 18% of total U.S. energy,” said Sheeraz Haji, president of the Cleantech Group. “Our analysis shows that energy efficiency is poised to overtake solar as a top investment category in 2010, and commercial buildings represent a prime target. Lower investment costs, financial incentives, and faster payback periods are fueling product competition as data-driven technologies battle over the building’s brain.”

The Cleantech report, an installment of the firm’s flagship enterprise research subscription, suggests that the market for efficiency innovations is changing as governments and investors become more focused on energy performance within buildings carbon risk exposure becomes more prominent. Governments with targets for reducing carbon and energy independence are pushing hard for performance monitoring and are pouring money into the sector. And many building owners and investors are beginning to realize that green building labels such as LEED certification don’t necessarily equate to expected operational savings.

"As the Cleantech Group’s new research highlights, true building efficiency can only be achieved when executives take a more holistic view of their portfolio of buildings," said Andrew DeGuire, vice president, strategy and acquisitions, Johnson Controls. "Robust building control systems can be networked within buildings and across a portfolio to integrate security, lighting and HVAC with other enterprise applications, providing real-time data to track performance, decrease operating costs, and set future efficiency goals."

The focus on performance is driving an information and communication technologies (ICT) invasion of buildings to enable greater visibility and control as vendors compete to be the gateway to building intelligence. Data-driven energy efficiency products and services look poised to grow, including low-powered Wi-Fi sensors, energy management software, building automation, and smart lighting and windows.

“Cleantech sales channels will broaden with expanded corporate activity in facilities,” observed Emma Ritch, co-author of the report and senior analyst at the Cleantech Group. “Beyond Cisco, big corporations like IBM, Sodexo, Veolia, and Boeing see new markets in building energy efficiency. For cleantech startups, they provide a host of new opportunities for partnerships, pilots, and sales.”

About the Cleantech Group, LLC
The Cleantech Group, the leading global research and advisory firm focused on cleantech innovation, pioneered the clean technology category in 2002. Today, it helps its clients make critical business decisions by providing the latest market intelligence through subscription-based research, custom advisory services, and global networking events. The company’s growing international client base includes global corporations, investors, entrepreneurs, governments, and service providers. The company also produces the premier Cleantech Forum® and Focus™ events worldwide, including upcoming events in Paris, Boston, New York, Chicago, and Los Angeles. Details are available at http://www.cleantech.com.

Media contact:
Elke Heiss
Sterling Communications, Inc.
Tel: +1 (415) 992-3209

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