More than half of the facility management executives in a multi-national survey said that they will increase energy efficiency investments next year.
The 2017 Johnson Controls Energy Efficiency Indicator (EEI) survey of more than 1,500 facility and management executives in the United States, Canada and 10 other countries found that 58% of respondents expect to spend more on efficiency in 2018. Cost reduction remained the key driver for investments globally, with 77% rating it as a very or extremely significant factor.
In the U.S. and Canada, greenhouse gas emissions reduction and energy security were the most significant drivers at 92% and 91%, respectively. As in previous surveys, heating, ventilation and air conditioning (HVAC) equipment was the most popular improvement made last year, reported by 75% of respondents.
Onsite renewable energy is the top planned investment with 57% of respondents saying they will invest in this area over the coming year. Energy storage is gaining momentum, too, with 48% of organizations planning to make such investments in the next year.
Related Stories
| Aug 8, 2013
Boston reaching for solutions to threat of rising sea levels on waterfront development
While Boston officials consider whether to enact new building codes to resist flooding stemming from climate change-induced rising sea levels, developers are already boosting resiliency on new projects.
| Aug 8, 2013
EPA’s National Stormwater Calculator aids developers
The Environmental Protection Agency has released an application called the National Stormwater Calculator that uses soil conditions and rainfall records to estimate annual rainfall and runoff for any location in the U.S.
| Aug 8, 2013
Bipartisan bill would strengthen model building codes to boost energy efficiency
The Energy Savings and Industrial Competitiveness Act, a bipartisan U.S. Senate bill, would strengthen model building codes to make new homes and commercial buildings more energy efficient.
| Aug 2, 2013
Design of world’s tallest wood skyscraper would be more sustainable than steel alternative
Architecture firm C. F. Møller has proposed building the tallest wooden building in the world in Stockholm, Sweden.
| Aug 2, 2013
Texas law expected to help reduce construction payroll fraud
Texas lawmakers want to get tough on construction companies that commit a certain form of payroll fraud, passing a new law recently signed by Gov. Rick Perry.
| Aug 2, 2013
Surveys show parking space requirements far in excess of what is necessary
Officials in the Northwest’s large metropolitan areas have sent survey takers out at night through apartment and condominium lots and garages, recording empty and full spaces, and comparing their tallies with the number of apartments.
| Aug 2, 2013
Netherlands Institute of Ecology built to zero waste principles
The Netherlands Institute of Ecology was designed and built to be the most sustainable building in Holland and incorporate the zero waste principles of Cradle-to-Cradle design.
| Aug 2, 2013
Threat of more powerful coastal storms could curtail development
Led by Stanford University’s Natural Capital Project, researchers mapped the intensity of hazards posed to communities living along America’s coastlines from rising seas and ferocious storms now and in the decades to come.
| Jul 26, 2013
AGC launches new coalition to help bring tax relief to construction sector
Associated General Contractor of America (AGC) has launched the Coalition for Fair Effective Tax Rates to bring tax relief to the construction sector.
| Jul 26, 2013
Legislation would revamp federal contracting policy impacting small design and construction firms
Legislation was introduced in the U.S. House of Representative this month to ban reverse auctions when an agency determines small businesses are qualified to bid on the solicitation.