|[November 14, 2013]
City of Las Vegas Leads the Way with Energy Optimization
SAN FRANCISCO --(Business Wire)--
a leading energy management software company, today announces that the
City of Las Vegas is the first city in the world to deploy its
cloud-based energy management system broadly for optimized power
consumption. The deployment is part of utility NV Energy's
ground-breaking mPowered program. By utilizing BuildingIQ's (News - Alert)
optimization software, Las Vegas has become the first major city in the
country to leverage this type of energy management solution to achieve
meaningful energy savings, while reducing strain on the power grid. It
also enables Las Vegas to lay the foundation for creating a fully
integrated Smart City.
BuildingIQ's Predictive Energy OptimizationTM software learns
a building's HVAC energy patterns to predict consumption. Based on these
predictions and electronic signals sent directly from NV Energy, the
cloud-based system automatically optimizes energy usage and manages DR
events, all while maintaining occupant comfort.
By enrolling in the mPowered program and participating in DR
events, Las Vegas will be able to benefit from access to the software
and the resulting energy reductions. BuildingIQ's software not only
delivers measurable energy and peak load savings, but provides the City
of Las Vegas with insights and detailed tracking of the performance of
its buildings. In addition, the software can be deployed and deliver
results in a wide variety of building types and sizes. This makes it the
perfect solution for the City of Las Vegas' diverse portfolio, which
includes its award winning, LEED Gold city hall.
"Sustainability is one of the core values for our city," said Tom
Perrigo, chief sustainability officer for the city of Las Vegas. "We are
proud to be participating in NV Energy's unique program which aims to
significantly reduce our carbon footprint. The early results from
BuildingIQ's Predictive Energy OptimizationTM solution have
been fantastic and we look forward to seeing wide deployment through our
city and the state."
"The mPowered program, using BuildingIQ's software, is an
excellent example of how a technology vendor, city government, utility
and multiple building mangers can come together in order to begin to
create a Smart City," said Ruthbea Yenser Clarke, Research Director,
global Smart Cities Strategies at IDC (News - Alert). "This program provides a winwin
situation for the stakeholders and creates operational efficiency for
all parties. We'll start to see a wider adoption of these types of
initiatives as they prove successful and people become educated about
the tangible benefits."
"Through the Demand Response Partnership Program, USGBC is working with
those in the commercial building industry and the energy industry to
find solutions that benefit both sides of the grid and the environment,"
said Brendan Owens, VP LEED Technical Development, U.S. Green Building
Council. "We are pleased to be working with NV Energy and their mPowered
program to help drive demand response in LEED buildings such as the City
of Las Vegas' LEED Gold City Hall."
"Demand response can play a pivotal role in meeting the City of Las
Vegas' energy needs without relying on fossil fuel power plants that
pollute our air and consume the state's much-needed water resources,"
said Jim Marston, vice president of Environmental Defense Fund's US
Climate and Energy Program. "EDF applauds the City of Las Vegas for
taking an innovative, dynamic energy management approach that will spur
economic growth, cleaner air and a safer climate for all Nevadians."
"The City of Las Vegas is proof that automated energy management can be
extremely successful in large-scale implementations and help to overcome
some of the barriers that are associated with developing a Smart City,"
said Michael Nark, president & CEO of BuildingIQ. "They are already one
of the most water-smart cities in the country and are now becoming one
of the most energy efficient. The initiatives that have been put into
place are turning it into a beacon of sustainability."
BuildingIQ will be exhibiting at GREENBUILD 2013 from November 20-21 in
the smart grid pavilion, booth 3959. To learn more, visit http://www.buildingiq.com/.
is a leading provider of advanced energy management software that
actively predicts and manages HVAC loads in commercial buildings. As the
only supplier of patent-pending Predictive Energy Optimizationtm
technology, BuildingIQ's cloud-based solution is powering energy and
operational savings in buildings across the globe with reductions in
HVAC energy costs by as much as 25 percent. BuildingIQ delivers
measureable results and has received backing from tier one industry
leaders including Aster Capital (backed by Schneider Electric, Alstom
and Solvay), the Venture Capital unit of Siemens (News - Alert) Financial Services (SFS
VC), Paladin Capital and the Energy Division of the Commonwealth
Scientific and Industrial Research Organisation (CSIRO).
Recognized as a leader in its industry, BuildingIQ most recently was
named winner of the 2013
Bloomberg New Energy Pioneers Award, Fierce
Innovation Awards' "Best in Show", a 2013
Cool Vendor in Green IT and Sustainability by Gartner (News - Alert) and listed on
Global Cleantech 100 and AlwaysOn
Going Green Global 200.
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