Companies are increasingly recognizing that energy solutions can help them achieve their strategic goals.
Technological innovation and regulatory change are opening up new opportunities for how energy is generated and consumed. Organizations investing in advanced energy solutions are already seeing benefits—and these go way beyond cost savings. They’re getting more control over energy use, strengthening their brands and, in some cases, gaining a new revenue stream.
The businesses that act now stand to gain a significant first-mover advantage and reap the biggest rewards. Organizations with formal energy strategies are outperforming on a range of key business metrics— including financial growth, efficiency and customer-centricity. At present, that’s just a small group of companies. However, by working with energy partners, more organizations can grasp the opportunity to turn their ambitions into actions and realize the full potential of energy.
Two fifths of companies have seen significantly reduced energy costs after investing in advanced energy solutions.
The most advanced businesses are 2.5x as likely to be achieving strong financial performance as the least advanced.
One quarter of businesses say investing in advanced energy solutions has improved their reputation.
Seven out of ten businesses say they need commercial and technical expertise to help them realize the growth opportunities energy can unlock.
How can you join the ranks of the energy leaders—and draw true strategic value from your energy investments? Our research identifies four key areas of focus:
Measuring your energy use can reveal areas where you can make immediate gains. And it can help build a case for further investment.
This is about augmenting your existing energy sources. Companies typically start with energy efficiency improvements and then consider onsite generation solutions.
Organizations should be carrying out regular assessments of the risks posed by disruptions to supply. Today, that’s not happening consistently.
Developing a formal energy strategy, which links your energy goals with business outcomes, is key. It’s an area where most companies need help.
More than half of the most efficient companies use three or more different measures to track energy usage.
Seven out of ten organizations agree that the cost of being energy resilient is less than the cost of a power failure.
Around half of companies have implemented energy efficiency improvements.
Three quarters of companies say they have an energy strategy, but over half of those say it’s not formalized and implemented consistently.
