Keppel Corporation is a global asset manager and operator with strong expertise in sustainability-related solutions spanning the areas of infrastructure, real estate and connectivity. Headquartered in Singapore, Keppel shapes cityscapes and user experience in the region with quality homes, green offices and malls, as well as integrated developments. Its diverse portfolio encompasses residential, commercial, industrial, and mixed-use developments in Asia.
Office buildings house a multitude of electrical devices and appliances, ranging from computers and office equipment to household appliances and charging stations for electric vehicles. Building owners and facility managers are looking for practical solutions to lower energy consumption without affecting its operations or the comfort of its occupants.
Keppel is looking to reduce energy consumption in its buildings by targeting plugged-in devices used by tenants who rent the office spaces in these buildings. Plug-load electricity accounts for approximately 25% of total building energy usage. Targeting this use not only reduces energy cost for the tenants, but also helps Keppel, the building owner, reach energy reduction goals.
How might we minimise the energy consumption of plugged-in devices in tenanted office spaces, in order to reduce total building energy use by at least 5%?
It is imperative that there is minimal disruption to tenant operations during the implementation of your proposed solution. This includes shutting down power to critical areas, modifying existing infrastructure, or restricting device usage during operational hours.
Your solution should reduce electricity consumption attributed to plugged-in devices by at least 20%, in order to achieve the whole-building target (reduction by at least 5%).
Ideally, your solution can seamlessly integrate with Keppel’s existing building infrastructure and operate in the background, thus requiring minimal to no user intervention.
Some tenants use their office spaces at irregular hours or leave important processes running overnight. Solutions that require shutting off power to plugged-in devices based on time or motion would not be suitable in these cases.
The solution will be test-bedded on one office floor (approximately 2,000sqm) and should not exceed S$50,000. The pilot should be complete within twelve months.
Resources and incentives
Keppel is offering funding for the pilot of up to S$50,000.
Enterprise Singapore is augmenting this support with a S$20,000 POC development grant. This POC development grant will be made available to solution providers, both local and foreign, provided that they engage in innovation development activities in Singapore.
Check out the recording from our Info Session, where Keppel shared more about their challenge statement.
Market Potential / Business Opportunity
Keppel currently owns and/or manages around ten buildings in Singapore, China and Vietnam. Their target is to grow their funds under management (FUM) to SGD 100 billion by 2026 and SGD 200 billion by 2030. Your solution, if successful, can be implemented across the portfolio in markets like China, India, Korea, Japan and Australia.
The preferred Technology Readiness Level is TRL 8 or 9.