Schneider Electric’s New Building Decarbonization Calculator to Empower Building Owners in Reducing Carbon Footprint

Author photo: Craig Resnick
ByCraig Resnick
Category:
Company and Product News

Schneider Electric has introduced a new Building Decarbonization Calculator, an online tool that helps to empower building owners and operators to more quickly test and explore a range of Energy and Carbon Conservation Measures (ECCMs), helping to more easily identify their best options based on simulated data. As buildings need to meet decarbonization targets, this solution helps to enable users to more efficiently evaluate and prioritize retrofit scenarios, helping them navigate the complexities of balancing cumulative costs and emissions from now through 2050 to help define their best path to net zero.

Building Decarbonization Calculator

With a dataset of close to 500,000 building performance models that span various building types, sizes, and geographies, the Building Decarbonization Calculator allows users to assess the carbon and financial return on investment of ECCMs and compare their decarbonization pathways to New York City's Local Law 97 fines or the Carbon Risk Real Estate Monitor (CRREM) pathway.

A recent analysis of a large office retrofit project in Boston utilized the calculator to estimate $3.7 million in energy savings and $1 million in avoided fines over the next decade, achieving a seven-year return on investment. The analysis included modern building management systems, power monitoring software, LED upgrades, power factor correction, and the integration of photovoltaic systems with battery energy storage and microgrid technology.

The Building Decarbonization Calculator aids in scenario planning through:

  • Rapid Assessments: The calculator’s pre-loaded modeled data helps to enable users to more quickly evaluate potential energy savings and emissions reductions. The estimates are based on industry-standard methodology for simulating results based on the building type and location.

  • ROI for Upfront Expenses: Assets within the tool can be evaluated across several retrofit scenarios that provide key metrics, such as ROI with consideration for upfront investments required.

  • Support for Regulatory Compliance: Estimations for costs of non-compliance and ROI for compliance are compiled within the calculator, starting with New York’s Local Law 97, enabling building owners to compare plans that align compliance with regulations for planning and budgeting purposes.

  • Prioritization of Retrofit Actions: The tool highlights the impact of selected ECCMs, assisting users in prioritizing their retrofit plans based on both carbon and financial metrics. This includes running preset scenarios for light interventions, medium retrofits, and deep renovations.

  • Scalable Functionality: The tool is scalable, allowing for tailored scenarios that reflect retrofit opportunities of individual buildings or entire portfolios, complete with support across retail, hotels, hospitals, and office buildings.

The Building Decarbonization Calculator is available today through Schneider Electric’s sales teams and partners, who are ready to assist building owners in leveraging this tool to drive their decarbonization strategies.

The calculator was built in collaboration with JLL, a global commercial real estate and investment management company, and C.scale, an outgrowth of San Francisco-based architectural firm EHDD. JLL is supporting the calculator by performing building performance modeling, and C.scale is working closely with Schneider Electric on machine-learning models to support climate action at speed and scale.

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