A successful district energy system is one that constantly strives for efficiency and optimization. Through the use of thermal energy storage (TES), we have a solution that satisfies both of those needs.
In June, The University of Texas at Austin brought home 2018 System of the Year honors from the International District Energy Association (IDEA) 109th Annual Conference and Trade Show in Vancouver, British Columbia. Announcing the award, IDEA stated that, “The University of Texas at Austin has earned the distinction among its peers as the most efficient university utility in the U.S.”
UT students might be conscious of their own energy consumption, but one group aims to give students a first-person perspective on how much energy UT buildings use. On Friday, Longhorn Lights Out hosted their monthly “Join the Dark Side” event in which groups of students turn off lights and other unnecessary electronics in buildings across campus.
The Department of Energy has selected the Center for Electromechanics (CEM) in the Cockrell School of Engineering at The University of Texas at Austin to lead a new $1.6 million project to develop the technology needed to bring the reliable and efficient emerging electrical grid to rural parts of Texas and the nation.
John C. Butler, academic director of the Energy Management and Innovation Center, associate director of the Center for Energy Finance Education and Research, and a clinical associate professor of Finance discusses new energy initiatives and trends at McCombs: "None us can ignore what's going on in sustainability. Traditionally we think about firms maximizing shareholder value. There are some people who say we need to change this system that underlies capitalism. I think that if shareholders start to value other things than pure profit or return, companies will have to adapt."