SATO

Controlling upward energy price pressures through energy company and property sector cooperation - Seite 2

Joint optimisation through artificial intelligence

Kanervo highlights developments in IoT technologies and the utilisation of real-time environmental data from buildings in conjunction with localised weather forecasts, which have already proved their reliability. According to Kanervo, property sector actors and district heating companies should join forces to make use of data accumulated by both properties and energy companies to allow the comprehensive optimisation of heat distribution to residential buildings. Such optimisation should be directly reflected in the cost of residential heating.

- If we know the time of day when the price of energy and residential buildings' energy consumption are at their lowest, the buildings can be brought to a slight degree of excess heating at that time, for example in the early hours of the morning, and the excess heat can then be used for heating at the time of day when energy prices are at their highest. Various heat pump solutions and domestic hot water tanks would also be excellent tools for shifting energy production away from peak consumption, but locating a mutually acceptable implementation model has proved challenging to date. Within even the foreseeable future, heat pumps and tanks could also serve as balancing power in electricity consumption and thus property owners, too, could profit from their contribution to power grid balancing, Kanervo continues.

Building-specific environmental data and artificial intelligence are already used at SATO buildings to even out energy consumption. The utilisation of data available from energy companies would nonetheless open up entirely new possibilities for optimisation.

Kanervo estimates that its smart energy management solution has allowed SATO to improve the energy efficiency of its buildings by as much as 3.5% from a year before, and this has brought down energy expenditures. Last year, as many as 10,000 SATO homes were already hooked up to an energy management system that is based on real-time environmental data, and the figure is set to double in the current year.  

For more information please contact:

SATO Corporation
Jari Kanervo, Technical Director, phone [phone], [e-mail]

www.sato.fi

SATO is one of Finland's leading rental housing providers. SATO aims to offer a comprehensive choice of rental housing and an excellent customer experience. At year-end 2018 SATO owned around 25,900 apartments in Finland's largest growth centres and in St. Petersburg.

We promote sustainable development and initiative through our operations and work in open interaction with our stakeholders to generate added value. We operate profitably and with a long-term view. We increase the value of our housing stock through investments, divestments and repairs.

The SATO Group's net sales in 2018 were EUR 290 million, operating profit EUR 273 million and profit before taxes EUR 231 million. The value of SATO's investment assets was roughly EUR 3.9 billion.

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Source: SATO Oyj via Globenewswire