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An electricity and GHG emissions control, automation and management system for electricity used by building occupants and large building devices in commercial buildings
About
measurable.energy’s simple aim is to eliminate all wasted energy and Greenhouse Gas (GHG) emissions from buildings, automatically and without any extra burden to occupants. The m.e Platform focuses on Small Power, sometimes known as Plug Load power, which can account for up to 40% of a commercial buildings’ energy consumption and has no useful management system. Up to half of Small Power can be classed as wasted energy and GHG emissions, and the m.e Platform is designed to simply fit into this infrastructure and management gap, automatically identifying Small Power wasted energy and controlling it, reducing total energy costs and GHG emissions by up to 50%, provide a ~3-year payback, and boost occupant sustainability behaviour. Our proposition to facilities management teams, building managers and estate owners is simple; eliminate wasted energy by either switching it off, or use it for something useful like Demand Side Response (DSR). From our customer pilots we can confirm that around 30-40% of Small Power can be classified as wasted, all we have to do is find it. To find wasted energy, we use our purpose designed m.e Power Sockets that record data very frequently and accurately (nothing like this exists on the market today). That data is the key to our offering and is useable in our Machine Learning (ML) algorithms that’s designed to identify what’s plugged-in, what context the device is in, and then classify it as wasted or not. We can then interact with a user or automatically control that waste using the m.e Power Socket. The key for us is data and lots of it, the more data we collect, the better we get at spotting wasted energy. We don’t miss our building occupants either. Our in-built ‘Impact Indicator’, a traffic light system for carbon or electricity use, is designed to provide a visual cue to an otherwise silent and invisible use of energy. This won’t stop people using energy when they need it of course, but it might start people thinking of the best and worst times to use energy for both cost and carbon reasons.
Key Benefits
- An elimination of wasted energy and GHG emissions from small power energy loads (aka plug load). - A reduction of at least 15% of total building electricity use. - Around 2 years payback on investment, with hardware designed to last 10 years. - Hardware also provides real-time feedback of building behaviour and infrastructure to transform building security, safety and maintenance - Elimination of manual reporting and monitoring tasks reduces workload - m.e Virtual Load enables complete Demand Side Flexibility
Applications
measurable.energy (m.e) is positioned in the PropTech and Machine Learning market space which integrates capabilities across the energy, building and technology services market. m.e offers a hybrid SaaS revenue model with a periodic subscription to our software services. To begin we're selling our own hardware that's cheaper and more advanced than other 'smart sockets' - in the future, we're able to use 3rd party hardware too. In the UK there are over 400,000 commercial offices, featuring at least 21 million power sockets. Small Power (SP) (aka plug load power) accounts for ~40% of commercial building's energy consumption and over £600 million was spent on SP alone in 2015. m.e's key audience are the Facilities management firms, Corporate Real Estate (CRE) and co-working space operators that own and run these offices. These statistics aren’t unique to the UK and are proportionally replicated in US (1 million commercial building), EU and global markets too. COVID-19 has already begun to disrupt CRE operators, with traditional offices in question and home and anywhere working increasing. CRE is likely to change to accelerate its change to a more flexible, more distributed model, with people having a home, local shared and head office for different purposes. This flexibility means more devices, more screens, and crucially the need to be able to control power. m.e is in the perfect position to take advantage of this change, offering workspace power management anywhere and ensuring no wasted energy occurs. Further to our current core focus of commercial buildings, our product roadmap includes global residential markets and applying our Machine Learning algorithms at identifying wasted energy to other energy consuming markets (e.g. EV, Industrial etc..). The m.e. Platform could be particularly useful for developing countries where renewable energy supply and demand is highly variable and in need of careful use management.