More Than 50% of Businesses Say They’re ‘Least Advanced’ When It Comes to Energy

on February 6, 2019
Greentech-Media

In early 2018, Google proclaimed that it had achieved its 100 percent renewable energy target. The global IT giant has the scale and resources to invest in novel power-purchase agreements for clean energy, tackle energy efficiency projects and leverage its assets in wholesale energy markets.

Within the same year, large corporate customers signed more than 5 gigawatts’ worth of power-purchase agreements (PPAs) for wind and solar in the U.S., nearly doubling the number of gigawatts signed in 2017, according to Wood Mackenzie Power & Renewables.

And then there is everyone else.

Despite the headlines about bold renewable goals and organizations committing to deeper sustainability missions, comprehensive energy strategy continues to be a struggle even for large energy users.

According to a study by Centrica Business Solutions, one in three organizations are thinking about how energy can contribute to business growth, drive deeper efficiencies and reduce risk. And yet, the study found that more than half of businesses identified themselves in the “least advanced” category when it comes to energy strategy, while less than 10 percent considered themselves “most advanced.”

In other words, there’s a pretty sizable disconnect between businesses that would like to approach energy differently and those that actually do.

“It’s not that they don’t have the interest; it’s just that they don’t have the resources and time,” said Dan Svejnar, vice president, head of commercial North America for Centrica Business Solutions.

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Fractal Energy Storage ConsultantsMore Than 50% of Businesses Say They’re ‘Least Advanced’ When It Comes to Energy