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

 
01/30/2015

Hotel, office facilities sectors expected to see big growth.

01/29/2015

Electricity-saving upgrades for vertical transportation.

01/28/2015

Building expenditures shown to benefit workers, businesses.

01/27/2015

Scent “temperatures” shown to have measurable effect on consumer behavior.

01/26/2015

Photovoltaic devices could cut costs, improve system versatility.

01/23/2015

Data shows earth's surface temperature increase to a new high

01/22/2015

New reports show ownership could have fast benefits.

01/21/2015

New formula kills germs, prevents them from reappearing.

01/20/2015

 Study shows properly maintained roofing can last as long as buildings.

01/19/2015

Increases projected at nearly 10% per year.

01/16/2015

Pollution, health improvements more powerful motivators than cost savings.

01/15/2015

Administration looks to cut GHGs from oil, natural gas production.

01/14/2015

Vegetation effective at dampening noise.

01/13/2015

Database will aid in making green purchasing decisions. 

01/12/2015

Includes best practices for energy monitoring and reduction.

01/09/2015

Study shows majority of reserves must be left alone to mitigate climate change.

01/08/2015

Energy department looks to standardize definition.

01/07/2015

Plus 12 best practices to reduce operating costs. 

01/06/2015

Improvements extend beyond energy efficiency to carbon emissions.

01/05/2015

Rule expected to cut carbon emissions, electricity use in lighting.

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