Forces are continually at work in the energy industry. Globally, energy prices are in constant fluctuation at the hands of shifting supply, geopolitical influence, and infrastructure investment. To obviate for future unknowns, businesses are demonstrating increasing interest in zero net energy and zero waste buildings as well as creative initiatives such as waste to energy. They’re showing increased interest in leveraging big data and the Internet of Things (IoT) to refine their understanding and control of energy consumption and spending. But the resources they’re afforded to do so remain their biggest challenge.
Meanwhile, utility business models are changing at the hands of the rapid maturation of distributed energy resources (DERs) and renewables, and consumer consciousness—and expectations—of corporate sustainability commitments continues to grow.
All of these forces are working in tandem to shape the perceptions of commercial energy consumers and the customers and stakeholders they serve.