Research reveals that companies are not prepared for the new energy economy

International. While global business leaders focus on the annual meeting of the World Economic Forum in Davos this week to discuss energy and environmental challenges, a new study published by Schneider Electric reveals that most organizations feel prepared for a decentralized, decarbonized future and digitized, but many are not taking the necessary steps to integrate to promote and promote their energy and sustainability programs.

This false sense of security can be attributed to the finding that most companies still adopt fairly conventional approaches to energy management and climate action. Likewise, the limited coordination between procurement, operations and sustainability departments, as well as the collection and exchange of inefficient data, make innovation gaps higher.

The 81% of companies have made efficiency upgrades or plans to do so, but 30% or less are considering new energy opportunities such as microgrids and demand response.

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According to the survey applied to 240 large corporations ($ 100 million in revenue or more) from around the world, the 85% said that their company will take action over the next three years to maintain their competitive carbon reduction plans with the leaders of the industry. But the projects that have started or are in development are strongly inclined towards the conservation of energy, water and waste management. Outside of renewable energy, few of the organizations represented are implementing more advanced strategies and technologies to manage energy and emissions.

Key findings include:

  • The 81% of respondents have made energy efficiency updates or plan to do so within the next two years; 75% is working to reduce water consumption and waste.
  • The 51% has completed or plans to follow renewable energy projects.
  • Only 30% has implemented or is actively planning to use energy storage, microgrids or combined heat and power, or some combination of these technologies.
  • Only the 23% has response strategies to demand or plans to do so in the short term.

"We are in the midst of a massive disruption in the way energy is consumed and produced," said Jean-Pascal Tricoire, president and CEO of Schneider Electric. "The almost universal approach to conservation is positive, but being an intelligent consumer is just part of what it takes to survive and thrive." Companies must prepare to be an active participant in energy, put the pieces in place. to produce energy and interact with the network, public services, partners and other new participants, those who do not act now will be left behind. "

A primary barrier to progress may be internal alignment. The 61% of respondents said that the energy and sustainability decisions of their organization are not well coordinated between teams and departments, especially for consumer goods and industrial companies. In addition, the same number of respondents said that the lack of collaboration is a challenge.

Data management was cited as another obstacle to integrated energy and carbon management, and 45% of respondents stated that the organization's data is highly decentralized and is managed at the local or regional level. Of the people who identified "insufficient tools / metrics for data exchange and project evaluation" as a challenge to work in all departments, 65% manages data at the local, regional or national, not global level.

The Scottish company iomart, a leader in managed cloud services, is an example of a company that is taking an integrated, data-driven approach. It works to coordinate energy efficiency and environmental management throughout the network of data centers that it owns and operates in the United Kingdom.

"Having data and actionable intelligence is essential," said Neil Johnston, director of technical operations for the group for iomart. "But what happens once the information is available is equally important: our purchasing, energy and sustainability teams compare data and develop shared strategies to manage consumption and emissions, and reduce costs." That collaboration has generated significant savings for the company. business, and has helped us achieve ISO 50001 accreditation and comply with the Carbon Reduction Commitment requirements. "

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