Development Funding with Hitachi for Global Building Energy Needs

PACE is happy to report that we’ve reached agreement on new development funding with Hitachi, as we build together new solutions to cut energy use and carbon in buildings and industry.

In both, as the old wisdom goes, “you can’t control what you can’t see”.  And an article this week from Bloomberg News lays out the problem succinctly, in reporting on the failure of the U.K.’s building energy ratings system to predict actual energy use.  The authors also point out the related problems with the U.S. Green Building Council’s LEED program, which is focused more on sustainability measures.

From the article: “There’s often very little connection between modeled and actual energy use. Even in brand new buildings we struggle to make predictions.” — Professor David Coley, University of Bath

Read the article here.