Page 14 - Respond 2019 Magazine
P. 14

/ Signify (the new name of Philips Lighting)

       with smart EV charging controls to control   Figure 2. Building Retrofit Rates Required to Offset EV Demand and Meet 2°C Targets
       charging times, the peak evening load can
       be reduced to entirely offset EV electricity
       All in all, renovation makes our buildings fit
       for the 21st century as was also highlighted
       in a recent study by the Corporate
       Leadership Group.
       So, what should be done to make
       this happen? There are several
       recommendations of which the most
       important is that policy makers should
       develop integrated policy frameworks,
       particularly on buildings and transport,
       while combining these with renewable
       energy policies making the energy we
       consume clean and sustainable. An
       important enabler for the increase in
       building renovation is that when the
       moment of building ownership or tenancy
       change would be used for deep building
       renovation – either for our homes,
       commercial or public buildings – this would
       result in the required renovation rate that
       is compliant with the Paris Agreement. And
       come to think of it, the additional budget
       required can easily be included in the
       mortgage or in the real estate portfolio, as   Figure 3. Hypothetical Effect of Smart EV Charging and Building Energy Efficiency
       these buildings will be cheaper to use and   on Peak Electric Load
       are safer investments for individuals and
       investors. Recent insights even show that
       an energy efficient building does not even
       require higher investments. It is critical
       that we get the charging infrastructure
       right, so that charging can be done where
       we live or work, and that demand response
       management balances the load on the
       electricity grid.

       So, we see through these scenarios and
       recommendations that the task at hand
       is pretty big. Yet, I believe that when we
       embrace these goals and work together to
       accomplish what is needed, we can get this
       done. It is not the first time to see massive
       change in a short period. The transition to
       LED lighting is possibly the fastest of the
       past decades. Only a little over 10 years
       ago two thirds of our sales volume were
       incandescent light bulbs, while today 70%
       of our sales is LED, and by 2020 every LED
       we put on the market will be a connected   well as the EV100 program of The Climate
       or connectable LED, thus fully converting   Group. As a company our buildings will
       to an IoT portfolio.               become net zero carbon and our company
                                          fleet 100% electric by 2030. My thinking is
       For the planet our long-term goal should be   that if we can do this in this timeframe, we
       to move to a net zero carbon world by 2050.   should be able to jointly do this across all
       This is why as Signify we announced that   sectors and geographies by 2050!
       we joined the WorldGBC’s Net Zero Carbon
       Buildings (NZCB) by 2030 commitment as

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