What is the outcome?

Kiona’s solutions can connect buildings, give insight into energy usage, and optimize consumption. Property owners and grocery retailers are empowered to operate their assets more sustainably through real-time measurement and management, visualization, analytics, and algorithmic optimization. This results in reduced energy consumption and food waste and lower property overhead costs and emissions.

Who are the stakeholders?

Property owners and tenants benefit from a lower carbon footprint and cost savings through reduced energy use. In addition, energy providers will be under less strain through reduced peak load. The population at large can then be supported by lighter energy infrastructure. Finally, Kiona’s refrigeration control solutions help to avoid food spoilage, for e.g. grocery retailers.

How big is the effect, and does it last?

Kiona connects 55k commercial, residential and public buildings across 11 countries. Customers can save about 12 kWh/m2 per year. For the residential sector, Kiona currently covers 300k apartments in 11 countries, impacting the indoor climate of approximately 800k people. Increasing the installed base generates more data, enabling the solution to become better at optimizing, anticipating, and supporting energy-saving decisions over time.

If Kiona didn't exist

Without Kiona or a similar service, property owners and tenants would be forced to bear unnecessary increases in energy consumption, slow progress on sustainability and increased real estate operating costs. 75% of buildings in Europe are currently energy inefficient and since they cannot all be torn down and replaced, retrofitting is an essential part of solving the challenge.

Impact risk: what can go wrong?

Data handled by Kiona is not particularly sensitive, but there are unpredictable threats. Issues can arise in the form of data breaches or system malfunctions. Kiona invests considerable amounts of capital and effort in R&D to counteract this and other risks.