Internet of Things: Connected Devices Enabling Energy Management

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Energy Management What's New What's Next Taking The Edge of Technology “Internet of Things (IoT) Connected Devices Enabling Energy Management”

Transcript of Internet of Things: Connected Devices Enabling Energy Management

  • Energy Management What's New What's Next

    Taking The Edge of Technology

    Internet of Things (IoT) Connected Devices Enabling Energy Management

  • Working together for success.

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    Prices Going Up

    GHG Emissions Gap is growing

    80% increase in 10 Yrs.

    67% above our GHG goals

    Source: Ontario Energy Board (Time of Use TOU)

    Source: Environment & Climate Change Canada

    Consumption Going up

    77% increase by 2040

    Source: National Energy Board

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    Millennials Ages 2134

    Baby Boomers Ages 4967

    Gen X Ages 3548

    Matures 68+

    Good for Market Types

    ALL PEOPLE On Same Page

    Residential High Density Res

    Commercial, Retail, Industrial

    Consumer and Industrial Products includes companies within aerospace and defense; automotive; consumer products; manufacturing; retail and distribution; and travel, hospitality, leisure, and services

    Financial Services includes businesses within banking and securities, insurance, investment management, and real estate

    Health Care includes health care providers, health plans, and life sciences organizations

    Technology, Media and Telecommunications includes technology, media and entertainment, and telecommunications companies

    All Markets Care

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    80% 74% 78%

    80% Businesses believe reducing electricity is essential to staying competitive

    74% say their customers are demanding for more environmentally considerate solutions

    78% say they actively promote their environmental efforts

    What the Industry is thinking

  • Working together for success. Lots of Data but no good advanced analytics tools

    5 Source : Deloitte 2016 Resources Study

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    Difficulty Monitoring Performance n=200

    35% believe inconsistent reporting tracking systems,

    34% lack of software or technology to gather necessary data,

    32% lack of internal resources, 30% Lack of consolidate reporting, 28% Lack of data in general

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    Whats Next: The Case for Smart Technology

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    Industry Trends - Not Just for Energy

    Smart, simple and low cost sensors that can connect to any type of equipment. Sensors can provide read only information or two way communication that can send accept data and commands. Sensors (IoT) that can connect virtually anything.

    TREND #1

    TREND #5

    TREND #2

    TREND #3

    TREND #4

    TREND #6

    Data naming conventions like Haystack that provide a name to each piece of data. This provides vendor agnostics names so a chiller is a chiller no matter whos brand, or a HVAC system. This is crucial for reporting and command and control. Software as a Service (SaaS) Cloud platforms that collect all the sources of data, correlates, converges and performs analytics creating customizable dashboards for different user needs . Secure and available from any place and anytime. Fault Detection and Diagnosing (FDD) remote or local ability to triage and diagnose based on reporting systems with visibility. Applying experience use cases to create alerts of major or significant events. Command & Control (C&C) local or remote all system visibility from a single portal. Either initiate a pre-defined sequence automatically or invoke based on alert and conditions. Continuous Optimization ongoing 24/7 monitoring of data and system conditions creates the framework to either automatically or manually optimize the building based on changing conditions.

  • Working together for success. IoT Big Picture WOW!

  • Working together for success. IoT Energy Building Blocks

  • Working together for success. Smart Building Integration Approach

  • Working together for success. What Systems Can be Connected with IoT

  • Working together for success. Single Pane of Glass Pulling it all together

  • Working together for success. Energy Consumption & Emission Reduction

  • Working together for success. Manage from Anywhere from Any Device

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    Mobile Device Application - Specific Alerts and alarms can be either driven

    through SMS, Email, or direct to application

    When married with FDD, can have reporting mechanism for Work In Progress

    Site activity reporting and lifecycle information

    Trending and performance reporting

  • Working together for success. Industry Benchmarking

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    Capital Investment with Separate Networks Total

    Cabling & Network Year 1

    BAS People Counting

    Security

    $236,000

    Cabling & Network Year 2

    BAS Security

    Wi-Fi Metering

    Digital Directories

    $201,000

    Total Capital Spend in Year 1 and 2 (excludes building system $437,000

    BBN Infrastructure Costs a Building Owned Network Total

    Integrated Base Building Network Year 1

    BAS People Counting

    Security $295,705

    Integrated Base Building Network

    Year 2

    BAS Security

    Wi-Fi Metering

    Digital Directories

    $38,783

    Total Capital Spend in Year 1 and 2 (excludes building system

    $334,488

    Non-Integrated BBN Capital Cost $437,000 Integrated Base Building Network Capital Cost $334,488

    Capital Savings $102,512

    Recurring Costs for the 6 Building Systems Total Service Dispatch* $12,000 Telecommunication (Internet & Phone) $18,800 Building Vendors Maint & Monitoring Costs $87.400 Building Vendor Total Costs (with Separate Networks) $118,200 Building Owned - BBN Infrastructure Maintenance & Monitoring Costs

    $79,000

    Operational Savings in first 6 months $38,920

    Monetize the Investment

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    Property Type & Size

    Problem Solution Strategy Solution Deployment

    Results in first 12 months

    Shopping Center 1M SQFT

    Poor performer under re-development

    Prioritize contract maintenance , repair & maintenance

    Deploy Smart Managed Platform in support of strategy

    $54K energy savings Electricity & Gas). Plus identified $80K in retro-commissioning & tuning

    University Campus Old & new systems Provide a unified portal for management & control

    Deploy and configured Smart Managed Platform

    $142K in energy savings and $234K in labor savings through smart sequencing

    Commercial Building

    Older asset low efficiency and declining tenant satisfaction

    Provide deep visibility to an old building systems and optimize

    Deployed Smart Managed platform

    $82K in energy savings

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    How does it add up

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    Enhancing Site/Portfolio Value

    Site GLA Annual Energy Spend

    Ongoing Savings (10%)

    OPEX Managed services

    cost

    NOI Change (assume

    30% recovery)

    Valuation Change (8.5% CAP)

    Example #1 Commercial

    Property

    651,800 $3,240,386 $324,038 $29,400 $226,826 $2.67M

    Example #2 Shopping Centre

    947,000 $718,038 $71,803 $29,400 $50,262 $591k

    Example #3 Shopping Centre

    1,500,000 $2,191,509 $219,150 $126,000 $153,405 $1.8M

    Total $5.061M

    Direct Impact to Value

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    Smart Strategy Monetization Outcomes

    PROFILE & BENCHMARK ASSET AGAINST THEMSELVES

    SOURCE OF OPTIMISATION

    STANDARDISED SERVICE

    INCREASE TENANT COMFORT RESPONSIVENESS

    COMMISSIONING & WARRANTY PERIOD & M&V - MEASUREMENT AND VERIFICATION

    ONGOING OPTIMISE MAINTENANCE AND LIFE

    CYCLE

    SMARTER IS BETTER

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    The End

    Energy Management What's New What's NextSlide Number 2Slide Number 3What the Industry is thinkingLots of Data but no good advanced analytics toolsSlide Number 6Slide Number 7Slide Number 8Slide Number 9Slide Number 10Slide Number 11Slide Number 12Slide Number 13Slide Number 14Slide Number 15Slide Number 16Slide Number 17Slide Number 18Slide Number 19Slide Number 20Slide Number 21