EVORA delivers £373k savings in first year of M&T module

Our SIERA Monitoring & Targeting (M&T) module had its first birthday earlier this year, so we decided to take the time to reflect back on all it has achieved in its first year.

Since the module’s release in February 2018, EVORA has begun driving energy efficiency at 51 assets across eleven clients via SIERA Energy M&T programmes. In the first twelve months, these programmes saved 4.1 million kilowatt hours of energy, equating to a cost saving of £373,00 and preventing 1,862 tonnes of carbon emissions.

The backstory

As our Managing Director Chris Bennett explains:

“We had sought an Energy Monitoring and Targeting platform to meet our specific requirements, but we struggled to identify a system that provided both the functional capability and practical approach we needed as energy consultants. Having developed our own sustainability management software, SIERA, it seemed a natural progression to develop our own M&T platform. The end product has given us the optimal tool to support in delivering energy efficiency in buildings and has gained widespread approval by the industry. At the same time, we now have an integrated sustainability and energy management platform, where one set of data both helps optimise energy efficiency, whilst feeding into external reporting requirements such as GRESB”.

Following a combined product development effort between our Consultancy and Software Development teams during 2017, EVORA began its first Monitoring & Targeting programmes in February 2018. We have since produced M&T reports in 3 languages, at a portfolio which now comprises 51 buildings; totalling approximately 6.7 million square feet. 11 clients across 6 countries are now optimising their buildings with the support of smart meter data and our expert consultants.

How does it work?

Developed as a module within our holistic environmental data management software SIERA, M&T integrates directly with providers to pull smart meter data from the source and automatically acquire it on a real-time basis. This allows our expert consultants to feedback quickly on trends and anomalies, and to work with the site team to rectify issues and enhance performance, thereby maximising energy and cost savings.

Successes

We have already seen significant improvements at a number of buildings. By deploying M&T programmes for AEW, EVORA have been able to reduce electricity consumption by 144,419 kWh at one of their largest assets in just 10 months, representing 18% of total electricity consumption and equating to savings of 41TCO₂e of carbon emissions and £16k on utility costs.

Success has not only been seen on the site level; via a set of targeted M&T programmes EVORA has helped drive efficiency across whole portfolios. Working with JLL on a series of UK DWS multi-let assets, M&T programme has contributed to an approximate 8% energy saving; totalling a cost–saving of £58,000.

Building Manager Emma Swan said, “EVORA’s Monitoring & Targeting Programme is working really well at 60 Queen Victoria Street, and we have already identified several improvements within the current plant setup that will help us further drive down electricity consumption and increase our overall sustainability credentials within the building. The monthly call helps to focus our attention on what changes can be easily made and the SIERA platform allows us to monitor consumption in real–time.”.

Across the clients involved in the Monitoring & Targeting programme over the first year, a total of 4.1 million kWh of energy has been saved, equating to 1,862 tonnes of CO2 and approximately £373k saving of utility costs. We’re extremely proud of the service we have been able to provide and the impact we have been able to have. We will continue to strive to improve and enhance the module to further drive efficiencies.

To find out more about M&T, contact us and one of our expert consultants will be happy to help.