MACH Energy provided behind the scenes support for the Climate Week energy management event on Monday, September 21, including the analytics to determine the statistical operating baselines used to measure the savings results, predicted operating analytics to help the buildings optimize operations based on future hourly weather forecasts, and specific operating recommendations based on analysis of past building operations.
What follows is the Climate Day press release.
CB RICHARD ELLIS, BROOKFIELD PROPERTIES AND ING CLARION PARTNERS SET NEW BENCHMARK FOR ENERGY MANAGEMENT
Climate Week NYC Event Achieves 9.2% Energy Consumption Reduction Across 41.3 Million Sq. Ft. Portfolio
Los Angeles, September 23, 2009 – CB Richard Ellis Group, Inc (CBRE) has joined with Brookfield Properties and ING Clarion Partners to execute a targeted energy management event that has yielded a 9.2% reduction in energy consumption across 43 million sq. ft. of commercial buildings.
As further demonstration of the companies’ involvement in The Climate Group’s Climate Week NYC, CBRE, Brookfield and ING Clarion Partners collaborated to develop and employ a one-day energy reduction program across an 75-building national office property portfolio. MACH Energy, CBRE’s energy-related software service solutions provider, tracked the day’s energy use in each building and compared it against historical data.
That analysis reported that the program yielded an overall 9.2% reduction in energy use, and saved 137.95 tons of carbon emissions and more than $26,500 in energy costs. Extrapolated over a typical year in which there are 260 workdays, these numbers translate into savings of more than 36,000 tons of carbon emissions and $6.9 million in energy costs. This carbon savings equates to the annual greenhouse gas emissions of 5,930 passenger vehicles. By employing a series of simple reduction practices, and encouraging tenant participation, the firms demonstrated that even highly energy efficient buildings could be operated in innovative ways to reduce energy usage and, ultimately, their carbon footprint.
“In partnering with Brookfield and ING Clarion on a common goal, we were able to achieve remarkable results,” said David Pogue, CBRE’s national director of sustainability. “This event demonstrates that a collective and targeted approach to energy management can yield significant economic and ecologic savings.”
“This is a clear example of smart companies using smart technology systems to achieve smart results,” said Craig Tagen, managing director of ING Clarion Partners.
Key components of the program included reducing property fan speeds by 20%; reducing HVAC temperature by a single degree; modestly reducing HVAC start and stop times; and reducing unnecessary lighting. In addition, tenants in each of the participating buildings were encouraged to support the effort by minimizing unnecessary energy use in their daily practices.
“Brookfield is committed to furthering existing energy conservation strategies across its office portfolio, and this initiative is a way for us to collaborate with our peers on that common cause,” said Paul Schulman, chief operating officer of Brookfield Properties’ U.S. commercial operations. “We are continually looking at ways to improve energy efficiency and lessen operating costs for our tenants.”
MACH Energy performed the energy measurement and provided utility analytics. The actual usage data was compared to expected energy use using historical data for all other Mondays with similar weather, which compensated for any weather-related energy usage.
The reduction result and corollary program was used by ING Clarion Partners corporate executives during the course of numerous Climate Week NYC events. Climate Week NYC, which is sponsored by The Climate Group, has particular urgency this year as it is the last large scale meeting of world leaders before the UN Climate Change Conference. During that conference, to be held in Copenhagen in December, global climate leaders will debate and develop the next generation of international climate change protocols.
“We are pleased to see that CBRE and its partners are leading the way on pairing smart building technologies with simple, yet smart, tenant actions that open up a whole new set of opportunities to save energy in buildings. If training and behavior change alone reduce energy use by more than 9%, imagine how much more can be achieved with better building monitoring and benchmarking systems that enable automation and whole building system optimization,” Said Molly Webb, The Climate Group’s Head of Strategic Engagement.
CBRE was recently ranked among Newsweek’s top 50 greenest companies in America. The U.S. Environmental Protection Agency has named CBRE an ENERGY STAR® Partner of the Year for the past two years, the only commercial real estate services firm so recognized with that award. The U.S. Green Building Council (USGBC) has awarded CB Richard Ellis its Leadership Award for Organizational Excellence and the industry group, CoreNet, recognized the CBRE with a special commendation for Sustainable Leadership and Design – Development.
About CB Richard Ellis
CB Richard Ellis Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services firm (in terms of 2008 revenue). The Company has approximately 30,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CB Richard Ellis offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. CB Richard Ellis has been named a BusinessWeek 50 “best in class” company three years in a row and a Fortune 100 fastest growing company two years in a row. Please visit our Web site at www.cbre.com.
About ING Clarion Partners
Founded in 1982, ING Clarion Partners and its affiliates manage almost $40 billion in assets in the private equity, public equity, and public debt sectors of the real estate markets. The ING Clarion organization has more than 400 associates located in major markets throughout the United States, as well as Sao Paolo, Brazil.
The firm is the U.S. investment management arm of ING Real Estate Investment Management, a global real estate investment management company. With a total business portfolio of more than $91 billion and offices in 21 countries in Europe, the Americas, Asia and Australia, ING Real Estate Investment Management ranks among the world's strongest real estate companies.
ING Real Estate Investment Management is part of ING Group, a global financial institution headquartered in the Netherlands offering banking, insurance and asset management to over 85 million private, corporate and institutional clients in more than 40 countries. More information about the firm is available at www.ingclarion.com.
About Brookfield Properties
Brookfield Properties owns, develops and manages premier office properties. Its current portfolio is comprised of interests in 108 properties totaling 75 million square feet in the downtown cores of New York, Boston, Washington, D.C., Los Angeles, Houston, Toronto, Calgary and Ottawa, making it one of the largest owners of commercial real estate in North America. Landmark assets include the World Financial Center in Manhattan, Brookfield Place in Toronto, Bank of America Plaza in Los Angeles and Bankers Hall in Calgary. The company’s common shares trade on the NYSE and TSX under the symbol BPO. For more information, visit www.brookfieldproperties.com.
About MACH Energy
MACH Energy, a private software company formed in 2001 and headquartered in San Francisco, is a leading provider of online energy-based solutions for commercial real estate operators, managers, advisors and owners. MACH Energy software solutions are utilized by major institutional, REIT and corporate office building owners and their property managers across the country. For more information, please visit our website at www.machenergy.com.
About The Climate Group
The Climate Group (www.theclimategroup.org) is an independent, not-for-profit organization working internationally with government and business leaders to advance smart policies and technologies to cut global emissions and accelerate a low carbon economy. Its global coalition of companies, states, regions and cities around the world recognize the economic and environmental imperatives of taking decisive action now. The Climate Group was founded in 2004 and has operations in Australia, China, Europe, India and North America.