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Eaton Partners With IES To Help Building Owners Make Energy Transition Plans

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Eaton has entered a strategic partnership with IES to enhance building sustainability and facilitate energy transitions for building owners. This collaboration utilizes digital twin technology, enabling simulations to analyze energy efficiency and user comfort. The goal is to develop efficient energy ecosystems, focusing on EV charging and renewable energy. Eaton's Buildings as a Grid initiative aims to transform structures into energy hubs to comply with net-zero regulations. This partnership aligns with the global climate goal of reducing emissions from the built environment.

Positive
  • Strategic partnership with IES enhances Eaton's sustainability initiatives.
  • Utilization of digital twin technology for efficient energy management.
  • Focus on EV charging and renewable generation to support energy transition.
  • Aligns with global goal of reducing emissions from the built environment.
Negative
  • None.

MORGES, SWITZERLAND / ACCESSWIRE / February 16, 2023 / Eaton, the intelligent power management company, has signed an agreement with IES, the world-renowned climate tech and building performance analytics firm, to develop approaches that will help building owners boost the sustainability of their buildings and prepare them for the energy transition.

Using digital twins, Eaton and IES will explore options for making buildings more sustainable including various combinations of EV charging infrastructure, energy storage, and renewable generation technologies to identify the most effective energy ecosystems.

A digital twin is a 3D digital representation of a built environment asset - a building or its supporting infrastructure, for example - that can be interrogated by running various scenarios to inform decisions about its future. Learning from the asset's past performance leads to better decision-making when developing a roadmap for its future.

IES integrates physics-based simulation with the 3D model, real-time operational data, machine learning and AI to provide unique insights which will be allied to Eaton's expertise in power management to devise high-performance strategies for building decarbonisation, energy efficiency improvement and energy cost reduction.

Delphine Clement, commercial and industrial buildings segment leader at Eaton in EMEA, said: "With IES's expertise in buildings physics, we can show our customers how their buildings will perform before and during their energy transition journey. They will be able to examine the costs and benefits of various options to boost sustainability to help them better understand and de-risk the investments they need to make."

Don McLean, Founder and CEO of IES said: "Digital twins will be key to our work with Eaton because they respond and behave like their real-world counterparts, translating data into essential decision support information. For Eaton's customers, we will examine how a building is used, with a focus on both energy efficiency and user comfort, before constructing a digital twin to forecast the potential energy savings and payback periods of various applications of Eaton's Buildings as a Grid approach."

Eaton's Buildings as a Grid approach transforms buildings into energy hubs that support EV charging and renewable energy generation. The aim is to help commercial building owners save money on energy bills and prepare their properties to comply with net-zero regulations.

Explaining further, Clement added: "Electricity generation is changing, and so is how we store and manage power. Transport is changing, and with more EVs on the road we need to charge them efficiently without overloading power networks. This represents both opportunity and risk for building owners. Getting electrification right will preserve the value of their buildings, as well as provide building users with a greater degree of energy self-sufficiency."

This ambition accords fully with the ethos of IES: "The built environment accounts for almost 40% of global emissions and we're working to get that down to zero," said Don McLean. "Our agreement with Eaton will help to deliver highly energy efficient commercial and industrial buildings."

About Eaton

Eaton is an intelligent power management company dedicated to improving the quality of life and protecting the environment for people everywhere. We are guided by our commitment to do business right, to operate sustainably and to help our customers manage power ─ today and well into the future. By capitalizing on the global growth trends of electrification and digitalization, we're accelerating the planet's transition to renewable energy, helping to solve the world's most urgent power management challenges, and doing what's best for our stakeholders and all of society.

Founded in 1911, Eaton is marking its 100th anniversary of being listed on the New York Stock Exchange. We reported revenues of $20.8 billion in 2022 and serve customers in more than 170 countries. For more information, visit www.eaton.com. Follow us on Twitter and LinkedIn.

About IES

Over the last 25+ years, IES has built a solid reputation as the leading global innovator in integrated performance-based analysis for the built environment. Its Digital Twin technology facilitates the creation of resource-efficient, healthy and cost-effective built-environments of any size or purpose - supporting citizens, companies, campuses, communities, cities and even countries.

For additional information, please visit www.iesve.com. You can also follow IES on Twitter, Facebook and LinkedIn and check out DiscoverIES for all the latest news and content.

View additional multimedia and more ESG storytelling from Eaton on 3blmedia.com.

Contact Info:
Spokesperson: Eaton
Website: https://www.3blmedia.com/profiles/eaton
Email: info@3blmedia.com

SOURCE: Eaton



View source version on accesswire.com:
https://www.accesswire.com/739641/Eaton-Partners-With-IES-To-Help-Building-Owners-Make-Energy-Transition-Plans

FAQ

What is Eaton's partnership with IES about?

Eaton's partnership with IES focuses on enhancing building sustainability and energy transition through digital twin technology.

How will the digital twin technology be used in the partnership?

The digital twin technology will simulate various scenarios to optimize energy efficiency and identify effective energy ecosystems.

What is Eaton's 'Buildings as a Grid' initiative?

The 'Buildings as a Grid' initiative aims to convert buildings into energy hubs supporting EV charging and renewable energy generation.

What are the expected benefits of the Eaton and IES collaboration?

The collaboration is expected to improve energy efficiency, reduce costs, and support compliance with net-zero regulations.

How does the partnership align with sustainability goals?

The partnership aligns with sustainability goals by aiming to reduce emissions from the built environment, which accounts for nearly 40% of global emissions.

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