A recent report from the World Economic Forum (WEF) has spotlighted the critical role of artificial intelligence (AI) in the future of building decarbonization, estimating a $1.8 trillion global market opportunity by 2030. The report emphasizes the importance of advanced technologies, particularly AI-driven platforms, in achieving substantial reductions in building emissions.
According to the WEF, AI-based integrated energy management systems have been identified as a key strategy for reaching up to an 80% reduction in building emissions. These systems are now considered more impactful than traditional renovation methods such as insulation upgrades. AI platforms enable real-time optimization of building energy systems by analyzing data from numerous sensors, ensuring peak efficiency and operational performance.
Donatas Karčiauskas, CEO of Exergio, a leading provider of AI-based building energy performance solutions, highlighted the advantages of these technologies. “It was only a matter of time until we see AI-driven platforms highlighted in the most influential reports,” Karčiauskas stated. “They enable real-time optimization of building energy systems, managing data from thousands of sensors to ensure peak efficiency. This approach aligns perfectly with the WEF’s strategies, facilitating significant emission reductions and operational improvements.”
The report encourages building owners and investors to focus on digitalization as a means to capture operational-cost savings and enhance environmental, social, and governance (ESG) performance. It also calls on architects and engineers to implement energy management systems and advises utilities and operators to offer AI technologies that can generate new revenue streams while supporting renewable energy integration.
The WEF’s report indicates that the $1.8 trillion market opportunity will stem from various sources, including premiums, new market growth, and improved ESG performance. The report also underscores the significant role of emerging economies, with China, the world’s largest construction market, and the UAE among those highlighted for their potential contributions to this global effort.
