Energy Management Systems to see rapid growth

According to a Pike Research report released this week, the market for energy management systems (EMS) in commercial buildings will grow rapidly to become a $6.3 billion industry by 2020. The reason behind this growth is the expected widespread adoption of demand response in commercial buildings. EMS systems are based on hi-tech building management software, which enables demand response by allowing building systems to adjust power usage to reflect grid conditions.

Reports of new product launches of smart grid and energy management tools and software by clean energy companies, such as Comverge and  Sequentric, are now daily events. Many of these companies gathered this week at the 2009 Cleantech Open in San Francisco, where Redwood City company EcoFactor won the Cleantech Open award for its energy management system that can talk to home thermostats to reduce energy usage.

email this page to a friend  print this page

Leave a comment or suggestion...

Required. The content of this field is kept private and will not be shown publicly.
If you have your own website, enter its full address (beginning with http://).
  • Web page addresses and e-mail addresses turn into links automatically.
  • Use to create page breaks.

More information about formatting options

This question is for testing whether you are a human visitor and to prevent automated spam submissions.
Enter the characters shown in the image.