Industry News




 

11/21/2013

Building Automation Growth Predicted to Surge in U.S.

 
BAS market is projected to grow.

The U.S. market for building automation equipment is projected to grow by more than 40%to $2.24 billionover the next five years, spurred by the need for commercial buildings to consume energy more efficiently, according to a new report from IHS.

Findings suggest that with electricity rates on the rise, driven by increasing wholesale prices and investments in renewable sources of energy, demand for lower energy consumption in buildings is bound to occur.

The cost of electricity is a major factor in the operational efficiency of a commercial building structure, which explains why building automation systems could play an important role. Prices for U.S. retail electric power will increase by 8% from 2012 to 2020, IHS CERA forecasts, with a sizable proportion of the increase in price related to the investments being made by the market in renewable energy.

A similar story is unfolding in Germany, where the Energiewende policy is promoting the move away from nuclear and fossil-fuel power generation and toward renewable sources of energy. Such investments are driving up the cost of energy overall and adding pressure to the already stretched operational budgets of many commercial and government organizations.

The full report can be found at IHS.  

 


Visit our website today to learn about the design flexibility of a Morton building and the endless possibilities of partnering with our designBUILD team.


Wood construction is both cost and energy efficient. Check out Morton Buildings and our designBUILD team online today to discover all the benefits of post-frame construction.


When choosing a metal-clad building for your next construction project, consider Morton Buildings, Inc., and their designBUILD team, we’ll make your dream a reality.

We Can Help You Reduce Energy by 30%

Our mission is to help our customers manage their buildings' energy costs, improve reliability, and enhance performance while having a positive impact on the environment.
CLICK HERE to find out how.

Add highly responsive multi-zone comfort to any building project, in any climate. Our CITY MULTI H2i R2- and Y-Series VRF systems give you flexibility to fit the needs of any building. Enjoy 100% heating capacity at 0°F outdoor ambient, and 85% heating capacity at -13°F outdoor ambient.  For more information, log on to www.mitsubishipro.com


Visit our website today to learn about the design flexibility of a Morton building and the endless possibilities of partnering with our designBUILD team.


Wood construction is both cost and energy efficient. Check out Morton Buildings and our designBUILD team online today to discover all the benefits of post-frame construction.


When choosing a metal-clad building for your next construction project, consider Morton Buildings, Inc., and their designBUILD team, we’ll make your dream a reality.

We Can Help You Reduce Energy by 30%

Our mission is to help our customers manage their buildings' energy costs, improve reliability, and enhance performance while having a positive impact on the environment.
CLICK HERE to find out how.

Add highly responsive multi-zone comfort to any building project, in any climate. Our CITY MULTI H2i R2- and Y-Series VRF systems give you flexibility to fit the needs of any building. Enjoy 100% heating capacity at 0°F outdoor ambient, and 85% heating capacity at -13°F outdoor ambient.  For more information, log on to www.mitsubishipro.com

 
12/19/2014

Agreement will improve sustainability in parking operations.

12/18/2014

Ruling aims to make U.S. photovoltaics more competitive.

12/17/2014

Tests show geothermal could cut costs up to 44%.

12/16/2014

New provisions added before end of session.

12/15/2014

Ultraviolet regimen can reduce incidence of dangerous viruses up to 20%.

12/12/2014

New design keeps heat from entering buildings.

12/11/2014

Provision covers new construction and retrofits.

12/10/2014

New rule will cut consumption by 15-20%.

12/09/2014

Recent rainfall not enough to offset groundwater losses.

12/08/2014

New technology allows record-high energy output.

12/05/2014

New “heat mirror” could revolutionize facility cooling.

12/04/2014

Education improves efficiency and employee happiness.

12/03/2014

Interactive building guide provides directions.

12/02/2014

Study shows walking at work can improve focus, mental health.

12/01/2014

Ruling would further limit smog emissions.

11/26/2014

Survey shows green initiatives pay off in hiring as well as energy.

11/25/2014

More executives choosing alternatives to LEED.

11/24/2014

EPA challenge to increase diversion rates for the holidays.

11/21/2014

Framework allows users a better look at roofing's environmental impact.

11/20/2014

Study finds paper towel dispensers carry far fewer germs.

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