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July 16, 2013

Ecova Releases Report on Big Data Energy Trends



There is a huge global demand for energy, with utility companies all over the world trying to balance these growing energy needs with efficiency and demand response programs. These programs help utility companies as a resource to reduce energy consumption.

Data centers are making use of sustainable energy to run their facilities. This was highlighted by Ecova, a total energy and sustainability management company, in its second annual “Big Data Look at Energy Trends: 2008-2012” report.

The company has made use of 2.5 billion points of data from more than 700,000 facilities to come up with this report. The report reflects a decrease in total electric consumption intensity of 8.8 percent and a 6-percent decrease in peak demand.

According to the report, clients of Ecova saved big on energy usage. Compared to standard utilities, these clients had a rate of total consumption reduction three-times higher. There was also a peak time demand reduction of 6 percent. Also, cost of electricity has decreased between 2008 and 2012, the report has stated.

Ecova creates and deploys effective industrial programs and provides clients with verifiable savings. This not only saves money for clients, but also reduces regulatory, reputational and operational risks. These cost-effective and persistent energy savings help clients to stay profitable.

“Energy costs are top-of-mind for many executives, and while many companies are making significant strides in cost and consumption reduction, there is still a lot of work to be done," said Jeff Heggedahl, CEO of Ecova. "Measuring against Ecova's benchmarks will enable companies to evaluate how they are performing in comparison to peers. Data is critical to implementing a successful energy management strategy. It empowers intelligent decision-making, which helps organizations prioritize resources on high-impact projects.”

Recently, the company unveiled The Ecova Blueprint, which is a framework for complete energy and sustainability management. It provides a holistic approach to energy and sustainability management.




Edited by Alisen Downey

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