“the pace and scale of deployment of renewables and energy efficiency must increase”
World leaders have adopted a draft decision after intense negotiations at COP28, focusing on climate priorities.
COP28 featured a record attendance, significant funding commitments, and various pledges, including those related to energy efficiency, renewable energy, and methane reduction.
What does this mean for 2024?
Now, more than ever, there is a pressing demand for energy efficiency, a goal best achieved through the implementation of an Energy Management Action Plan (E-MAP). E-MAPs serve as a strategic roadmap for optimizing energy usage in your building, helping you align your climate objectives with global trends.
The average Ontario Energy Use Intensity (EUI) for commercial offices is around 25 ekWh/sqft.yr. However, in our database, we are seeing around 20 ekWh/sqft – 25% better. Efficiency Valuation Organization (EVO) IPMVP Guidelines were used to prepare the Measurement and Verification (M&V) Plan.
This means that Energy Efficiency continues to offer a major opportunity to reduce cost, respond to environmental pressures and increase asset value: The perfect ESG response.
Consider what is available:
Consider what is available:
- Existing Building Commissioning (EBCx) incentives are available through Save on Energy. Energy@Work, as authorized Commissioning Professionals, can help get you started.
- For precise monitoring and goal targeting, we highly recommend utilizing RETScreen's latest software release, V9.1.
- Notably, Toronto Bylaw 367 mandates energy and water use reporting for buildings exceeding 10,000 square feet: Deadline July 1st, 2024.
Energy@Work can serve as your licensed professional to assist with compliance.
Energy@Work is here to help. Whether it’s developing your ESG strategy, exploring EBCx or starting your Energy Management Action Plan (E-MAP), feel free to contact us to get started or to accelerate your success!
