Construction Magazine June 2019 | Page 46

SMART CITIES
46
Investing in smart systems that monitor energy use and efficiency across every aspect of your energy infrastructure is something that can be realised today .
By understanding how , where and when energy is used , opportunities for efficiencies can be identified and actioned . Our Global Digital Transformation Benefits Report 2019 identified 12 ways that the digital transformation of energy management and automation drives benefits in CapEx , OpEx , based on interviews with 230 businesses . These companies have realised savings in energy consumption of up to 85 % and up to 80 % on energy costs . Energy efficiency projects are becoming a C-suite priority , as board members recognise the competitive edge that projects can deliver , at the same time as delivering on sustainability commitments which employees , customers and governments are driving for .
Projects like these demonstrate that rethinking energy is not only a major enabler of innovation . It powers progress and life .
As the global population grows and our world and lives become increasingly electrified , creating sustainable cities means creating smart cities ,
STATISTICS
• Cities make up 2 % of the world ’ s surface but house more than half of the world ’ s population and consume 75 % of energy resources
• By 2030 , urban areas are projected to host 60 % of people globally
JUNE 2019