Greentech Companies are Ushering in a New-Era of Energy Efficiency: Here’s How

Here are a few ways companies can get started:

• Low energy buildings and infrastructure:
  It is no secret that offices, malls, and universities consume massive amounts of energy daily. Low-energy buildings, also known as smart buildings, use technology to manage energy consumption and can be powered by renewable energy. As these structures consume less energy, they represent potential cost savings and a smaller impact on the environment.
  
  Many major developers are already building energy-efficient smart buildings, and in fact, the building automation industry is poised to be worth US$148.6 billion by 2027. Apart from established names like Schneider Electric and Siemens AG, emerging smart building players include Dutch startup PHYSEE, US–based Scanalytics, and UK-based Ventive.
  
  
• Energy monitoring systems:
  These solutions rely on technology and data to help people understand their energy consumption patterns. They typically track the usage of resources like electricity, heat, and water, and provide energy-saving recommendations via apps or online platforms.
  
  Players in this space include the likes of energy IoT Startup Smart Joules, whose proprietary platform uses sensors and controllers to track and control equipment usage, and Munich-based startup Tado°, which helps people ensure their homes are more affordable and sustainable with its “intelligent climate management” systems.