Global survey shows 116% energy management increase since 2010
June 20, 2013 - New research by Johnson Controls shows energy efficiency interest rose 116% globally since 2010. Green building certification and green tenant space leasing is also on the rise, although 22% cite a lack of funding as the top barrier to investment. The Johnson Controls Energy Efficiency Indicator, a global survey, was released at the 24th Annual North American Energy Efficiency Forum in Washington, D.C.
By Stephanie Lai
It indicated that 73% of respondents worldwide set energy reduction goals within the last year, up from 58% two years ago. Among the organizations that set public goals, 72% plan to increase energy efficiency investments and nearly a third used external financing to meet those goals. Organizations that set public goals also implemented 50% more efficiency measures than institutions without goals.
“The research shows that accountability drives action when it comes to energy efficiency and we think more companies want to find ways to be efficient. However the barriers that our research points to year after year must be resolved first,” said Dave Myers, president, Johnson Controls Building Efficiency.
“We need public policies and private investment to work together to reduce the market’s uncertainty and capture this year’s momentum toward a more energy efficient global economy,” continued Myers.
Global respondents identified the top policies to improve energy efficiency. Those policies include tax credits or incentives and rebates for implementing efficiency, low-interest financing for energy upgrades, stricter building codes and equipment standards, and mandatory energy performance disclosure.
Organizations with public goals and external financing implemented 84% more efficiency measures and are nearly three times more likely to increase investments compared to organizations with neither public goals nor external financing, noted Johnson Controls.