16 Feb Enriching DEXMA’S App Store to Reduce Buildings’ Energy Costs by more than 30%
Reducing by more than 30% the energy costs of hotels and office buildings is the EQUALTIQ project’s ultimate goal. The consortium is confident that they will achieve this without affecting, even improving, users’ comfort. To enable these savings, this project partially funded by KIC Innoenergy will develop an Integrated Energy Management System. The system will consist of improving DEXMA’s App Store with 4 new APPs introduced in the existing software.
DEXMA’s software, DEXCell Energy Manager is a cloud-based energy management solution. It allows users to visualize their entire energy usage data and detect savings opportunities. The APPs will enhance the current DEXCell features and will be focused on: (DFA) Demand Forecast Assessment, (SaDSM/ADSM) Automatic and Semi-Automatic Demand Side Management, (EP) Energy Procurement and (DR) Demand Response. To offer an appealing solution, the customer needs to have a basic maintenance fee on the DEXCell Energy Manager platform to be able to run the apps.
A consortium made up of 5 partners including DEXMA will be carrying out this ambitious project lasting 24 months. The other members are: COMSA-EMTE, A large industrial engineering company belonging to an infrastructure and engineering group, Tecnalia and Energyville, leading Technology Centres in Spain and Belgium respectively and Evernalis, a smart grid software and service company.
Buildings’ energy costs in terms of profitability
Energy costs for hotels and office buildings have an important impact in their profitability. It might not come as a shock that energy is tertiary buildings’ biggest operating cost after salaries. Moreover, if operations remain the same, energy costs will continue to rise as they have been since 2005. EQUALTIQ APPs will help offset the latter by offering customers high performance tools on energy. The solutions offered by the APPs will help protect and increase margins in the real estate market sector.
The countries in which the EQUALTIQ project focuses on are Spain, Benelux, United Kingdom and France. In these countries, the total addressable market consists of 73.270 buildings consuming 125.565 GWh/y. The aim of the project is to get 3.531 buildings within 6 years.
The consortium members have envisioned the future of smart buildings based on their experience. They see an integrated approach of these buildings with renewable energy, total operation costs, customer comfort, and sustainability. They are confident that their products will contribute significantly towards that integration in this market.