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Five Megatrends Shaping the Energy Conscious Enterprise

Aug 11, 2014

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Significant economic, political and technological forces are driving enterprises to reimagine the way they consume energy. These forces, or megatrends, have enabled a new level of understanding and insight that was previously unattainable in energy management. As a result, businesses now have the ability to become truly energy conscious, meaning that they are fully aware of how their sites and systems use energy and take proactive steps toward optimizing the energy footprint across their enterprise.
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Page 1: Five Megatrends Shaping the Energy Conscious Enterprise
Page 2: Five Megatrends Shaping the Energy Conscious Enterprise

As a result, businesses now have the ability to become

truly energy conscious, meaning that they are fully aware of how their sites use energy and can take proactive steps toward optimizing the energy footprint across their enterprise.

Significant economic, political and technological forces are driving enterprises to reimagine the way they consume energy.

These forces, or megatrends, have enabled a new level of understanding and insight that was previously unattainable in energy management.

Page 3: Five Megatrends Shaping the Energy Conscious Enterprise

Megatrend #1: Rising & Volatile Energy Prices

Energy prices are on a long-term secular rise driven by many factors including demand growth, decreased resource supply, and volatility based on political events or unexpected weather.

For example, in early 2014 the United States experienced an extreme cold wave known as the “polar vortex” that affected more than 200 million people and created a chain reaction of record high electricity demand and power prices1.

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Page 4: Five Megatrends Shaping the Energy Conscious Enterprise

Megatrend #2: Government Regulations & Standards

Government regulations and standards bodies like the Environmental Protection Agency (EPA), the American Council for an Energy-Efficient Economy (ACEEE), the U.S. Green Building Council, the American Society of Heating, Refrigerating, and Air Conditioning Engineers (ASHRAE), and the International Organization for Standardization (ISO) are encouraging enterprises to make gains in building energy efficiency, carbon reduction, regulatory compliance and reporting.

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Page 5: Five Megatrends Shaping the Energy Conscious Enterprise

Megatrend #3: Corporate Responsibility

Corporate responsibility continues to be a key goal and priority for businesses and government institutions alike as good citizenship behavior is expected by the market and constituents.

There are many steps that enterprises can take to reduce their carbon footprint like leveraging energy management systems to set corporate energy policies, identify savings opportunities and integrate renewable sources of energy into their portfolio.

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Page 6: Five Megatrends Shaping the Energy Conscious Enterprise

Megatrend #4: The Internet of Things

The rapid growth of devices connected to the Internet of Things (IoT) is enabling energy management to be more effective than ever before.

Additionally, low cost processing, sensors, wireless technology and cloud-based big data analytics are enabling these devices to collect and analyze real-time performance data across a diverse set of environments and geographies.

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Page 7: Five Megatrends Shaping the Energy Conscious Enterprise

Megatrend #5: Data-driven Energy Management

You cannot manage what you do not measure, which is why data-driven energy efficiency management will be crucial to achieving maximum financial savings, operational efficiencies, capital returns and carbon reductions.

Additionally, enterprises which employ energy management solutions will benefit by having access to data that can help monitor equipment performance and assist in smarter facility and capital planning.

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The Energy Conscious Enterprise

As a result of these five megatrends, tomorrow’s successful organizations will become energy conscious today by leveraging real energy usage data on how equipment and sites consume and generate energy.

GridPoint’ energy management solution (EMS) empowers the Energy Conscious Enterprise with submeters and monitors that collect real-time, asset-level data for superior visibility, a cloud-based software platform for in-depth analysis, and intelligent controls that dynamically adjust to changing site conditions and optimize energy usage within and across all sites.

Today’s Problem No real-time, asset-level data

energy usage, environmental conditions and equipment performance not monitored effectively

Utility Meter

Utility Meter

?

GridPoint Solution Data-driven energy management

Internet of Things app uses sensors and cloud-based big data analytics to optimize energy consumption

Cloud-based Analytics

Sensors Submeters Monitors

Page 9: Five Megatrends Shaping the Energy Conscious Enterprise

Real Data. Real Results.

Despite being an evolving technology, major corporations are seeing great savings results and steadily transforming into Energy Conscious Enterprises with GridPoint’s EMS. Real data, when integrated with analytics and control, can deliver savings that significantly impact a company’s bottom line.

Medium Box Retailer 500+ sites $46k annual energy spend/site

27% savings

Casual Dining Restaurant 1,400+ sites $65k annual energy spend/site

23% savings

Government Agency 50,000+ sites $34k annual energy spend/site

22% savings

Quick Serve Restaurant 330+ sites $31k annual energy spend/site

15% savings

Pharmacy Retailer 8,300+ sites $65k annual energy spend/site

11% savings

Data reflects avg. first year savings for initial deployment. Savings only include the percentage of total load that GridPoint controlled.

Page 10: Five Megatrends Shaping the Energy Conscious Enterprise

To learn more about how to empower your business to become an Energy Conscious Enterprise, download the white paper at

www.GridPoint.com

Page 11: Five Megatrends Shaping the Energy Conscious Enterprise

About GridPoint

GridPoint is an innovator in comprehensive, data-driven energy management solutions (EMS) that leverage the power of real-time data collection, big data analytics and cloud computing to maximize energy savings, operational efficiency, capital utilization and sustainability benefits. GridPoint’s integrated energy management portfolio of asset-level submetering and monitoring, intelligent control, energy management software and professional services can generate energy savings up to 30% with pricing targeted to deliver a 24 month payback or less.

GridPoint solutions are deployed at 12,000 sites with over 75 billion customer data points collected to date, and 100 million data points added daily. Customers include 6 of the top 10 retailers by total sales, 4 of the top 10 casual dining restaurants, 7 of the top 20 quick serve restaurants, leading commercial and industrial enterprises and major government and educational institutions. References

1Wikipedia; http://en.wikipedia.org/wiki/2013%E2%80%9314_North_American_cold_wave; Accessed 6/17/14 2ICF International; http://www.icfi.com/insights/white-papers/2014/polar-vortex-energy-pricing-implications-commercial-opportunities-and-system-reliability; Accessed 6/17/14 3Environmental Protection Agency; http://yosemite.epa.gov/opa/admpress.nsf/bd4379a92ceceeac8525735900400c27/5bb6d20668b9a18485257ceb00490c98!OpenDocument 4PwC; http://www.pwc.com/gx/en/ceo-survey/2014/industry/energy.jhtml; Accessed 6/13/14 5Business Insider; http://www.businessinsider.com/75-billion-devices-will-be-connected-to-the-internet-by-2020-2013-10; Accessed 6/13/14 6EnergySTAR; http://www.energystar.gov/buildings/about-us/facts-and-stats; Accessed 6/18/14