This panel discussion will focus and offer useful tips on energy strategy for organisations. What is energy strategy, how does it help your organisation and how do you develop one.
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Energy Strategy: a Friend or a Foe
1. Energy Strategy:
A friend or foe?
Kit Oung, Energy Efficien:ology
Richard Frost, Queen Mary College, London
Scott Armstrong, Bourne Leisure
2. Energy Efficien:ology
Everyday is an energy-saving day
Reason energy, environment, and sustainability is a priority
0%
5%
10%
15%
20%
25%
30%
35%
Supply chain
risk
Product and
technology risk
Regulatory risk Litigation risk Reputation risk Physical risk Others
“Regulatory penalties” and “improving the
environment” are
SECONDARY
“Reducing cost of energy” and “finding more
efficient ways of working” are the
PRIMARY drivers
3. Energy Efficien:ology
Everyday is an energy-saving day
Barriers from doing more
Not a priority
16%
Do minimum to comply
13%
Lack of incentives
12%
“Confusing literatures”
leading to the “inability to
value benefits” as the
SECOND
Short-termism and fast return
on investment continues to
be a MAJOR
hindrance
Functional managers would say the
SECOND barrier is “dynamic and
changing requirement”
4. Energy Efficien:ology
Everyday is an energy-saving day
Activities to disarm barrier and accelerate action
Others
Clearn energy policies and regulation
Standardised product testing and labelling
Carry out energy audit
Implement an energy management system
Balanced case studies
Visual energy data to aid decisions
Educate top management
0% 2% 4% 6% 8% 10% 12% 14% 16% 18% 20%
77%
of the
activities to
disarm
barriers can
be achieved
through
concerted
in-house
initiatives
“Educating top management on their fiduciary
duties” is
UANIMOUSLY a must