Articles from Logical Buildings

In a year defined by rising energy costs, unprecedented electricity constraints, and the rollout of complex carbon regulations, Logical Buildings’ real estate clients achieved record gains in energy reduction, carbon compliance, and grid revenue.

Logical Buildings, a leader in AI-powered sustainability, smart building solutions, and virtual power plant (VPP) software, has unveiled the latest results from its GridRewards™ platform for 2024. This free energy savings program enabled more than 13,800 Con Edison, Orange, and Rockland Utility customers across New York City, Westchester, Rockland, and Orange Counties to earn cash incentives, cut carbon emissions, and support their local utility through demand response (DR) services.

Consumers can now be notified of actions they can take to manage energy in real-time, earn cash rewards and reduce carbon emissions

Access to the multi-million dollar project facility will enable thousands of multifamily buildings to decarbonize by deploying breakthrough, high ROI, rewards-driven technologies that integrate with smart meters and thermostats

Leading energy technology and smart building services innovator Logical Buildings has teamed up with Rose Associates, New York’s premier owner, operator and developer of multifamily housing, to meet Energy, Social, and Governance (“ESG”) goals by conserving energy and reducing carbon emissions throughout a portfolio comprising more than 20,000 units under management. The technology is also a critical tool for achieving criteria mandated in the Climate Mobilization Act a.k.a. Local Law 97, requiring buildings to drastically cut building carbon emissions, starting with a 40 percent reduction goal by 2030 and an 80 percent reduction goal by 2050.

Logical Buildings, the industry-leading sustainability, smart building, and virtual power plant (VPP) software and solutions provider for the built world, today announced the close of a $10 million funding round, led by Keyframe Capital. The funds will facilitate a national rollout of Logical Buildings’ VPP software, allowing real estate owners and managers to fulfill increasingly stringent Environmental, Social, and Governance (ESG) requirements. The GridRewardsTM mobile app enables consumers to participate directly in VPPs that earn them hundreds of dollars a year in rewards, create outsized carbon footprint reductions and prevent brownouts. GridRewards seamlessly and securely integrates with utility smart meters, thermostats and energy/carbon markets, turning millions of residential and small business customers into grid-interactive, efficient consumers instantly, fundamentally improving how energy markets function.

AI innovator Logical Buildings, in collaboration with AvalonBay Communities, Inc., has installed the first indoor lithium-ion battery storage unit in New York State at Avalon White Plains, a 407-unit luxury rental property at 27 Barker Avenue in White Plains, NY. The circa 2008 master-metered building is now benefiting from a demand-response initiative in which a 144kW battery bank discharges at peak hours to support the electricity grid when under stress; and re-charges at off-peak times to take advantage of low cost, low carbon emission power. Another advantage is the battery is able to serve as a generator in the event of power outages.

The tremendous load growth associated with electric vehicle (EV) adoption coupled with variable generation from renewable power sources is expected to challenge grid stability. To support grid reliability, electric mobility companies can serve as “virtual power plants” by providing valuable real-time services to the grid. These services include “demand response” operations, where charging stations provide immediate relief to the electric grid by shedding load at a moment’s notice.