January 21, 2018: This past week, the Taka Solutions team had the pleasure of being invited to attend the 2018 Climate Innovations Exchange (CLIX). The CLIX event is part of Abu Dhabi’s larger sustainability week, which aims to empower the global community to reach effective and viable solutions for sustainable energy to mitigate global climate change.
For those not be familiar, CLIX is an organisation dedicated to connecting entrepreneurs and investors on a global level to facilitate partnerships that will promote and power sustainable climate change solutions through innovation, knowledge, and funding. It was an honor to be selected among the finalists to exhibit at this event, presenting our innovative energy retrofit solutions designed to create smarter, energy efficient, cost effective solutions to buildings throughout the UAE.
The Path to Reducing Carbon Emissions in the UAE
In 2006 the World Wildlife Fund (WWF) declared the United Arab Emirates the country with the largest per capita ecological footprint, largely due to its carbon emissions. The oil and real estate boom that transformed the UAE into the home of the world’s tallest buildings, densest collection of skyscrapers, and busiest airports consequently created a very large carbon footprint. However, we all paid attention and have since implemented drastic changes to become the world’s greenest country.
Energy efficient buildings are a top priority to lowering carbon emissions on the path to creating an environmentally conscientious UAE. Additionally, energy efficient buildings experience immediate savings from upgraded equipment and technologies, to include:
- Lowered building operating costs
- Minimised risk against rising energy prices
- Increased asset value
- Increased cash flow
- Reduced carbon emissions
The IoT and Energy Retrofits
The IoT refers to machines and objects embedded with data connectivity and sensors that allow them to connect and communicate in real time with their environment. The data collected by these devices is very valuable to consumers and businesses worldwide.
In the last two years, the number of IoT devices across the world have surged to nearly 8.3 billion (up 31% from 2016). Gartner Research forecasts that by 2020 the number of IoT connected devices will reach over 20 billion. By comparison, in 2016, there were about 6.3 billion connected devices – consisting primarily of smartphones, PCs, and tablets.
The projected growth of the IoT has major implications for building and retrofitting energy-efficient buildings. The IoT allows us to control all the various energy components of a building independently, to include HVAC systems (heating, ventilation, and air conditioning), managed electrical systems (lighting), security systems, room scheduling, digital signage, and much more.
Did you know that buildings account for 40% of the world’s carbon emissions, with the bulk of carbon emissions resulting from the HVAC system?
The Future of Commercial Energy Retrofits
On a global scale, residential and commercial buildings account for upwards of 40% of global energy consumption and carbon emissions. In particular, commercial buildings consume a considerable amount of energy related to HVAC systems (heating, ventilation, and air conditioning), lighting, water, security, and various other building functions.
According to Navigant Research, global revenue for energy efficient commercial building retrofits is expected to increase from $71.4 billion in 2016 to $100.8 billion by 2025. “Worldwide, countries are making commitments to reduce greenhouse gas emissions to mitigate climate change,” says Alvin Chen, research analyst with Navigant Research. “Energy efficiency retrofits will be a key component toward reducing existing energy consumption and reducing the need for new generation.”
Energy efficiency retrofits are a critical step towards decreasing energy demand, enhancing energy security, and decreasing harmful carbon emissions. An energy retrofit from Taka Solutions produces a savings of up to 50% per building, dramatically optimising building efficiency and reducing energy costs and carbon emissions.
Through leveraging the latest in innovative energy-efficient technologies with the ever-expanding Internet of Things (IoT), Taka Solutions provides comprehensive turn-key solutions to usher your building into the future of sustainability. If your organisation is interested in saving energy and saving money using in innovative technologies to retrofit your commercial building, the energy experts at Taka Solutions can help. Contact us to schedule your energy audit or to learn more about propelling your building into the future of sustainability.