Industrial Energy Efficiency: How the Internet of Things is Helping Canadian Businesses Save Energy

Saving energy is no longer just about turning out the lights. Between rising energy costs, greater competition, and growing awareness of climate change, energy efficiency has become a top priority across many industries in Canada.

Thanks to the Internet of Things (IoT), companies both large and small have greater access to and more options for energy-saving solutions than ever. Wireless devices can actively monitor and regulate energy consumption to deliver real-time savings. Here’s how saving energy in 2018 is different from years past — and how your business can benefit.

Why Saving Energy is Different in 2018

Today’s large-scale industrial energy efficiency projects were unfeasible just a few decades ago. Back in the 1970’s and 80’s, technology had not yet caught up with the growing desire to save energy, and few businesses had the resources to invest in energy-saving ventures.

Using less energy often required sacrifices on the part of business owners and their employees — turning out the lights, lowering the heat, and cutting work hours to have on lighting and HVAC costs. Neither workers nor customers were happy about these measures, but there was little else we could do

That is changing with the Internet of Things. The current conversation about saving energy is no longer about how we can cut back, but how we can increase and leverage internet connectivity to manage our resources better.

The Internet of Things in Industrial Energy Efficiency Projects

The Internet of Things (IoT) refers to the network of devices that contain embedded software and technology which can communicate and interact with the external environment. Today, IoT touches every sector of the economy and many aspects of our daily lives: just about everyone owns a smartphone, for instance, and an increasing number of people use smart devices like smart thermostats and speakers. But the potential applications of IoT stretch far beyond consumer products.

In the world of industrial energy management, companies are adopting interconnected systems of devices designed to regulate and monitor a facility’s energy consumption. Environmental sensors can adjust the temperature and humidity in response to changing weather conditions; lighting systems can turn on or off in response to motion; leak detectors can alert maintenance crews to problems the moment they occur.

These systems give businesses greater control of how they consume energy on a day-to-day basis. And although these devices require energy as well, the potential energy savings far outweigh what little they consume. A report by the Global e-Sustainability Initiative (GESI)predicts that these technologies will save almost ten times the carbon dioxide emissions they generate by 2030.

Benefits Beyond Energy Efficiency

Saving energy doesn’t have to come at the expense of creature comforts. In addition to lowering operating costs, IoT allows for improvements in air quality and temperature management that lead to happier employees and customers. A safer, more comfortable environment is just good for business. It’s like having your cake and eating it too!

Read our case studies to see how our solutions are helping real Canadian businesses save energy, or contact Tradeforce Tech to get your industrial energy efficiency project off the ground.

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