Services provided:

15%

Reduction in power consumption

2.5 mill

Annual savings in NOK

173 sqm

Total area

! 44

Number of buildings

About the customer

Smedvig Eiendom is headquartered in Stavanger and manages 173,000 sqm of commercial property. The company has 44 buildings.

Challenge

Smedvig wanted better energy management of the construction portfolio, an overview of power peaks and deviations, and wanted to reduce consumption without compromising the quality of services.

Results

With Noova's system, Smedvig gained visibility and was able to make sustainable and cost-saving measures. They cut energy consumption by 14.8 per cent and saved NOK 2.5 million.

Smedvig took full energy management

With insights from Noova, Smedvig has reduced energy consumption by 14.8 per cent. With 2.6 GWh less on the meters, they save millions a year.

The challenge was clear: How to reduce energy consumption and operating costs in a comprehensive construction portfolio, without compromising quality?

Smedvig is one of Norway's most innovative property developers, headquartered in Stavanger. They manage 173,000 square metres of commercial property with a market value of NOK 4.5 billion, divided into 44 buildings.

Full overview, every hour, every build

With Noova, Smedvig was able to quickly identify and implement necessary measures. Technical manager Dagfinn Asbjørnsen is clearly excited:

“Noova collects the data for us and provides an overview of the entire construction portfolio. They alert us to anomalies, and I can log in at any time to keep track of power peaks and see what we use in electricity — every hour in every single building.

With insights from the energy data, Smedvig has gained a solid decision-making basis for taking sustainable and cost-saving measures in its own operations, while safeguarding the comfort of its tenants.

And they save millions.

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