svlg workshop on demand response cindy anderson 650-279 ... · buildingiq background offices in us...
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SVLG Workshop on Demand Response Cindy Anderson 650-279-7553
[email protected] Dec 2013
BuildingIQ Background
Offices in US & AUS
Solution reduces HVAC energy costs by up to 25%
Subscription-based SaaS model
Customers: Owner-Occupied Bldgs, REITs, Health Care, Govt, Higher Ed, Utilities, Hospitality, etc.
20 M SF under contract
Complimentary to aggregators, 3rd party visualization & analytics, ESCOs
Works with all major BMS’s
Enables both Energy Efficiency and DR
Market Challenges
Utility:
• DR & EE are separate silos
• DR aims to manage load but is implemented as a communication system
• EE aims to reduce consumption and is implemented as a rebate system
• Challenge proving savings
• Possible customer abandonment
Customer:
• Many barriers to participation
• Capital & labor intensive, custom work to implement
• Prohibitively restrictive access to Energy Efficiency rebates. “Too hard & too risky”
• Low hanging fruit has already been picked
• Challenge proving savings
The Killer App • Combine DR and EE into one system
• Quickly installed and automatically customized while providing transparent results and real time visibility
Combined Cash Flow from EE + DR
50 50 50
0 6.3 6.3
0 0
37.5
0
10
20
30
40
50
60
70
80
90
100
EE EE + DR EE + DR + One Time Incentive
Savings $000
Energy Efficiency DR Utility Incentives
Note: 200K sq ft building in N. CA, $500K/yr for energy.
Auto-DR Payment is for first yr only.
Combining Energy Efficiency + Demand Response provides much higher return than DR alone
mPowered Program Goals
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“NV Energy works with BuildingIQ to engage casinos, schools, hotels, and offices…to make long-lasting, financially sound, and technology-driven changes in large buildings.” Dilek Samil
• Meet state PUC goal of 75 MW shed • Minimize required upfront payments • Maintain & improve “trusted advisor”
relationships with customer • Address special needs of state hospitality sector
•
mPowered Offer Details Program Design
• Integrated Energy Efficiency and Demand Response Program
• Trades energy efficiency investment for demand response event participation
• Dollar value of energy savings is larger than typical “cash for kW” programs
• Establish service provider relationship to engage customer into additional demand response and energy efficiency upgrades
• HVAC optimization for year round energy savings
Technology
• Software-as-a-Service based HVAC Optimization for year round energy savings with demand response event participation
• Software overlay to existing Building Energy Management System
• OpenADR communications via NVE DRMS for DR event management
Current Customer Offer
• Incentive support for “make-ready” upgrades to Building Energy Management System
• Performance-based rebate via shared savings with 5% savings guarantee on annual HVAC energy consumption
• 5 events (minimum) – customer shares 50% of measured energy savings above the first 5% in savings
• 15 events (max) – customer keeps 100% of measured energy savings
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• 527,000 Square Feet • Casino + restaurant + retail +
conference • Delta Controls BMS • Advanced control strategies
already in place; highly efficient
• 12% HVAC energy savings
• 13% HVAC peak load reduction
Case Study - M Resort Spa & Casino
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Standard Operations
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Thank You www.BuildingIQ.com
Cindy Anderson 650-279-7553