Demand Logic calls for a metering revolution with Virtual Meters creating an actionable pathway to net-zero
- Demand Logic’s Virtual Meters technology helps to lower buildings’ energy consumption and reduce operational carbon emissions.
- Within four months, partners at Brindleyplace reduced energy usage by 15%.
- Meters have demonstrated a 50%-60% reduction in Low Temperature Hot Water (LTHW) system energy consumption.
- Gas used to heat buildings accounts for a fifth of the UK’s overall emissions according to Carbon Brief.
The UK is now halfway to achieving its target of meeting net-zero emissions by 2050, however, the gas used to heat the majority of buildings accounts for a fifth of overall emissions according to Carbon Brief. Demand Logic is helping building owners to lower emissions from their properties and has added to its existing multi-award-winning Building Analytics Platform with its advanced metering analytics. Demand Logic’s Virtual Meters have on several occasions demonstrated a 50%-60% reduction in the energy consumption of major systems such as Low Temperature Hot Water (LTHW) systems when using Demand Logic's Building Analytics platform.
Many organisations are left to make assumptions about energy spikes, or carry out time-consuming and costly physical assessments of equipment due to a lack of metering granularity. Where current market solutions end their insight at smart meter and submeter data, Demand Logic’s Virtual Meters allow users to ‘look behind the meter’, extending insight to the different systems and the individual plant items ultimately responsible for consumption. Virtual Meter data is live, meaning that teams can make proactive decisions based on real-time consumption, without having to wait for a retrospective monthly report.
The platform was developed in-house and was released at the end of 2020. Since then, there have been continuous improvements to help solve the underlying issues in buildings. All of Demand Logic’s partners now have access to Virtual Meters, leading to improved performance across buildings. For example, partners at Brindleyplace identified inefficiencies with operational run times leading to a reduction in energy and cost per plant items across the entire estate. Within the first four months of using the service, they had made a 15% reduction in energy usage.
Gary Hawkswood, Estate Manager at Brindleyplace, commented:
“Since implementation, Demand Logic has helped identify inefficiencies with operational run times of plant items with the Virtual Meters demonstrating the reduction in energy and cost per plant item and the buildings as a whole.”
The creation of potentially hundreds of Virtual Meters in a building makes demand-driven consumption divisible for different tenants, parts of a building or even individual fans. As building owners become more aware of the need to reduce operational carbon emissions, and the need to identify the cause of excess consumption, Demand Logic’s Virtual Meters provide an actionable pathway to net-zero.
Mike Darby, CEO and co-founder of Demand Logic, commented:
“Virtual Meters bridge the gap between building-wide consumption reporting and identifying the very equipment driving that consumption and causing the performance gap in buildings. This allows our partners to make informed decisions based on live data and insight to issues, rather than relying on historic energy reports.”
“Demand Logic’s building analytics already helps businesses identify what’s working and what’s not in buildings to dramatically reduce carbon emissions and save money. Our metering updates mean that our clients will benefit from even greater insight and reporting capabilities”
Recently, Demand Logic joined forces with GHS Limited at the Hanover Square development in central London to help them achieve their net-zero targets. In June, the proptech company analysed 1,055,707,911 time series data from across their wide portfolio of clients. To keep up to date with Demand Logic, and learn more about what they do, visit their website.
