Saving money with smart energy management for ING Spain

Endesa X installed Energy Management Systems and 4metering equipment at 29 ING branches, reducing energy consumption

Spain

ING

Banking

Multinational banking group ING asked Endesa X to help it move forward with its commitment to sustainability by improving energy efficiency at its Madrid headquarters, data processing center and 29 branches across Spain. Endesa X has installed an Energy Management system including the smart metering system 4metering at ING facilities, allowing the bank to monitor energy and water consumption, and therefore to design and implement ways to improve efficiency and reduce consumption. Moreover, ING can detect leaks, anomalies and cost overruns. These steps will translate into average savings of 7-10%.

The client

Headquartered in Amsterdam, ING Group is a multinational bank serving around 38 million customers, corporate clients and financial institutions in 40 countries, making it one of the world’s top 30 banks and among Europe’s largest companies by revenue. ING Bank’s more than 57,000 employees oﬀer retail and wholesale banking services.

Sustainability is at the heart of ING’s strategy as a lender, an investor and through the services it offers its customers. Sustainability starts with the bank making sure its own operations are in line with low carbon goals in its offices and branches.

The agreement’s benefits

29

offices across Spain

10%

average cost savings

40%

potential increase in savings

Enel X’s challenge

ING is looking for a solution to integrate sustainability principles into its daily operations and, by increasing efficiency, to keep energy consumption under control and save costs and reduce CO₂ emissions.

For ING, Endesa X installed its smart metering system 4metering, capable of measuring four different sources of electrical consumption (air conditioning system, lighting, electrical power and general meter) plus one for water use.

Moreover, by also installing Endesa X’s Energy Management System, ING will be able to immediately detect cost overruns or deviations in consumption. The Energy Management System solution enables Endesa X to perform "virtual audits" for ING, pinpointing potential savings that might go unnoticed by a simple energy audit.

The Energy Management System can deliver average savings of 7% to 10% just by suggesting good practices to be adopted, but the savings rise to 40% if the company decides to invest in specific solutions for the energy transition, such as photovoltaic systems or Battery Energy Storage Systems (BESS)

The Energy Management System provides data to any browser or smartphone in a simple and intuitive way, making it easy for managers at companies with or without experience in accessing these tools.