Martin Hanssmann, President and CEO of Millennial Net, and Rick Nicholson, VP of Research at IDC, discuss how and why energy smart businesses are reducing their energy waste and taking further steps to improve building efficiency.
BM. Volatile energy costs and a growing awareness of the climate change issue are leading many companies to re-examine their energy usage policies. Why does energy efficiency make good business sense?
Martin Hanssmann. Businesses strive for predictable performance. Any volatility is an impediment to business optimization. In the commercial sector, energy is consumed primarily in buildings for lighting, comfort, data centers and office equipment. Despite all the investments in energy efficiency in new construction and renovation since the 1970s, energy consumption today is literally out of control in most commercial buildings. Upon further investigation, these buildings operate wastefully because energy consumption is not aligned with need. For example, most buildings heat and cool regardless of occupancy, and unoccupied offices consume electricity in non-essential lighting and idle office equipment. Such waste yields no business benefit and is a non-productive contributor to greenhouse gas emissions. Energy smart businesses continuously re-examine usage policies to target and reduce energy waste and take further steps to improve building efficiency.
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