Putting an end to wasted residential energy

What is the outcome?

Kiona’s solutions can connect buildings, give insight into energy usage, and optimize consumption through a full- fledged SCADA solution and ancillary offerings. Once the customer is connected, the company offers real- time measurement and management, visualization, analytics and algorithmic optimization to enable property owners and grocery retailers to operate their assets in a significantly more sustainable manner, reducing emissions and consumption, and saving on property overhead costs and mitigating food waste issues.

Who are the stakeholders?

It is not only the property owners who benefit from increased sustainability and cost savings. Tenants can be reassured
of a reduced carbon footprint if their building is optimized by Kiona, and they also benefit from a more stable indoor climate. Finally, through peak load control, energy providers will be under less strain and lighter energy infrastructure can support a larger population. Finally, the refrigeration control solutions provided by IWMAC help to reduce food waste, benefits that not only help the climate but may also bring down food refrigeration expenses.

How big is the effect, and does it last?

Customers can save 10 – 15% of their energy consumption (12 kWh average savings per sqm per year), reducing CO₂equivalent emissions by 1.5kg per sqm per year. Kiona already covers 300 000 apartments in 11 countries, with up to 80 000 sqm per building. The current installed base covers the indoor climate of approximately 800 000 people. Kiona offers a highly scalable software platform and can in essence cover an infinite number of buildings. As Kiona’s user portfolio increases and gathers more data, it also becomes better at optimizing, anticipating, and supporting energy-saving decisions.

If Egain didn’t exist…

Without Kiona, or a similar service, property owners and tenants would be forced to bear the externalities stemming from 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 a beneficial solution to 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. Also, if the company experiences technological disruption or superior competing solutions, the current product portfolio may not achieve its full impact. Kiona continuously invests considerable amounts of capital and effort in R&D to counteract these risks.