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
Codes and Standards | Oct 6, 2021
Intl. Code Council publishes EV and building codes resource
Assists communities in setting policies for electric vehicle charging requirements.
Codes and Standards | Oct 5, 2021
Feds award $1 billion to renovate health centers
Funds will modernize existing infrastructure and cover other COVID-19-related capital needs.
Codes and Standards | Oct 4, 2021
Boston City Council approves mandate for major emissions cuts for large buildings
Applies to buildings 20,000 sf or larger—about 4% of city’s buildings.
Codes and Standards | Oct 4, 2021
HPD Collaborative and Green Seal to align standards
Will result in expanded options for manufacturers to enhance sustainability reporting and certifications.
Codes and Standards | Sep 30, 2021
U.S. has a deficit of 5 million homes
Builders unable to keep pace with demand.
Codes and Standards | Sep 29, 2021
Mass Timber group study will compare structural round timber to glulam products and steel
Will compare costs, capabilities, and carbon impacts of structural materials.
Codes and Standards | Sep 28, 2021
Massachusetts creates Commission on Clean Heat
First-of-its kind body to set targets for buildings to reduce emissions from heating fuels.
Codes and Standards | Sep 27, 2021
Commercial real estate industry faces SEC climate disclosure regulations
Risks associated with climate change would have to be revealed.
Codes and Standards | Sep 22, 2021
Group proposes Carbon Use Intensity metric for new buildings
Plan would track embedded carbon on projects.
Codes and Standards | Sep 22, 2021
Illinois’s sweeping climate bill includes statewide stretch code, building electrification measures
Aims for zero-emissions power sector by 2045.