Page 14 - Respond 2019 Magazine

/ 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
use.
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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