Inside job: How AI can help reduce emissions in buildings
July 26, 2024
Canadian tools that optimize electricity consumption are helping building operators drive down energy costs and shrink their carbon footprint.
Canadian tools that optimize electricity consumption are helping building operators drive down energy costs and shrink their carbon footprint.
Keep it simple. The energy industry is extremely complicated, and we can get so “into our own story” that we miss the forest for the trees.
Batteries at Etobicoke dairy and beyond let companies cut bills and gas-plant emissions while protecting power supply.
I posed the question to experts at the foremost utility trade conference — DistribuTECH.
Despite the wider slowdown in tech sector funding, some Canadian ventures are bucking the trend. Toronto-based Peak Power, which creates software for optimizing energy use, has inked a deal with cleantech investor Madison Energy Investments worth $200 million in project financing
“In this report, leaders from North America, Europe and Singapore discuss how they are spearheading the green transition through technology, innovation and the will to be a part of the circular economy.”
It’s estimated that we’ll need to double or triple the size of our electricity system between now and 2050. This growing demand is powering growth in the innovation space.
Our Earth has been around for 4.6 billion years. Humans have been here for only a scant fraction of that time. And yet in the past 250 years we’ve destroyed more than 50 per cent of the Earth’s forests and tipped the scale beyond sustainability.
It needn’t be all about sacrifice: cleantech entrepreneurs are building a future that’s more sustainable, more convenient and maybe even more lucrative for the average person.
Peak Power was founded by self-described energy nerds in 2015 and is the only company operating battery storage, grid interactive buildings, and bi-directional electric vehicles with a single platform for partners to achieve net-zero goals, cut operating expenses, and unlock new revenue opportunities.
Contact us to book your free virtual site assessment to determine if distributed energy resources could contribute to your financial and environmental goals.