IES WEBINAR: BIG DATA TRENDS

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Big Data: Energy Trends and Highlights Presenter: Rick Clough, Director, Data Sciences with Ecova Date: 10.29.13

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Big data trends and highlights. Identifying and prioritizing facilities using exceess energy. Recorded Date: 10/29/2013 Hosts: Rick Clough, Director, Data Sciences, with Ecova

Transcript of IES WEBINAR: BIG DATA TRENDS

Page 1: IES WEBINAR: BIG DATA TRENDS

Big Data: Energy Trends and Highlights

Presenter: Rick Clough, Director, Data Sciences with EcovaDate: 10.29.13

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Agenda

Ecova Update

White Paper Brief

Ecova Data Relevance

Consumption Highlights

Peak Demand Highlights

Price Highlights

Summary – Best Practices

Wrap Up

Q & A

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Ecova Overview

Growing Results on Saving Resources Technology enabled solutions for both sides of the utility meter that enable companies to manage their energy and sustainability expenses and usage

Founded in 1996, 1,300 employees today

Over 700 commercial and industrial clients = 24% of the Fortune 500

Nearly 50 utility and energy efficiency organization clients

Ecova processes nearly $20B in energy and resource expenditures

ENERGY STAR award winner nine years in a row

Ecova handles over 8% of the commercial electric load in the U.S.

Total Energy and Sustainability Management

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White Paper Brief

U.S. Commercial Facilities

Commercial facilities account for 36% of U.S. electricity consumption

The associated cost for that consumption is over $190 billion

Responsible for 18% of U.S. carbon dioxide emissions

U.S. Environmental Protection Agency claims that 30% of all consumption is wasted

Ecova’s Client Base Consumption has experienced shift since 2008

Peak demand has followed the consumption shift trend

However, a number of vertical markets have seen an erosion in one measure of energy efficiency – load factor

Energy prices have been low, but are about to take a turn

Water/sewer rates continue to escalate

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Ecova Data Relevance - Highlights

Over 700,000 sites

One of the largest databases of commercial

building energy use in the U.S.

Most refreshed and accurate data

available

Significant market share across key vertical markets

External peer benchmarking

capability unmatched

Over 1 billion transactionscaptured daily

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Ecova Data Relevance and Client Requirements

Process to identify and prioritize facilities using excess energy

Steps to develop a long-term plan

What is the Client’s Business

Problem that Energy Big Data

Solves?

Client Business Problem

Client Business Challenges

• missing invoices (~9%)• incorrect data (up to

6%)• data normalization• data storage, mining

tools, models/algorithms

Data EquipmentFacilities

• openings and closings• remodels• acquisitions• mergers

• degradation patterns• new equipment• holistic systems• re-commissioning• maintenance practices

Performance

• benchmarking/metrics• efficiency projects• investment business cases• measurement & validation

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Consumption Highlights – Energy Intensity

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Average Annual kWh per Sqft : 2012 indexed to 2008

Note : Consumption weather normalized using 2008 as the baseline weather year.

Consumption down by 8.8%

Many clients have implemented cost cutting programs

Utility-sponsored programs have been embraced for the purchase of new technologies to drive operational improvements

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Consumption Highlights – EIA and Ecova

Note : Consumption weather normalized using 2008 as the baseline weather year.

Ecova clients experienced greater rate of reduction than overall commercial facilities as indicated by EIA

CO2 Scorecard claims that 75% of the 2012 CO2 reduction is due to efficiency gains as opposed to increased use of natural gas in generation stacks

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Indexed Consumption TrendsUS Energy Information Administration (EIA) and Ecova

Ecova (Weather Normalized) EIA

-1.8%

-6.4%

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Consumption Highlights – Vertical Markets

Small and medium box retail have led the way with consumption reductions Healthcare has pressures like no other vertical, and energy intensity is increasing

Small Box Retail - 0-7500 Sqf t

Medium Box Retail - 7500-25000 Sqft

Mercantile (Malls)

Warehouse and Storage

Service

Off ice

Food Sales-Convenience Stores

Education

Public Assembly

Big Box Retail - 25000+ Sqf t

Food Service-Casual Dining

Food Sales-Grocery

Lodging

Food Service-Quick Serve

Industrial

Healthcare (Outpatient)

Healthcare (Inpatient)

Total

-14.0% -12.0% -10.0% -8.0% -6.0% -4.0% -2.0% 0.0% 2.0% 4.0% 6.0%

Consumption Change: 2012 Baselined to 2008

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Peak Demand Trends

Peak demand falls by 6%, compared to consumption, which falls by 8.8%

When peak demand lags consumption reduction, load factor (measure of energy efficiency) declines

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Annual Consumption vs Peak Demand Trend

Peak Demand Consumption Consumption (Weather Normalized)

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Load Factor – Select Vertical Markets(measure of the uniformity and efficiency of electricity use)

Load Factor (percent) =[(Total kWh) / (# Days in Bill Cycle x 24 hrs./day)] / [Peak kW Demand]

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Pricing Trends – Natural Gas

Natural Gas Pricing Trends2008 Baseline

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Average Annual $/Therm : 2008 through 2012

Indexed Natural Gas Unit Cost

Natural gas prices decreased by 36%

Prices are expected to rise over next two years

Demand-supply is expected to tighten

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Pricing Trends - Electric

Electric Pricing Trends2008 Baseline

Prices in deregulated markets decreased by 14%

Regulated market prices experienced a 4% increase

Prices are expected to rise over next two years

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Pricing Trends -Water

$/Kgal increased by ~30%

Prices are expected to continue to rise

• infrastructure investment needed

• water shortages

What are clients doing to mitigate price increases?

• majority have strategies to cut water use

• however, majority do NOT have water performance benchmarks in place

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Average Annual $/Kgal : 2008 through 2012

Indexed Water/Sewer Unit Cost

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Putting Big Data to Work: Client Best Practices

Baseline and Trend Analysis Trend analysis helps gauge energy consumption and energy intensity

Forecasting Creates visibility into projections that affect risk and profitability

Facility Benchmarks: targeting facilities for improvement

Internal benchmarks help identify positive and negative portfolio outliers with an emphasis on targeting facilities for improved energy performance

External benchmarks provide a performance gauge for companies relative to competitors within the same vertical market segment

Advanced Analytics Fine-tune data sets with other parameters (e.g. business productivity, weather,

operating characteristics)

Measurement and Verification Measurement is essential to determine what’s working and what’s not

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Wrap Up

Consumption has experienced shift since 2008 • Down by 8.8%

Peak demand has followed the consumption shift trend • Down by 6%

• Some vertical markets have seen an erosion in energy efficiency as load factor has declined

Energy prices have been low, but are about to take a turn• Electric: Deregulated down by 14%; Regulated up by 4%

• Natural Gas: down by 36%

Water/sewer rates continue to escalate • Up by ~30%

Ecova’s Client Base – Trends Since 2008

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Summary

Ecova Update

White Paper Brief

Ecova Data Relevance

Consumption Highlights

Peak Demand Highlights

Price Highlights

Summary – Best Practices

Q & A

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Upcoming Ecova Webinars

INSIDE ENERGY & SUSTAINABILITY

Resource Benchmarking Reports Solutions Webinar – October

31st 10am PST

Make Your Energy Audit Worth the Investment – November 5th

1pm PST

Questions, comments, suggestions? [email protected]

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Q&ARick CloughDirector, Data [email protected]

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Thank you!