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Thanks for keeping up with the CREtech Community in the News! For more news about members of the CREtech Community, follow us on Linkedin. Startups like Parity are optimizing HVAC systems in large buildings to reduce energy use and shift demand during peak times. By automating energy adjustments, Parity helps buildings cut energy consumption by up to 30% and reduces grid strain during heatwaves, benefiting utilities and building owners alike. This technol…
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Thanks for keeping up with the CREtech Community in the News! For more news about members of the CREtech Community, follow us on Linkedin. Morgan Stanley projects U.S. data center carbon emissions will triple by 2030, driven by AI advancements. The report forecasts 2.5 billion metric tons of emissions annually, with 60% linked to energy use and the rest from construction and materials. AI is fueling rapid data center expansion, contributing to a jump in carbo…
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Thanks for keeping up with the CREtech Community in the News! For more news about members of the CREtech Community, follow us on Linkedin. A new report from consulting firm ICF forecasts a sharp rise in U.S. electricity demand due to artificial intelligence growth, building electrification, and electric vehicle adoption. By 2045, demand is expected to increase by 13%, with a potential 19% rise in electricity costs by 2028. The mid-Atlantic region, driven by data …
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