Manchester Metropolitan University partners with climate tech startup OakTree Power to boost buildings’ energy efficiency by 40%
- The research project will ultimately reduce carbon print produced by buildings
1st February 2023: Manchester Metropolitan University has partnered with leading climate-tech startup OakTree Power to develop a Sustainable Energy Management Systems (SEMS) to increase the energy efficiency of commercial buildings by up to 40%. The system, which will have Artificial Intelligence (AI) and Machine Learning (ML) capabilities, will ultimately reduce commercial buildings’ overall energy wastage, improve efficiency and lower carbon footprint. The project will be carried out for 24 months under the Knowledge Transfer Partnership (KTP) scheme.
These state-of-the-art SEMS will be designed to overcome the current limitations on energy efficiency improvements, which include huge variabilities and complexities of conditions affecting energy use in buildings – ranging from age, size, and location to the influence of occupancy patterns or prevailing weather conditions. As such, this partnership will look to increase energy efficiency improvements from 30% to 40-45%, in line with the International Energy Agency’s call to lower building energy use d by 45% by 2050 to reach net-zero.
The systems are also expected to significantly reduce the time and cost of deploying SEMS for new customers – which typically only focus on a single group of assets, like air conditioning -, supporting the rapid scaling of the business.
Alhussein Albarbar, Professor of Sustainable Systems Engineering at Manchester Metropolitan University, said: “As experts in strategies for optimising energy consumption in buildings, we are delighted to be working with OakTree Power and contribute in improving energy efficiency by 30% to 40%. Through this partnership, we hope to reduce the carbon footprint produced by public buildings through the development of effective AI and ML based energy management systems.”
The partnership comes as OakTree Power plans to accelerate its AI and ML efforts and evolve its current cloud platform into a SEMS that can automatically produce bespoke predictive models, increasing properties’ energy efficiencies even further. This new iteration of the company’s solution will tackle the energy optimisation limits imposed by infrastructures’ Building and Energy Management Systems (BEMs), enhancing the automation of energy efficiency management of corporate real estate (CRE), non-critical electrical plants and equipment, such as pumps, fans and air conditioning chillers.
Chantel Scheepers, CEO of OakTree Power, said: “Our vision at OakTree Power is to always aim for greater energy efficiency. As such, evolving our platform into a Sustainable Energy Management System (SEMS) is not only a major milestone for the company, but for the entire commercial property industry.
Having already achieved baseline energy reduction by 30%, through the combination of three OakTree Power products, the development of this new product with the support of Manchester Met, a university with a groundbreaking track record in developing AI and ML based algorithms for net zero energy building application, gives us a great sense of price. As we focus at energy wastage and further optimization, we will look to reduce long term energy wastage by at least 10%, while adding the data to our current models to improve overall efficiency”
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About Manchester Metropolitan University
Manchester Metropolitan University prides itself on its excellent research and knowledge exchange that aims to help to address the grand challenges of our time, delivering local, national and global impact.
Their Knowledge Transfer Partnership scheme is a long-standing, government-funded initiative that allows businesses to improve their competitiveness, productivity and performance. It sees organisations joining forces with researchers and academics at the University to address specific business challenges. The University is also one of the UK’s top 3 sustainable University’s and has been since 2013.
For more information visit: https://www.mmu.ac.uk or contact Sophie Mehta, Press and Communications Executive at s.mehta@mmu.ac.uk
About OakTree Power
OakTree Power partners with global grid operators to enable the ongoing transition towards a fully sustainable electricity system of the future. Our mission leads us to collaboratively empower our clients to reduce their Co2 emissions while earning significant annual recurring revenues and benefitting from a wide array of net-zero opportunities.
The company was founded in 2020 by Guillaume Molhant-Proost and Andreas Wiele and is led by CEO Chantel Scheepers alongside an experienced team with over 50 years spent in the energy and clean technology sectors. An advocate for the global adoption of clean technology solutions, Chantel is driving the fast expansion of Oaktree Power’s global footprint while positioning the company as the leading 100% green virtual neural network provider.
For more information visit: www.oaktreepower.com or contact Moises Gossain or Laura Crockett at oaktreepower@wordsandpixels.co / 07745289252
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