New survey shows businesses planning to increase spending on improving energy efficiency

Jonny Bairstow writes on the Energy Live News website about a recent survey from Johnson Controls saying businesses want to reduce their carbon footprint, save money, boost energy security and enhance their reputation

 

‘Majority of global firms to step up efficiency spending’

More than half of global organisations are planning to increase their energy efficiency spending in the next year.

That’s according to Johnson Controls, which has conducted a survey of nearly 2,000 facility and energy management executives from across 20 countries.

It revealed 57% of organisations in the US and 59% of global organisations are looking to increase investment in energy efficiency measures in the next year, with many of these organisations planning to increase spending on smart building measures at a greater rate than more traditional efficiency measures.

Building controls improvements were cited as the most popular investment for the next 12 months among US organisations, with 68% of respondents planning to implement such measures.

Building system integration also saw a 23% increase in respondents planning to invest in 2019, the largest increase of any measure in the survey.

Companies responding to the survey identified greenhouse gas footprint reduction, energy cost savings, energy security and enhanced reputation as key drivers of investment, fuelling growth in green, zero carbon and resilient buildings.

Roughly a third of businesses said they believe the ability to maintain critical operations during severe weather events or extended power outages is extremely important when considering future energy and building infrastructure investments – half said they are extremely or very likely to have one or more facilities able to operate off the grid in the next decade.

Clay Nesler, Vice President of Global Sustainability at Johnson Controls, said: “Organisations are more interested than ever in leveraging energy efficiency, energy storage and distributed generation technologies to deliver smarter, safer and more sustainable buildings.

“US organisations are especially bullish about the future impact of systems interoperability, systems integration and cybersecurity technologies, leading all other countries.”

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