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 Retrofit Existing
Buildings
 New Builds - Building
Regulations
 European Union Energy
Efficiency Directive
 Irish Perspective
 PhD Research
 IERG
Energy Consultant
Works in Company < 20 Employees
Heavily Involved in Building Retrofits
• Domain Expertise Required
• One Solution Fits All
• No Method of Verifying
Results
• Use Dynamic Simulation
Software
• Only 1 licence in the office
• Not fully trained in the
software
• Considering discontinuing current software licences
• Expense
• Time Required to Build Model & Obtain Results
• Computationally Expensive
Option 1 Option 2
Dynamic Simulation Techniques
 Expensive to Purchase
 Time Consuming to Run
 Computationally Expensive
Experienced Based Solutions
 Experience Based Solutions
 One Solution Fits All Mentality
 No Method of Verifying Results
The Solution
Dynamic Simulation Techniques
 Expensive to Purchase
 Time Consuming to Run
 Computationally Expensive
Experienced Based Solutions
 Experience Based Solutions
 One Solution Fits All Mentality
 No Method of Verifying Results
The Solution
Simplified Energy Modelling Technique
Evolutionary Algorithms
Optimal Retrofit Solutions
Dynamic Simulation Techniques
Experienced Based Solutions
Building Survey
Decision Maker
Calculation Preferences
• Select Objective of Retrofit
• Input Capital Investment Constraint
• Replacement Rate 1% - 1.7%
• Building Owners/Managers
• Retrofitting Ongoing
• 75% Consulting Engineering Firms
Customer Issues
• Too Steep a Learning Curve
• Too Time Consuming
• Doesn’t not add value to projects
• Purchasing programs too expensive
Commercial Buildings
• 2011 - Global Retrofit Market worth $80.3bn
• 2020 – Global Retrofit Market worth $151.8bn
• Largest Market will remain Western Europe (37%)
Domestic Buildings
• 2020 – Global Retrofit Market worth $84bn
• Forecast – 118.6bn square feet of energy efficient
residential space by 2020
• Engineering Consultancy Firms
• Architecture Firms
• Retrofit Contractors
• 92% Engineering Firms
• 42% Architects Firm
• Online
• Software Licencing
Availability
• Online - €/square meter
• Starting at €0.30/m2 up to 500m2 Building
• Licence
• €2,250 / Licence (€400 per additional Seat)
Pricing
• Commercialisation Funding €100,000
• Projected Costs (Year 1) €68,800
• Year 1 – Online Sales
• Year 2 – Online Sales & Licence Sales
• Year 3 – Expand to Other Countries
Dynamic Simulation Techniques
 Expensive to Purchase
 Time Consuming to Run
 Computationally Expensive
Experienced Based Solutions
 Experience Based Solutions
 One Solution Fits All Mentality
 No Method of Verifying Results
The Solution
Removing Barriers

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BRaSS UCC - Entrepreneur of the Year Presentation 2014

  • 1.
  • 2.  Retrofit Existing Buildings  New Builds - Building Regulations  European Union Energy Efficiency Directive  Irish Perspective  PhD Research  IERG
  • 3. Energy Consultant Works in Company < 20 Employees Heavily Involved in Building Retrofits
  • 4. • Domain Expertise Required • One Solution Fits All • No Method of Verifying Results • Use Dynamic Simulation Software • Only 1 licence in the office • Not fully trained in the software • Considering discontinuing current software licences • Expense • Time Required to Build Model & Obtain Results • Computationally Expensive Option 1 Option 2
  • 5. Dynamic Simulation Techniques  Expensive to Purchase  Time Consuming to Run  Computationally Expensive Experienced Based Solutions  Experience Based Solutions  One Solution Fits All Mentality  No Method of Verifying Results The Solution
  • 6. Dynamic Simulation Techniques  Expensive to Purchase  Time Consuming to Run  Computationally Expensive Experienced Based Solutions  Experience Based Solutions  One Solution Fits All Mentality  No Method of Verifying Results The Solution Simplified Energy Modelling Technique Evolutionary Algorithms Optimal Retrofit Solutions
  • 7.
  • 9. Building Survey Decision Maker Calculation Preferences • Select Objective of Retrofit • Input Capital Investment Constraint
  • 10.
  • 11.
  • 12. • Replacement Rate 1% - 1.7% • Building Owners/Managers • Retrofitting Ongoing • 75% Consulting Engineering Firms Customer Issues • Too Steep a Learning Curve • Too Time Consuming • Doesn’t not add value to projects • Purchasing programs too expensive
  • 13. Commercial Buildings • 2011 - Global Retrofit Market worth $80.3bn • 2020 – Global Retrofit Market worth $151.8bn • Largest Market will remain Western Europe (37%) Domestic Buildings • 2020 – Global Retrofit Market worth $84bn • Forecast – 118.6bn square feet of energy efficient residential space by 2020
  • 14. • Engineering Consultancy Firms • Architecture Firms • Retrofit Contractors • 92% Engineering Firms • 42% Architects Firm
  • 15. • Online • Software Licencing Availability • Online - €/square meter • Starting at €0.30/m2 up to 500m2 Building • Licence • €2,250 / Licence (€400 per additional Seat) Pricing
  • 16. • Commercialisation Funding €100,000 • Projected Costs (Year 1) €68,800 • Year 1 – Online Sales • Year 2 – Online Sales & Licence Sales • Year 3 – Expand to Other Countries
  • 17. Dynamic Simulation Techniques  Expensive to Purchase  Time Consuming to Run  Computationally Expensive Experienced Based Solutions  Experience Based Solutions  One Solution Fits All Mentality  No Method of Verifying Results The Solution Removing Barriers