Utilities and vendors of building energy management systems (BEMS) increasingly find themselves with interlocking interests, and they are looking to each other to solve some of their most pressing issues, notes Navigant Research.
The growth of electricity demand has slowed in each decade since the 1950s — from a 9.8 percent annual rate of growth in the 1950s to only 0.7 percent per year in the first decade of the 21st century — and will continue its slow growth due to energy efficiency, according to the U.S. Energy Information Administration (EIA).
The United States is consuming energy considerably more efficiently and with lower emissions than just five years ago thanks to a number of modern technologies that are changing decades-old patterns, according to a report from Bloomberg New Energy Finance and the Business Council for Sustainable Energy.
Danfoss has announced its fourth annual EnVisioneer of the Year award competition. The competition recognizes those who have introduced a new product, opened a new facility, or invested in a building or system upgrade using Danfoss products or solutions to realize significant energy and/or environmental savings.
The market for building energy management systems (BEMS) is expected to grow substantially over the rest of the decade. According to a new report from Pike Research, global spending on building energy management systems will total $41 million in 2012 and is forecast to reach $319 million worldwide by 2020.