Using Artificial Intelligence to Optimize the Flow of Energy Through the Built Environment

Posted by BrainBox AI on Feb 13, 2020 5:00:53 PM

Energy efficiency is a vast and largely untapped energy resource contained within our built environments that is key to meeting our future global energy needs. For over a decade, energy professionals have been talking about this hidden resource and about the magnitude of the potential energy savings for owners of commercial retail spaces, office buildings, manufacturing facilities, and many other conditioned spaces.

For instance, in its 2009 report entitled Unlocking Energy Efficiency in the U.S. Economy, McKinsey Global Energy and Materials determined that “the energy and operational savings from greater efficiency total some $1.2 trillion in present value to the U.S. economy: unlocking this value would require an initial upfront investment of approximately $520 billion [1].” A 2012 analysis by Deutsche Bank Climate Advisors came to a similar conclusion. They found that $279 billion in efficiency investments in the U.S. building sector would result in $1 trillion in savings over the next 10 years [2].

However, because of a number of persistent market barriers, these energy efficiency resources still remain mostly untapped…

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Topics: Energy efficiency, Built environment