The global energy management system (EMS) market is expected to reach $58.59 billion by 2022, growing at a compound annual growth rate (CAGR) of 14.3 percent, according to a new report by Grand View Research. Demand for energy efficiency and optimization are the keys driving adoption of energy management solutions.
As building energy management systems (BEMS) gain greater market penetration, building control algorithms are beginning to provide data beyond energy efficiency, including details on space utilization and operational efficiency.
Schneider Electric announced that its sustainability and energy management software platform, StruxureWare Resource Advisor, along with its Energy Performance Services, received a Top Product of the Year Award in the Energy Manager Today Awards.
Launched in 2006, Danfoss’s EnVisioneering Symposia help keep HVACR industry stakeholders apprised of the latest developments in U.S. policy and industry and provide forums in which they can share ideas and information.
Venstar®, a thermostat and energy management systems manufacturer, was named the winner of the Fierce Innovation Energy Efficiency Award for its Surveyor® energy management system (EMS).
Duke Energy, one of the nation’s largest electric utilities, has acquired a majority share of Phoenix Energy Technologies (PhoenixET), a provider of energy management systems and services for commercial customers. The terms of the deal were not disclosed.
EnerNOC Inc., a provider of energy intelligence software (EIS), and EnTouch Controls have announced a strategic partnership to deliver the benefits of EIS to businesses that have large numbers of small footprint outlets, such as those in the national retail and food service industries.
When you’re traveling and check into a hotel, you expect the room will be clean, reasonably quiet, and — most of all — comfortable. Multiply those expectations by the millions of travelers staying in hotel rooms across the country each day, and you can see why the hospitality industry faces some unique challenges.
From building automation systems, chillers, compressors, temperature control valves, and more, here’s a look at some of the equipment commercial contractors working in this sector may want to consider.
With the emergence of data analytics tools and new software-enabled hardware, building energy management services (BEMS) have expanded in capability. BEMS have benefitted from falling costs and $1.4 billion in venture capital (VC) funding to facilitate operational decisions based on analysis of building energy data, reports Lux Research.