Commercial buildings are often plagued by hidden energy costs due to inefficient operations, outdated systems, and unpredictable occupancy patterns. Studies show that on average, up to 30% of energy in commercial properties is wasted—an inefficiency that can quickly erode profits. As real estate managers search for sustainable solutions, AI-driven technology has emerged as a game-changer. Solutions like R8 Jenny are specifically designed to detect inefficiencies, optimize energy consumption, and provide real-time adjustments, driving energy savings on average more than 20%.
Table of ContentsThe Challenge: Unseen Inefficiencies and High CostsWhy AI is the Optimal Solution for Energy ManagementOptimizing Operations with Real-Time DataHow R8 Jenny Delivers on average more than 20% Energy
The official launch of the R8 Virtual Power Plant (R8 VPP) and Demand Response service for customers was made at the end of 2022.
This followed the successful implementation of the service in Estonian market in spring 2022. Our customers earned additional significant revenue while their buildings helped balance the electricity grid.
But why are virtual power plants needed and how does they work?
• All power transmission grids are heading towards the era where digitalization enables consumers to benefit from intelligently controlled energy consumption to help keep the balance of production and -consumption in balance.
• The grid operators compensate consumers for their effort to use less energy as an alternative to increasing production. The reverse applies when the request is use more en
The expansion of the cooperation between Capital Mill, the leading real estate developer in the Baltic States, and R8 Technologies, a technology company, enables the management of various objects in Estonia, Latvia, and Lithuania at a new green level with the help of artificial intelligence-based energy management, bringing with it significant energy savings.‘We have been enjoying the smart and environmentally friendly solutions offered by the R8 Digital Operator in the Skyon office building with our tenants for more than a year. Pursuant to the new cooperation agreement, we will further expand the use of R8 artificial intelligence in our real estate portfolio and bring three objects in Estonia, two in Lithuania, and one in Latvia to a new green level,’ said Kaarel Loigu, CEO of Capital Mi
The scholarship of 2000€ is intended for one successful TalTech master’s study student studying at School of Information Technology. In order to apply for the scholarship, applicants shall have to submit the following (digitally signed) to the Management Board of the Development Fund:• Essay “What is your vision of the smart buildings of the future and how do yousee your contribution to the development of the field?"• An extract from study results;• A recommendation from a lecturer, a practical training supervisor, a previous employer or the head of a (student) organisation (in which you have been an active contributor)Application terms can be read from the statute - click here!If you are interested in achieving your company’s ESG goals and saving in energy costs, don’t hesitate to contact
Anders Stenbäck from StoneCreek Advisory contributed a good overview about the climate technologies needed for net zero transition. Hereby we are happy to present the keynotes of his article with some of our comments.
The world’s biggest tech companies are getting serious about carbon removal. This May, an alliance of prominent Silicon Valley companies- including Google, Meta, Shopify, and the payment company Stripe - announced that it is purchasing $925 million in carbon removal over the next eight years. In a world awash in overhyped corporate climate commitments, this is actually a big deal. The purchases will be made by a new Stripe-owned company called Frontier.
Carbon off-setting will not solve climate change by itself. To avoid the most catastrophic effects of warming, we must red
It was spring when we wrote that Start Up Energy Transition (SET) announced the best technology companies in Berlin for the 6th time and R8 Technologies was selected as one of the three best technology companies in the category “Demand-side innovation”.
Now they have listed us on their website with call to action to meet us at the sixth edition of the SET Tech Festival 2022, in Berlin on 20 September 2022 but that's not all - they also made a nice video interview with our CEO Siim Täkker.
Click and have a look!
https://youtu.be/z_kiY01WMDo
“We provide our customers with the greenest energy.
Greenest Energy is the energy that is never consumed
and thus, never produced…If this technology is applied globally,
it can reduce up 1-2% of total C02 emissions.”
Siim Täkker, R8 Technologies CE
"Innovation in Real Estate and Construction has been receiving attention for a couple of years, but has accelerated further. This is mainly attributable to (digital) developments and sustainability targets, that are changing consumer (and societies’) demands."
It is how KPMG describes the current situation in RE sector and we're glad to be on board already 2nd time in a row there. Have a look, you can download the PDF from here - click here!
If you are interested in achieving your company’s ESG goals and saving in energy costs, don’t hesitate to contact us!
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The biggest impact on the energy services price rally is that we consume too much and get more and more energy hungry each year.
For example, electricity consumption in Estonia has increased by 7% this year compared to last year. In fact, this is a big problem and is also one of the main reasons behind the price hike. Prices cannot fall if demand remains high and there simply is not enough of the commodity - energy. Unfortunately, this trend of growth in consumption is common worldwide. But are there any real solutions to this?
One of the main solutions undoubtedly lies in large consumers also being able to reduce their energy consumption.
Household consumers must be praised - most people have adjusted their consumption habits or reduced their consumption according to the price of elect
Inspiration day “Let's start! Double Gift 2022“ brought about a hundred orphanages and their fifty teachers from all over Estonia to Ülemiste Centre, the biggest retail & entertainment centre in Tallinn, Estonia the last week.
The day began with an exciting discussion where experts in their field shared their knowledge and advice on entrepreneurship in the face of an increasingly green future.
During the day also R8 Digital Operator’s results on energy & CO2 savings, indoor comfort and R8 Virtual Power Plant at Ülemiste were introduced by our partner Kristo Peerna.
Look also our example set of the GREEN numbers - that's quite impressive slide regarding the direct energy efficiency effort by our R8 Digital Operator!
On the picture from the left: Estonia’s Minister of Entrepreneu
How R8 Digital Operator connects with a building through the internet?
Actually, when saying „to connect with the building” we mean that R8 Digital Operator connects with the Building Management System (BMS) as this is the core control centre of building’s maintenance. It is done using software feature called application programming interface (API), which is a common solution for many kind of different integrations (used in banks, media-business etc).
The API is a standard module in the BMS, maintained by the BMS’s manufacturer. There are also BMS’s that don’t have an API and in those cases we interact with the industry’s standard protocols like OPC-UA or BACnet/IP.
Should the client worry about the connection safety?
Security has a crucial importance for us and for the R8 Digital Operato
The European PropTech Association – PropTech House has selected semi-finalists of the PropTech Startup & Scale-up Europe Awards 2022 and we got the GOOD news – R8 Technologies has been selected to TOP50 of best PropTech companies in Europe, already for a 3rd year in a row!
The 50 shortlisted startups will be invited to the Semi-Final, a live-pitch session on the 27th and 28th of June 2022in Brussels, in the presence of the board members, the Representative of the European Commissioner and all the jury members.
R8 Technologies CEO Siim Täkker: "It is very motivating to see that R8 Digital Operator once and again receives an attention and differentiates from many other PropTech solutions. In those times of volatile and peaking energy prices our energy efficiency solution is something t
No matter if it’s a shopping mall, hotel or office – when it comes to commercial real estate, there’s always a need for smarter and better maintenance, longer building life span, smaller environmental footprint and better indoor climate - in other words, we are talking about GREEN buildings.
The demand for making buildings green is only rising - it is driven by global warming, environmental regulations, growing focus on occupant health and most certainly booming energy prices.
An internationally acknowledged method to prove your commercial building’s sustainability is sustainability certification. One of the most prominent is LEED (Leadership in Energy and Environmental Design). It is a globally recognized symbol of sustainability achievement and also the most widely used green building
Can there be anything more convincing when your client makes a video about your energy efficiency solution supporting their buildings? This is exactly Ülemiste Centre has done and we are glad to share it!
Ülemiste Centre is the largest retail and entertainment center in Estonia with 125.000m2. Visitors’, tenants’ and employees’ satisfaction together with sustainability goals are main priorities.
We are proud to support Ülemiste Centre's sustainability goals with our R8 Digital Operator since 2020. And the results – in this 3 minute video produced by Ülemiste, their CEO Guido Pärnits is speaking about the benefits of using R8 Digital Operator and our CEO Siim Täkker is explaining how the AI works.
Guido Pärnits: “Automatic climate control in cooperation with R8tech brings us three posi
