Deciphering your electricity bill is way harder than it should be; the random charges, unclear acronyms, and vague terms can make anyone's head hurt. Even if you’re an expert, it can be really hard to pinpoint exactly what goes into it that “Amount Due” number every month.
Demand response is a great way to earn an additional revenue stream for your business by temporarily curtailing your energy use in times of grid constraint.
In the Lone Star State, commercial and industrial organizations can now participate in two different demand response programs that offer the opportunity to earn up to $50,000/megawatt-year in capacity payments – the payments you get just for being on standby, agreeing to reduce if and when you’re dispatched.
Through adopting global best practices and monitoring the energy efficiency of their office spaces, savvy commercial building operators are finding they are reaping more than just cost savings for their properties. Using government programs, information from associations, and peer networking, among other resources, your enterprise can identify more than a few ways to maximise your efforts.
This post highlights CitySwitch, a government initiative based in Sydney, Australia, and how it is helping the business community – and especially the commercial real estate industry – transition to a low carbon economy and increase operational efficiency. I’ll also mention a few other resources our customers have found helpful, and explain why taking a software-centric approach to facility optimization and energy efficiency can help you get ahead.
It’s that time of the year again…that wonderful time when finance departments traverse every corner of the organization collecting data, tracking trends, analyzing needs, and developing the spreadsheet models needed to assemble all of this information into a coherent, forwardlooking story. It’s budgeting and forecasting season.
As you’re collecting information to inform budget scenarios around labor costs, capital expenditures, new market opportunities, sales pipelines, and other important factors, be sure not to overlook energy. Whether you’re dealing with 4% of operational costs or 40%, energy is a significant portion of your expenditures and a complex line-item that should be scrutinized and considered carefully before reaching a final forecast.
We asked. You answered. In interviews with over 100 Energy Managers, Facility Engineers, VPs of Operations, Procurement Managers, and various other energy management stakeholders, we aimed to pinpoint the biggest challenges in enterprise energy management. At the end of the process, the answers basically boiled down to these six areas (in no particular order).
In North America, the big summer demand response (DR) dispatch season is coming to an end, while in Australia and New Zealand companies are gearing up for their busy season. No matter where you live, 2015 approaches and budget planning is top of mind for organizations everywhere as you're likely talking annual planning, or half yearly reviews if you're fiscal year starts later.
If you’re like many of our customers, you’ve been earning payments for your participation in demand response programs. Don’t know how much money you’ve earned from demand response? If you're in the US, there’s an easy way to find out (this functionality is on the roadmap for global expansion)! Log in to EnerNOC and check the recently launched “Earnings” tab. With this feature, you can track earnings trends and manage payment data online, any time. And adjustable filters help you view earned revenue by site, program, and date range.
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.