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New Coalition for the Energy Efficiency of Buildings (CEEB) aims to streamline financing for energy improvement projects

The Green Finance Institute has recently announced the formation of the Coalition for the Energy Efficiency of Buildings (CEEB), which aims to develop the market for financing net-zero carbon and climate-resilient buildings in the UK by accelerating the pace of financial innovation and scale-up.

According to a press release, the CEEB comprises global experts from financial services, local and national government, energy and construction industries, academia and civil society.

With the support of the independent climate change think tank E3G, as secretariat, this is the first Coalition bringing together dynamic private, public and third-sector organisations[1] to focus on launching a series of scalable demonstration projects of financial products and solutions. These will aim to deploy capital to address specific challenges that limit the uptake of energy-efficiency measures in the residential building market in the UK.

“The growing recognition that real estate asset values will become increasingly correlated with climate risk highlights both the urgent need to improve our building stock and future-proof balance sheets, and the opportunity for the financial services sector to work with homeowners, tenants and landlords on improving the climate impact of our housing stock. In addition to participating in the Climate Financial Risk Forum, co-chaired by the PRA and FCA, Legal & General is pleased to be part of the Green Finance Institute’s Coalition for the Energy Efficiency of Buildings and its ambitious goal to create the market for financing retrofits of homes in the UK,” says John Godfrey, corporate affairs director, Legal & General.

Over the next 12 months, the CEEB will design, develop and launch a portfolio of scalable demonstrators of new financial solutions that unlock investment into the low-carbon and resilient building sectors. To ensure the demonstrators appeal across all residential building tenures, the CEEB will conduct a comprehensive review of the UK residential retrofit market identifying the barriers to widescale upgrading of existing housing stock.

HeatingSave – the low-cost BMS that offers in-depth analysis tools for your building

Building management systems (or BMS systems) monitor and control building operations, such as heating and hot water provision, air-conditioning, electrical power, fire alarms and fire suppression, lighting, ventilation and even security (access control, video surveillance, etc.). These systems are increasingly connected to other information systems and the internet.

Quite obviously, in order to be able to deliver such a high level of control, BMS systems employ an array of sensors, each of them transmitting sensitive data to the main controller. Ensuring the data remains private and secure at all times is paramount f or the security of the buildings and residents.

The HeatingSave building management system features multiple sensors – temperature, flow and return temperature, PIRs, LUX, air quality, etc. – all contributing to the achievement of the ultimate goal – that of helping you drive down energy costs, while keeping your building comfortable and secure.

HeatingSave collects and stores meter readings each minute so that you have the granularity to be able to see the cause and effect. The same applies to other inputs such as temperatures, air quality and occupancy.

The starting point for the normalisation of most energy consumption related to heating is degree-day analysis. Since the outside temperature can vary significantly for site to site within a local geographical area, HeatingSave calculates the degree-days for each day for each site.

However, unlike some other competitors, data generated by HeatingSave is stored on the system itself – users can access it any given time. We don’t have access to the data (unless granted by the users when carrying out system diagnostics), and the data is most certainly not shared with any third party. Furthermore, HeatingSave has top-level security protocols in place, meaning that even when you’re controlling your system remotely (for example, via the smart phone app), the security and privacy of your data are guaranteed.

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