Leadership towards the new electrical power infrastructure provides cost avoidance and operational flexibility for commercial real estate developers, owners, and managers.

Novele is helping companies and cities go carbon negative. By utilizing Energy Board technology, cities and businesses are able to curtail their electricity usage at peak times, while future proofing their infrastructure for resilience, the mass adoption of electric vehicles, new age connectivity, and renewable generation. Since Energy Boards do not generate energy, we have to look at the big picture on how it affects overall electricity usage, distribution, and ROIs in combinations with renewable energy like solar.

In order to hit New York’s renewable energy goals, such as shifting to 100% clean electricity by 2040 and reducing greenhouse gases 40% by 2030, we need to focus on the infrastructure and power delivery networks, just as much as renewable energy generation like solar and wind. The main issue with improving the utility and power distribution of cities is providing enough capacity for the peak load. Due to space and cost constraints, utility companies don’t design the electrical grid to handle the peak load across the full network at all times. Even with 100% renewable energy being distributed across the grid, the peak load problem not only remains, but gets worse.

Property managers and ownership groups are always on the lookout for operating expense savings, energy backup in the event of grid power failures, reduced energy consumption, drivers that enhance property value, and environmental compliance.

There’s a lot of answers to this question. We could talk about technology, we could talk about space constraints in buildings, but the real answer to this question is passion and a pesky problem.