This is the first post by Erin Simone, Marketing Communications Intern at EnerNOC.
If you’re in commercial real estate (CRE), you know all too well how important a successful energy management plan is. It not only gives you a competitive advantage over your peers, but the way you optimize your energy use can actually be a real differentiator. So how do you make sure your energy management strategy leads the pack? It starts with taking a software-based, data-driven approach. Don’t believe me? Read on for 3 CRE energy management success stories of companies – Beacon Capital Partners, a second large Real Estate Investment Trust (REIT), and Westcor – that embraced their real-time energy data with energy intelligence software (EIS), to get great results.
The U.S. generation capacity mix is projected to undergo a dramatic shift over the next 25 years. The EPA Mercury and Air Toxic Standards (MATS) are putting the pressure on utilities with a heavy reliance on coal-fired generation to figure out a plan for alternative generation resources, quickly. The standards, which take effect in 2015, set higher limits on the emissions of hazardous air pollutants from existing and new coal- and oil-fired generation resources, and have already spurred tens of Gigawatts (GW) of coal plant retirements to date (with tens of GW more projected over the next decade). Coal will continue to play a role in the resource mix, to be sure, but natural gas-fired generation is projected to more than double by 2038 as hundreds of coal plants close. Today, combined-cycle gas turbines (CCGT) are the most economical resource to replace retired coal capacity. But there’s a time and cost gap to consider—how do you balance building out new CCGT resources with immediate and near-term peak demand needs?
Read on for three key considerations in balancing the costs and risks of the coal-to-gas transition—and how demand response can be part of the solution.
Buying energy sounds simple enough, but given the complex market dynamics involved, getting the best price and a contract that matches your budget and risk tolerance can be a time‑consuming (and often confusing) challenge. We sat down with Brian Perrone, Principal Analyst on our Professional Services team and one of the biggest brains behind our supply consulting offering, to get some tips on the future of energy prices, the importance of risk management, and why it’s not always about getting the best price.
This is a guest post from EnerNOC Energy Efficiency Analyst, Gabe Wolf.
It’s been all over the news: after months and months of extremely dry weather, nearly 50% of the U.S. is currently in a drought. Certain western states, like Arizona, California, and Nevada, are experiencing 100% drought conditions. This summer’s hot, dry weather hasn’t helped: the U.S. Drought Monitor, for the first time in its 25-year history, reported that 100% of California is in severe drought or worse. Lakes are low, rivers and watersheds are running dry, state and local governments have called for voluntary water conservation for months, and the devastation to the state’s agricultural industry has been substantial. As such, the state recently called for mandatory conservation actions.
Droughts aren’t just localized crisis, however. Water is an input in nearly everything we purchase, eat, and do – including the energy we consume – and the lack of it can wreak havoc on a business’ bottom-line and our economy as a whole. It’s easy to feel disconnected from the effects of a drought, but if we don’t act, that won’t be the case for long.
You want to save money on energy, and you get that investments in energy management can deliver substantial ROI. But in order to get access to the tools you need, you need budget. Here are 3 creative ways to fund your investment in energy intelligence software (EIS), so you can begin reaping financial rewards and reducing bills right away.
Figuring out how much you actually spend on energy is really hard. How hard? Well, we put together the decision diagram below to outline (as simply as we could) the fact-finding process.
How do you pinpoint the energy your facilities are wasting? If you’re like most of us, you do walk-throughs whenever you can, you check your utility bills for discrepancies, and you remind your team to be mindful. But we all end up feeling like we’re still missing something. Energy waste can be incredibly hard to locate, especially without being able to see your usage in real-time. Our Practice Lead of Education Services, Kurt Fisette—who’s personally worked with more than 400 customers during his time at EnerNOC—has used his experience analyzing real-time energy data to develop the six most frequently missed no-cost energy savings opportunities. Even for energy veterans, these six opportunities can be incredibly difficult to identify without real-time visibility into your energy usage.
After six years of uncertainty, on the 17th July, 2014, the Australian Senate passed eight bills designed to repeal the Australian carbon tax. In addition, these bills will dissolve the Clean Energy Future Corporation, the Climate Change Authority and the Australian Renewable Energy Agency and wind up the Energy Efficiency Opportunities Program in September 2014. The wind up of these programs and agencies removes a number of government grants available to enterprises to help them with their carbon reduction activities. It also dissolves all the authorities who were overseeing the previous Carbon Tax structure. However, carbon emission reduction is still a high priority for regulators in Australia. The current government has proposed a replacement legislative framework to manage carbon so the reduction in penalties and regulatory oversight is only expected to be temporary.
To ensure you are prepared for any future carbon legislation, we recommend every enterprise utilise four simple energy management strategies to set their Australian operations up for success in the new carbon environment.