Sweden´s largest commercial real estate company achieves 36% energy reduction
Case Study
About Vasakronan
Large ESG-focused property owner
“We are thrilled to follow this as we scale this application up in the rest of the portfolio.”
CTO, Vasakronan
Goal
- Reduce manual work during data collection from properties and systems
- Eliminate data cleaning and harmonization of data from multiple systems
- Continuous automated detection of faulty equipment and programming
Solution
Automatic fault detection
Running Optimize on Idun’s operating system for real estate portfolios, ProptechOS, ensures that data is already prepared and the Vasakronan portfolios can be checked within minutes. Using the application, the team can track optimization implementations and instantly see their impact on the portfolio. Moreover, the application provides Oskar with valuable features facilitating critical tasks including peak shaving, optimization of delta T (i.e. the change in temperature of incoming and outgoing air) and the possibility to contextualize energy data with temperature and flow data.
Prior to using Optimize, operators at Vasakronan had to read sensor data manually from each building. Moreover, Oskar needed to import data from several systems into a program to perform analysis. The process involved time-consuming cleaning and harmonizing of data from different systems before analysis could take place. Also, identification of faulty equipment occurred during infrequent on-site visits.
Result
- Optimize’s feature set enables Oskar to perform critical functions on the building portfolio. The result of applying the features on the portfolio has been threefold;
- Vasakronan has saved 36% in district cooling and heating costs, minimized emitted CO2 levels and engaged employees in their daily optimization work.
- Nevertheless, Oskar notes that a key result of using Optimize is its ability to engage employees and simplify their daily work. Nicklas Walldan, CTO at Vasakronan is looking forward to applying the effects of Optimize. “We are thrilled to follow this as we scale this application up in the rest of the portfolio.” he says.
In their property Kista Science Tower, Vasakronan estimated a potential to decrease subscribed power of district cooling by 30%, using the Optimize application. By the end of 2020, the team at Vasakronan saw a reduction by an additional 6 % (total of 36%). That equaled to a total of 200 000 SEK/year in cost savings.
Considering the effects of Optimize on the building, the plan is to implement the application on a majority of Vasakronan’s properties in Stockholm. The desired result would be to decrease the subscribed power of district heating and cooling by 10%. Consequently, the saved costs for Vasakronan would be 6 MSEK yearly, starting this year.
