IBM’s new technology, which will debut at the university, will assess, simulate and forecast energy consumption from 60 campus buildings and a university hospital using the latest modeling techniques in physics, mathematics and statistics.
With the help of IBM’s business analytics capabilities, the technology will help McMaster save on its operating costs and cut greenhouse gas emissions.
McMaster, with the help of IBM Research, will analyze the information from a variety of activities in their buildings (heating, cooling, hot water, lighting, running equipment etc) as well as factors contributing to the inefficiency in energy consumption.
In collaboration with IBM, McMaster will be able to develop building performance models and analytics using real-time data from sensors, actuators and meters, and dynamic-pricing data, to accurately assess, track, forecast, simulate and optimize energy consumption for 60 campus buildings.
The system will also identify under-performing buildings and the causes of energy inefficiencies.
