Enigin Update - Energy Efficiency Market to Continue Growth
DESPITE financial difficulties for many economies and industries the energy efficiency market shows remarkable growth according to new research.
The white paper published by Pike Research identifies trends across the energy market and this new research predicts continuing development and growth of the energy efficiency industry over the next year.
The research highlights that currently the main driving force for this growth is the financial savings enjoyed through improving the energy performance of buildings.
Buildings represent one of the best opportunities for energy efficiency improvements, consuming as much as 40 percent of energy, hence the commercial building sector is often taken the focus for energy efficiency technology and actions.
The energy efficiency sector’s growth is also down to ever stiffer regulations within the industry to promote clarity and certainty for investors in energy efficiency, plus plentiful financing options readily available.
Enigin Distributors are seeing increasing demand for their services and Enigin plc's technology and solutions to manage, monitor and gain control of energy use and waste, leading to savings in energy, emissions and money.
The Research made the following predictions for 2011:
- Energy codes will raise the bar to keep up with efficiency methods and further enforcement powers will become available.
- Mandatory disclosure will channel property owners to invest in making their Property more energy efficient, particularly within the landlord/tenant relationship.
- Building Certification will increase.
- More and more public and private financing options will become available for people to invest in energy efficient measures.
- Advancements in training and technology will continue to advance.
Picture of Powerline from US National Archive
