Why Building Energy Modeling and Analysis for Significant Energy Savings

Building Energy Modeling & Analysis for Significant Energy Savings

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Building Energy Modeling & Analysis for Significant Energy Savings What is Energy Modeling and why should you opt for it? What do you gain from it?

These questions might concern you as saving energy has become a necessity today. Accomplishing goals with minimum/optimum energy consumption is a task that requires a lot of hard work into achieving it.

ÂŁ People in energy field should ensure

building energy-efficient models for estimating initial and eventual energy cost savings. ÂŁ Energy estimation before setting up an

energy-based project is imperative for an investor.

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Why should you, at all, opt for Energy Modeling?

Investing into any business is risky. £ £ When you decide to set up a business and invest

money in it, you are unaware of whether it will offer you good returns or not? £ Why is it advised to opt for initial energy cost

savings estimation? £ It is so because if the structure you build fails to

give you good returns and projected cost savings are not met, all your money will go down the drain. £ This is one way of introducing risk in a project. £ The loss incurred is heavy and to avoid getting into the same situation again, you

should first build an energy model and analyze its cost savings structure.

Risk introduction: The other way through which risk is introduced in a project is via inefficient and ineffective process-execution and underperformance of energy-efficient components.

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What is the role of a financial analyst here? £ A financial analyst's involvement is of high importance in helping build an energy-efficient model. £ Failing to provide correct information about what

is considered a potential risk while dealing with energy-based projects, leaves the financial analyst in lurch. £ The financial analyst is left with no other means

to price fairly the rate of return. £ With the help of building simulation software, you can know in advance more about

energy use and costs savings. £ The software enables you identify and characterize a building's geometry and its

material's thermal characteristics.

By working on these features, an Energy Modeling expert calculates associated risks and benefits of energy-efficient components, structure design and availability of extra space.

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Energy Modeling £ Energy Modeling associated with design of high performance structures looks at estimated solutions worked upon to meet energy saving targets. £ Comfort analysis should be carried out

properly. £ Financial analyst and energy modeler are

two key positions in an energy firm. The job demands several high-performance responsibilities to be met without compromises made on the quality.

Different ways of Energy Modeling Out of the many ways of Energy Modeling one deals with new designs; second one focuses on retrofits and the third one is actuarial-based technique that explores results from simulation and field data. £ In the actuarial method, data from simulated energy efficient projects is used and

categorized under certain parameters. £ Later the data is fed into a database from where it is drawn upon to decide about the

costs saving estimates and related uncertainties.

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Risk Management

ÂŁ Risk is avertable. It can be managed well at project level. ÂŁ Designing an energy efficient building is dependent upon application of best-

practices including risk assessment analysis. ÂŁ On the other hand, ignorance and poor implementation can lead to under

performance, operational problems and increased costs.

How to improvise?

To rectify underperformance, concerned project management team should seek services of proficient service providers and keep a tab on actual energy performance.

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What is a must-have for BEM? Reacting to an emerging need of Building Energy Modeling (BEM) backed practices, consistent implementation of Energy Modeling applications including energyefficient strategy and owning a green building certificate is essential.

£ BEM is one of the main modules of an integrated operation chain that produces energy-efficient and low-energy & low-cost buildings with high energy performance. £ Experts into Energy Modeling should introduce their design teams to a detailed

feedback during the design phase. £ Building Energy Modeling is a not-so-complex process and the professionals are free

to work creatively. £ Optimizing energy use has a positive impact on the cost savings of buildings and

emission of greenhouse gas into the atmosphere.

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Wondered why, of late, energy-efficient buildings/green buildings have caught fancy of energy firms? ÂŁ The reason is the consistent rise in the global atmospheric temperature. Global Warming has led to the warming up of the planet Earth. This is hostile to the vital sustenance of mankind. ÂŁ This has, however, pushed everyone to contribute his/her bit in reducing the

damaging effects of Global Warming. This is the reason why innovation in designing and building energy modeling is given high priority over others.

In addition to this is another trend — Building simulation technology central to climate change alleviating approaches.

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Why is there an overt inclination towards energy-efficient designs?

Building energy-efficient structures reduces facility operating costs.

Energy Analysis ÂŁ Carrying out an energy analysis is one way of judging the relative energy performance

designs in new and existing buildings. ÂŁ The company's management should ensure its employees possess enough knowledge

of current technology and energy products before giving out details of low-energy analysis and design services. ÂŁ Prerequisite for building any energy-efficiency structure requires the company's

experts to be well acquainted with concepts of thermal principles of heat-gain/loss.

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TAKEAWAYS £ BEM is a major component of an integrated operation chain that gives rise to lowenergy & low-cost energy efficient buildings. £ Energy-efficient buildings are the future. £ Risk analysis and energy cost savings are very important aspects of BEM. £ Use of Building Simulation Software enables an energy firm know more about energy

use and consumption. £ Risk is avertable. £ Correct analysis is priceless. £ It is essential to keep a check on the energy performance of an energy firm.

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COMPANY PROFILE Hi-Tech Outsourcing Services is an ISO 9001:2008 certified and privately owned firm, established in 1992. With current employee strength of over 700 professionals, the company offers services in BPO, Architectural Engineering Construction Services, Engineering Solutions and Software Solutions. Hi-Tech's primary customer base is USA, Canada, UK, EU, Australia, Middle-East and other countries. Outsourcing your projects to Hi-Tech will save 60%-70% on client's costs.

Hi-Tech is affiliated with several national and international business groups and industrial bodies. This enables the company to stay connected with its clients across the globe.

Hi-Tech is affiliated to the following: £ U.S. Chamber of Commerce £ Indo-American Chamber of Commerce (IACC) £ U.S. Green Building Council (USGBC) £ Software Technology Parks of India (STPI) £ Computer Society of India (CSI) £ Confederation of Indian Industry (CII) £ National Association of Software and Service Companies (NASSCOM) £ Gujarat Electronics & Software Industries Association (GESIA)

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CLIENT LIST

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CONTACT Ahmedabad - Headquarter Hi-Tech House, B/H V-Murti Complex, Near Gurukul Tower, Gurukul, Ahmedabad380 052, Gujarat, India.

Phone: +91-794-000-3000 +91-793-014-3000 Fax :

+91-794-000-3202

E-Mail: info@hitechcaddservices.com Ahmedabad Office 3rd Floor, Chanakya Plaza, New C.G. Road Opp. Swagat I Chandkheda Ahmedabad – 380 006 Gujarat India Cochin Office 43-A E Block 3rd Floor, Cochin Special Economic Zone (CSEZ) Kakkanad Cochin - 682 037 Kerala India

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THE AUTHOR

Megha Sharma is Hi-Tech's content developer. She regularly administers matter related to various social media platforms and creates content on topics under SEO, ITO, ESO, and BPO among others.

Megha is responsible for measuring and scaling efforts, the organization puts into various activities online.

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BIBLIOGRAPHY £ http://ryansarold.blogspot.in/2012/10/energy-modeling-and-your-retrofit.html £ http://www.ecobuildtrends.com/2011/12/veras-top-ten-wish-list-for-2012.html £ http://www.uk-energy-saving.com/home_energy_efficiency_scheme.html £ http://www.outsidetheboxconstruction.com/energyefficiency.html £ http://www.conserveconsultants.com/energyModellingsimulation.php £ http://archive.csbe.org/AREE/press_release.htm £ http://www.i-designs.ca/blog/misc/reevaluating-saskatchewans-building-energy-

standards £ http://www.energysolve.ie/index.php/nsaisei/

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