In this episode Michael dives into the crucial topic of sustainability in our spaces. Energy consumption is at the forefront of environmental impact, and organizations are increasingly scrutinizing their energy usage, not only for sustainability but also for cost-saving measures.

Here are five highlights from this discussion:

1. Understanding Energy Monitoring: Energy monitoring is more than just tracking consumption; it's about understanding what drives energy usage and how it can be optimized for sustainability and cost-efficiency.
2. The Pitfalls of Traditional Approaches: Many organizations are merely scratching the surface with manual energy monitoring methods. Relying solely on utility bills or basic power monitors provides limited insights and fails to address the root causes of energy inefficiency.
3. Importance of Contextual Data: Knowing how much energy is being used is insufficient without understanding what is driving that consumption. Contextual data, such as identifying specific equipment or systems contributing to energy usage, is crucial for making informed decisions and implementing targeted improvements.
4. Real-World Examples: We discuss a case involving a multinational financial institution where traditional energy monitoring methods failed to identify excessive lighting usage during unoccupied hours. This highlights the importance of understanding not just how much energy is used but also when and why.
5. Leadership and Innovation: To drive meaningful change, leadership is essential. Organizations need to set the bar higher for energy monitoring and actively seek innovative solutions that provide actionable insights for sustainability initiatives.

By prioritizing the collection and analysis of contextual energy data, organizations can make informed decisions that drive real change, both environmentally and economically. Remember, actions speak louder than words, and it's up to leaders to spearhead initiatives that truly make a difference.

For more insights on creating smarter and more sustainable spaces, visit our website at Creating Smarter Spaces.

Thank you for joining us on this journey towards a more sustainable future!

External references from this episode

• North America Building Automation Systems Market Size & Share Analysis - Industry Research Report - Growth Trends
• Michael Grant on LinkedIn: I thought you had fixed your problem with your lights…
• Corporate real estate strategy in the COVID-19 era. | McKinsey

Creating Smarter Spaces | How to Monitor Workplace Energy Usage to Enable Action

https://www.smarterspaces.live/monitor-workplace-energy-usage/

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