Advanced Energy Analytics Complete Efficiency Lifecycle

1. Advanced Energy Analytics Complete Efficiency Lifecycle We are moving towards smarter, more efficient technologies. Solar, for instance. But the energy efficiency lifecycle of a building involves stages such as targeting and engaging a particular customer group, regular audits, close monitoring, and so on, which addhuge costs, making it impossible to work on a bigger scale.They are also taxing and tedious for utilities looking for efficient energy management services and energy management platform, despite costs. The solution to this enormous barrier lies in the consumption data that has been piling up in our systems for years. The key to this treasure trove is through advanced energy analytics. And here is how commercial efficiencycan be built up with the use of analytics: 1. Segregation: By gathering energy consumption data of an entire region, energy managers or building owners can first spot areas and buildings with highest energy saving potential; similarly buildings with high consumption offence and buildingswhich are beyond these two. With such valuable knowledge, smarter programmes commercial portfolios. can be designed covering larger 2. Auditing: This is the most important part of a strong energy management system. The traditional auditing system of visiting the site is definitely not a long term way as the time it takes is beyond feasibility. Moreover, the pressure such audits may create on building owners regarding recommended retrofits can be scary, and the owners tend to ignore them. As a result the entire effort, including the funds and time spent on it, goes waste. Advanced energy analytics do a much better job here with their remote audit capabilities.They bring remarkably insightful information on the energy consumption patterns of a building by analysing data on meter, GIS, weather, and other parameters. Besides giving data equivalent to onsite audits in much lesser time, they are also cost effective. For the building owner, it is a minimum upfront investment. On top of all this, analytics have some vitaladvantages over traditional auditing.Their results are drawn from an objective analysis. The on-

2. siteauditors’ results depend on their biases, or levels of knowledge or experience. Remote audits points out a lot of improvements which are usually missed out by auditors on-site. Plus, the results are quicker and customized, which leads to faster corrective measures and better relationships with customers. 3. Examining: After executing efficiency improvements, the building site needs to be monitored regularly to track their performance. And this is a measure which is costly as well as complex. This is usually done through frequent visits to the site or by setting up tracking devices in the building area. But this method is taxing for the building owner as he has to provide the resources. Leveraging advanced energy analytics can help both a building owner and the utility cut down on use of devices or human monitoring to almost none. They can monitor the efficacy of action remotely, and take firmer decisions on energy and cost savings. Conclusion Advanced energy analytics has come as a boost to the world’s energy saving potential. The solar industry had been so far intensively fixated onracking, panels, and meters in its attempt to save costs. The need of the hour now is for solar to reduce these costs on sales and marketing too, to help streamline the associated processes enhance the commercial energy efficiency. Source: Wipro EcoEnergy