Energy Management Analytics: The Increasing Importance of Data Analytics in a Virtual World
Julianne Rhoads, Cimetrics, Inc
Data is the new oil when it comes to energy management in a virtual world, and feedback shows that building owners and operators with a successful building data analytics program in place are better positioned to handle dynamic changes to building use and energy goals, as was evident with the challenges presented by COVID-19. What is data analytics and why is it now more important than ever? Data analysis enables quantified comparisons of financial, environmental, and operational impacts of building systems, which allows stakeholders to be proactive and intentional in their decision-making. Analytics can reduce energy and GHG emissions, improve occupant comfort and safety, and ensure an organization's investments. When effectively deployed, an analytics program provides targeted recommendations that ensure optimal equipment operation, captures energy avoidances opportunities early, and corrects performance drift. Analytics affords its users opportunities to track performance for energy and compliance goals, substantiate capital projects, improve equipment reliability, and mitigate operational risk.
Using industry-wide metrics and examples from laboratory facilities that have employed data analytics through remote monitoring, commissioning, and measurement and verification (M&V), this presentation will cover important considerations when evaluating analytics solutions, discuss challenges of configuring an automated building analytics system, and identify biases that exist in analytics and the building industry.
- Understand the benefits of energy analytics;
- Recognize the most common pitfalls of an analytics program and how to overcome them;
- Learn how to evaluate analytics options and plan for success; and
- Learn key metrics that can be used to track program performance.
Julianne Rhoads is responsible for energy analysis and reporting on more than 35 buildings, including over 5 million square feet of facilities in the higher education, federal, healthcare, and pharmaceutical research sectors throughout the world. Ms. Rhoads has identified and helped implement more than $4.5 million in annual energy savings.
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