Building management systems should be at the core of new scheme targeting residential energy efficiency projects

Building management systems (BMS) capable of significantly reducing energy expenditure within a building, while in the same time monitoring air and environmental quality, should be among the core solutions targeted within The Smart Finance for Smart Buildings project, which aims at making investments in residential energy efficiency projects more attractive to private investors.

The EU-backed project aims to unlock a total of €10 billion (£8.75bn) in public and private funds between now and 2020 for energy efficiency projects.

The European Commission said the initiative will help de-risk investments in the buildings sector, “giving investors and financiers a better understanding of the risks and benefits” of the investments.

It is estimated to support up to 220,000 jobs and help establish a renovation market for small businesses worth up to €120 billion (£105bn).

It suggests up to 3.2 million households could also be taken out of fuel poverty.

Miguel Arias Cañete, Commissioner for Climate Action and Energy said: “The building and housing sector accounts for 40% of Europe’s energy consumption but it needs much more investment and this initiative will help reduce the gap. It will also create local jobs and reduce energy poverty by using EU funds intelligently in a cost-effective way.”

HeatingSave Building Energy Monitoring and Management Systems – the perfect solutions to monitor and control energy within your dwelling

The HeatingSave Building Energy Monitor is a wireless management system that collects information from sensors placed in a building. It is unobtrusive and causes minimal disruption during installation. The system collects internal and external temperature data, along with information on how the heating system works and details of energy use. It also monitors the way a building is used in terms of its occupancy and the occupants’ activities and lifestyles.

Using a password protected standard WiFi connection, sensors can quickly be set up to review and quantitatively analyse the data with user-friendly software graphics, via a laptop, PC, mobile phone or tablet-based device.

A cable connection to the building router also enables data to be uploaded to HeatingSave’s cloud storage servers, where it can be analysed by sophisticated software. This provides a clear understanding of the real impact of energy efficiency measures, for example through pre-installation analysis and post-installation monitoring.

Building owners can access their energy usage details online to help them manage energy use more efficiently. This information is presented using a dashboard system that provides consolidated and drill down views of the energy use data.

If you’d like to find out more about the HeatingSave Building Energy Monitor and just how easily it can be deployed within any home, just contact us, and we’ll be more than happy to answer any of your questions and queries.