Cadillac Fairview is implementing an AI-powered energy intelligence platform to cut energy consumption and carbon emissions across ten Toronto-area buildings worth 7.4 million square feet of office space.
Office towers include CF Toronto Eaton Centre and Toronto-Dominion Centre.
“Building a more sustainable future is foundational to everything we do at Cadillac Fairview,” commented Karen Jalon, vice president, sustainability, energy & smart technology, Cadillac Fairview. “As we continue our journey to net zero emissions, we’re proud to collaborate with innovative partners to advance towards our goals and support transformation.”
The supplier, SHIFT Energy, works with existing control systems and equipment to improve the energy performance of large-scale heating and cooling (HVAC) systems in office towers, hospitals, university and college campuses, shopping centres, sports arenas, and other large facilities. Demand management will also help Cadillac Fairview further manage peak pricing events associated with Ontario’s Global Adjustment.
Building operations account for nearly 30 per cent of global CO2 emissions. Heating and cooling of buildings is responsible for a significant portion of these emissions. Large facilities use a building automation system or building management system to manage HVAC systems but these lack the ability to optimize performance, leading to excessive energy use and higher carbon emissions. The new technology will improve the performance of HVAC systems, delivering energy savings and carbon emission reductions.
“This new agreement for 10 sites is SHIFT’s second engagement with CF, and we appreciate their vote of confidence in our HVAC energy efficiency and decarbonization technology,” said Dave Schriver, general manager with SHIFT Energy.