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Third Industrial Revolution Consulting Group<br />

The calculations assume: US$360 Billion per TW based on 2015 global GDP $75 Trillion (in<br />

constant 2010 USD), 19 TW global energy consumption in 2015, Energy amounts to 8% of global<br />

GDP, US$ converted to Euros. Avoided Cost of Carbon based on 2015 Carbon intensity (3<br />

GtCO 2 /TW), valued at $100 per ton CO 2 Social Cost of Carbon, and 2010 US$ converted to<br />

Euros.<br />

Luxembourg Construction, Real Estate, and IOT-GAIN Amplifying<br />

These end-use efficiency gain opportunities are in every sector and value chain of the economy,<br />

conjoined with both existing processes and products, as well as with the IoT and GAIN<br />

technologies in the process of disrupting even the most durable, long-lasting market<br />

performance trends in sector after sector. The global built industry is overdue for such a<br />

makeover, given their immense ecological footprint and the extensive exergetic gains that IoT<br />

and GAIN technologies can catalyze.<br />

Over time, every existing building and facility should undergo a real-time retrofit and upgrade<br />

process that uses wireless smart sensor networks drawing off Big Data and data visualization<br />

analytics, transforming energy-consuming buildings and facilities into positive energy highperformance<br />

buildings. This is a multi-decadal immense market for Luxembourg’s industrial<br />

sector businesses to pursue. Given Luxembourg’s 4% per annum new construction growth<br />

rates, all new construction should also be designed to create buildings that serve as Big Data<br />

nodes, micro power generating sites, and electric and fuel cell vehicle transport hubs.<br />

Infosys, one of the world’s largest IT companies, provides an exemplary model. The €8.3 billion<br />

annual revenue multinational is achieving 80% energy savings in new commercial building<br />

construction and operations through its innovative green infrastructure division. Upfront,<br />

systems-integrated architectural-engineering designs led to 50% cuts in energy consumption<br />

(achieved at roughly no extra first cost), while real-time, life-long “continuous commissioning”<br />

of the facilities is maintained through smart sensor networks and Big Data building analytics to<br />

ensure the facilities remain operating and performing as designed. These design features<br />

resulted in accruing an additional 30% energy savings. Deep retrofits and rebuilds of existing<br />

building stock can achieve total savings of 50+ percent.<br />

Architect Ed Mazria, founder of the Architecture 2030 global initiative embraced by business<br />

associations and cities around the world, points out that over the next 15 years 82 billion<br />

square meters of new building and rebuilt construction will take place in urban areas,<br />

230

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