BEMS

That’s building energy management systems. Navigant says:

worldwide revenue for BEMSs will reach $5.6 billion annually by 2020, more than doubling from the 2013 level.

Here’s what may be surprising in the release about the new research report:

While many BEMS vendors have developed platforms with commercial and government customers in mind, the utility sector is playing an increasingly important role in the BEMS market, according to the report.  Utilities face a growing number of regulations, such as energy efficiency resource standards in the United States, that require them to play a proactive role in reducing the energy consumption of their customer base.

A BEMS deployed by a utility to its customers provides energy efficiency gains that utilities can claim in compliance with such regulations.

Source: http://electricalcontractor.com/?p=10662

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