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 | Aug 19, 2021
Massive infrastructure bill includes hundreds of millions for building energy efficiency
Funds allotted for updated code implementation, construction technology, K-12 efficiency programs.
Codes and Standards | Aug 18, 2021
Fannie Mae green bonds program could be greenwashing
Analysis shows significant number of green bond properties become less efficient.
Codes and Standards | Aug 17, 2021
Three Texas cities head list of most environmentally vulnerable
Hazard analysis includes natural disasters and government response categories.
Codes and Standards | Aug 16, 2021
Bill would reform New York’s public contracting process
Council on Public Contracting Reform to have contractor representation.
Codes and Standards | Aug 12, 2021
AGC pushes for more environmentally friendly construction
Contractor trade group supports government investment, tax incentives to reduce carbon footprints.
Codes and Standards | Aug 11, 2021
Decentralized approach to codes means emissions reduction responsibility falls on local officials
Efficiency advocates focusing more on local code amendments.
Codes and Standards | Aug 10, 2021
Dept. of Energy issues model energy code determinations for commercial, residential buildings
2021 IECC offers 9.4% site energy savings.
Digital Twin | Aug 9, 2021
Digital Twin Maturity white paper offers guidance on digital twin adoption
Provides lifecycle map and an approach for incorporating digital twins.
Codes and Standards | Aug 5, 2021
Contractors can be liable for building failures many years after project completion
Personal injury suits could be brought decades after substantial completion.
Codes and Standards | Aug 4, 2021
Mass timber is a natural choice for building recycling through deconstruction
Designing wood buildings to optimize recovery of materials for disassembly aids carbon sequestration.