Cognicity is a smart cities accelerator programme designed and delivered by ENTIQ for Canary Wharf Group (CWG). It was established to discover and support the development of future technologies with positive economic, social and environmental impacts.
Demand Logic helps businesses to reduce their electricity usage by intelligently monitoring and controlling non-essential electrical outputs, saving money and emissions in the process, while SEaB Energy has developed a micro power plant that turns food and organic waste into heat, energy and water directly on-site where the waste is produced.
The technology reduces the carbon footprint of the site, as well as lowering the cost associated with transporting food waste to external processing plants. It could provide between 5–10% of the energy used by the Canary Wharf estate.
SEaB Energy chief executive Sandra Sassow said: "This will allow us to demonstrate to businesses that their waste can be transformed into revenue and carbon offsets, even where space is at a premium.
"Not only does this make sound commercial sense but it also helps meet their sustainability objectives and lower target emissions for new developments."
Both companies have been awarded a £50,000 prize alongside the opportunity to implement their technology at Canary Wharf.
SEaB Energy and Demand Logic won the third and fourth streams of the Cognicity Challenge called ‘Integrated Resource Management’ and ‘Automated Building Management’.
Sir George Iacobescu, Chairman and Chief Executive of Canary Wharf Group said: “We embarked on the Cognicity Challenge to identify and procure the most exciting innovations relevant to our continued growth. Last night was another important step in securing the next generation of technologies essential to keeping the Canary Wharf estate at the forefront of innovation. These ground-breaking solutions will deliver real value, long into the future, to our operations as well as to the workers and future residents of Canary Wharf.”
Ian Jones, Intel’s UK Smart Cities Director added: “London is one of the world’s leading cities and is perfectly positioned to become the flagship for smart cities everywhere. Initiatives like Cognicity are laying the foundations for London to unlock its potential and now we can clearly see solutions taking shape which are going to enrich the lives of citizens in all sorts of ways.”
In order to win the challenge, entrants must satisfy a number of criteria, one of which is the collection and use of data. For these two streams in particular, data is the cornerstone of the technologies being developed, so providing expert guidance and tuition is essential to helping firms better understand this often complex subject.
Click here for a full list of previous Tech Spots.