Enigin Update - Research Predicts Growth in Energy Efficiency Upgrades
DESPITE the general turndown in new construction due to the global recession, one building-related field has continued to grow: upgrades tied to improving a facilities energy efficiency according to a new white paper.
This is the results of a new white paper by Pike Research of Boulder. Colorado US. The report reveals that a number of factors have been driving this growth, including the need to improve the energy performance of buildings for cost savings as well as the desire to obtain green building certification.
The white paper identifies 10 key trends that are having a strong influence on the worldwide building industry. The paper, which includes predictions about the building energy efficiency market in 2011 and beyond, is available for free download on Pike Research’s website.
Senior analyst Mike Wapner. states:
“Buildings account for about a third of global energy use, and as much as 40% of energy consumed in the United States. Therefore, they represent a prime opportunity for efficiency improvements.
“As such, the commercial building sector is becoming an increasingly attractive market for technology and service companies alike. From energy management systems to LED lighting, the industry is in a period of strong technological innovation.”
Wapner adds that the regulatory and policy environment for building efficiency is dynamic, as well. Building codes, mandatory disclosure rules, and other regulations related to energy efficiency are developing quickly around the world, with new financing options emerging to support the business case for energy efficiency retrofits and upgrades.
Enigin Distributors worldwide are already helping many businesses, landlords and public sector organisations to save energy and money by using energy saving technology from Enigin ever increasing.
Pike Research’s building efficiency industry predictions for 2011 and beyond include the following:
- Energy codes will keep raising the bar and enforcement is catching up.
- Mandatory disclosure rules will incentivize building owners to invest in energy efficiency.
- The pace of building certification will increase, led by LEED.
- Building energy management systems are in high demand.
- The U.S. ESCO market will see moderate growth and ESCOs in Asia Pacific’s developing markets will advance rapidly.
- Lighting: 2011 will not yet be “The Year of the LED”.
- The connection between efficient buildings and the smart grid will continue to grow.
- An increasing number of financing options will continue to emerge to support building efficiency programs.
- Systemic conditions, policy choices, and practical considerations will continue to present barriers to achieving energy efficiency, but investments in training, information access, and technology will gradually overcome many of them.
