{"id":1004325713,"date":"2019-05-30T00:06:27","date_gmt":"2019-05-30T08:06:27","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004325713"},"modified":"2019-06-20T12:45:17","modified_gmt":"2019-06-20T20:45:17","slug":"energy-self-monitoring-strategies","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/energy-self-monitoring-strategies\/","title":{"rendered":"Energy Self-Monitoring Strategies"},"content":{"rendered":"
\"Overstock.com

Overstock.com HQ in Midvale, Utah. The LEED Gold-certified building was completed in 2016 and features roughly 30,000 square feet of self-tinting windows. Image courtesy of View Inc.<\/em><\/p><\/div>\n

As more municipalities demand that office building owners improve their eco-friendly profiles, energy self-monitoring strategies are more important than ever. Cutting-edge products\u2015like intuitive windows that self-tint, sensors that detect how often conference rooms are being used and fault detection programs\u2015are helping generate valuable data on usage and reduce consumption.<\/p>\n

READ THE DIGEST VERSION<\/a><\/p>\n

But with new ways of doing things come more potential problems\u2014like cybersecurity issues and high costs\u2014that will force those in the business to take extra precautions.<\/p>\n

The Evolution<\/h2>\n

Chuck Palm, a director in engineering & facilities manager at Cushman & Wakefield in Minneapolis, is responsible for facilities management for several clients with a combined total of 8 million square feet of office space.<\/p>\n

Palm points to 2012 as one of the big shifts in utility management technologies coming to market. Previously, managers would have to wait until the end of the month to get an invoice on how much energy was used in a building, leading to a delay of one month to six weeks to correct an issue.<\/p>\n

\"\"<\/a>

Chuck Palm. Image courtesy of Cushman & Wakefield<\/em><\/p><\/div>\n

\u201cThat year, it went to the next level of connecting utility meters into software and being able to monitor real time energy use in buildings,\u201d<\/em> said Palm, who categorizes that phase in monitoring technology as \u201cLevel 2.\u201d<\/p>\n

In the past couple of years, Palm sees the industry as having shifted into \u201cLevel 3,\u201d which involves fault detection and diagnostics connected to utility meters, so users know instantaneously when something is over or under-functioning. Supervisory software effectively brings a more discreet set of information to a building operator that lays out what is causing the energy losses within a building.<\/p>\n

\"\"

Smart meter at Washington Navy Yard Photo by Mass Communication Specialist 2nd Class Kiona Miller\/courtesy of U.S. Navy<\/p><\/div>\n

Changes to metering is what Audi Banny, associate director for private sector engagement at the Institute for Market Transformation, sees as one of the biggest shifts over the last 10 years. Submetering in particular has gone from manual readings to highly integrated systems that are IoT connected.<\/p>\n

\u201cThere\u2019s great momentum in the market and what\u2019s being offered to the consumer is in line with what\u2019s going on with cities,\u201d<\/em> said Banny. \u201cWhat we still find is that because these solutions are still somewhat evolving, cost is still a big issue.\u201d<\/em><\/p>\n

For Sara Neff, director of sustainability at Kilroy Realty Corp., data is critical to company\u2019s energy self-monitoring strategies. Kilroy uses automated benchmarking services in all its buildings. The software gives users a granular look at the system data, including utility monitoring in 15-minute intervals. Not only does it help building owners save money, but it also helps satisfy the increasingly common sustainability and emissions standards being instituted in the U.S.<\/p>\n

\u201cThere\u2019s an increasing demand on companies to be more sustainable,<\/em>\u201d said Neff.<\/p>\n

The Big Issues<\/h2>\n
\"Sara<\/a>

Sara Neff. Image courtesy of Kilroy Realty<\/em><\/p><\/div>\n

One of the biggest disruptors in the way commercial real estate is managed is a naturally occurring one: climate change. As more and more cities across the U.S. enact rules and regulations for carbon emissions and sustainability, the real estate industry is being forced to adapt to the new landscape.<\/p>\n

Minneapolis is one of more than two dozen cities across the country that have enacted energy benchmarking laws in recent years. This April, New York City passed an ambitious six-bill package, the Climate Mobilization Act, which requires large buildings in the country\u2019s biggest city to cut their greenhouse gas emissions by 40 percent by the year 2030 and 80 percent by 2050.<\/p>\n

\u201cIf your building is an energy hog, you are now susceptible to public shaming,\u201d<\/em> said Palm. \u201cThat\u2019s the intent of those types of regulations.\u201d<\/em><\/p>\n

Though the rules can seem daunting to owners and operators, the cost savings and eco-friendly reputational benefits might be worth the effort.<\/p>\n

Another issue that has emerged in the wake of elevated technology for building operations is cyber security. Though businesses have become savvy at hacker-proofing their buildings, the increased use of IoT can create vulnerabilities almost anywhere\u2014even a fish tank.<\/p>\n

\u201cThe more the IoT, the more it can be hacked<\/em>,\u201d said Neff, who recalled a situation where a company\u2019s system was hacked through an internet-connected device in an aquarium.  While she doesn\u2019t think hackers would necessarily be interested in a company\u2019s energy data, IoT-enabled devices can be the vulnerable entry point to much more sensitive company information, thus making it crucial to ensure all internet-connected devices are secure.<\/p>\n

The Future<\/h2>\n
\"\"<\/a>

Audi Banny. Image courtesy of IMT<\/em><\/p><\/div>\n

The future in energy self-monitoring strategies for Palm means moving into what he calls \u201cLevel 4\u201d and catching up to what many European and just a handful of U.S. operators are already doing. That level of monitoring also features a supervisory system that identifies \u201csparks\u201d or \u201canomalies.\u201d But instead of having those then evaluated by a human, an AI-enabled system will be able to make those judgements alone and then automatically write a work order for what the building needs. Palm sees this kind of elevated tech being used in a widespread fashion in the next 5 to 10 years.<\/p>\n

\u201cWith the growth of big data, absolutely,<\/em>\u201d said Palm, on the use of AI. \u201cIt\u2019ll be a self-regulating system.<\/em>\u201d<\/p>\n

Neff is seeing products for owners and property managers being designed to be more user-friendly than previous iterations. That should increase the use of these products. She characterized the first wave of products that touted huge amounts of data for users as overwhelming and hard to use for most \u2015something she called \u201cinformation blindness.\u201d<\/p>\n

As energy mandates continue to roll out across the country and investors continue to seek high-performing buildings, growth in the energy monitoring field will continue to grow and become more sophisticated and streamlined. <\/p>\n

\u201cThe trend is there\u2015without a doubt,<\/em>\u201d said Banny. \u201cA lot of cities are starting to move faster in terms of requirements and building owners need to pay attention<\/em>.\u201d<\/p>\n

Energy Saving<\/h2>\n

In addition to enhancements in energy monitoring technology, owners are also being offered a variety of new energy-saving technologies. View is one of the companies in the industry offering commercial property owners a cost-saving, eco-friendly product. Founded in 2007, the company manufactures windows that self-tint, reflecting infrared light and heat away from office buildings and creating a more optimal setting for office workers.<\/p>\n

\u201cHaving a dynamic product has a fundamental advantage,\u201d said Robert Rozbicki, chief technology officer of View. The company’s product is in use at the headquarters of CenturyLink in Monroe, La., and Overstock.com in Midvale, Utah,  and it is working for the next three years to retrofit all the glass at Dallas\/Fort Worth International Airport, which at more than 17,000 acres, is larger than the island of Manhattan.<\/p>\n

Read the June 2019 issue of CPE.<\/em><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Office building owners and managers are adding a slew of new high-tech products to their energy self-monitoring strategies, including innovations driven by artificial intelligence and the IoT.<\/p>\n","protected":false},"author":745,"featured_media":1004332250,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1521,45527,21786],"tags":[45314,32799,42068,33134],"class_list":["post-1004325713","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-digital","category-keyword-optimized","category-sustainability","tag-climate-mobilization-act","tag-cushman-wakefield","tag-institute-for-market-transformation","tag-kilroy-realty-corporation"],"acf":[],"yoast_head":"\nEnergy Self-Monitoring Strategies - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/energy-self-monitoring-strategies\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Energy Self-Monitoring Strategies\" \/>\n<meta property=\"og:description\" content=\"Office building owners and managers are adding a slew of new high-tech products to their energy self-monitoring strategies, including innovations driven by artificial intelligence and the IoT.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/energy-self-monitoring-strategies\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2019-05-30T08:06:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-06-20T20:45:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/05\/Meter-image_courtesy-of-US-Navy_1039x639-e1561056913892.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"623\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Holly Dutton\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/energy-self-monitoring-strategies\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/energy-self-monitoring-strategies\/\",\"name\":\"Energy Self-Monitoring Strategies - 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