In this blog post, we'll explore three ways Priva ecoBuilding can help you cut down your winter energy expenditure by at least 20%.
The challenge: Winter energy demand
Winter can be a harsh time for companies which, like domestic residences, have an increase in demand for energy just as energy prices are at their highest. November to February is the most energy intensive period of the year for Europe’s buildings of all types. And when high business demand meets the domestic mid/late afternoon tea-time period, the result is a huge spike in energy use which pushes energy costs even higher.
The smart energy management solution
Priva ecoBuilding is an intelligent layer of cloud-based software that sits on top of your existing building management system. Using digital twin and AI technology, Priva ecoBuilding predicts and minimizes the energy needed to reach the desired climate conditions for your building. To do this, the software takes data from a range of sources, including the weather forecast, thermal inertia, and storage, building usage, sustainable energy, as well as taking flexible energy prices into account.
How Priva ecoBuilding creates energy cost savings
A digital twin is a digital representation of an object, process, or service. Priva ecoBuilding creates an exact digital twin of your building which means its software can predict your energy needs and optimize your building management, maintenance, and energy consumption. Here are just three of the ways in which Priva ecoBuilding can help save at least 20% on your energy expenditure:
- Smart climate steering
As an AI-powered BMS, Priva ecoBuilding continuously adjusts settings based on real-time data, considering factors such as occupancy, external temperatures, and sunlight exposure. This dynamic optimization ensures that energy is only consumed when and where it is needed, preventing wastage during periods of low demand. Automatic, data-driven climate management up to 72 hours in advance ensures accurate, precise climate control. This forward planning places you firmly in control. Priva ecoBuilding notifies you of any possible comfort problems so that you can take swift action. This means no more surprises and a reduction in tenant complaints. - Data-driven decisions
Priva ecoBuilding’s AI algorithms analyze historical data, weather forecasts, and occupancy patterns to predict future energy demands. By anticipating spikes and drops in energy requirements, the system can optimize heating, ventilation, and air conditioning (HVAC) systems accordingly, avoiding unnecessary energy consumption. By using a combination of historical and real-time data on occupant behavior, energy tariffs and weather forecasting, Priva ecoBuilding makes smart decisions that automatically balance your energy load in the most cost-efficient way. - Adaptive Learning
Machine learning algorithms enable the BMS to learn from user behavior and adapt its settings over time. For example, if certain areas of a building are consistently underused during specific hours, the system can adjust lighting and HVAC settings accordingly, optimizing energy usage. Priva ecoBuilding can identify and predict equipment malfunctions or inefficiencies. By proactively addressing issues, such as HVAC systems running at suboptimal levels or faulty sensors, building managers can ensure that energy-consuming systems operate at peak efficiency, reducing overall energy consumption.
As winter challenges us with increased energy demands, adopting Priva ecoBuilding is a strategic solution for both environmental sustainability and cost-effectiveness. From smart HVAC systems and insulation improvements to renewable energy integration, the holistic approach of Priva ecoBuilding can easily translate into a minimum of 20% savings on your winter energy bills.
Why not embrace the future of energy-efficient building management with Priva ecoBuilding and reap the rewards this winter season? Contact us today for a free consultation.
