The role of the Energy Manager is undergoing profound change. Over the past 20 years we have witnessed the emergence of a new breed; someone who is comfortable in the board room as well as the boiler room. And he - or increasingly she - is starting to have a material impact on
margins and revenues.
This document brings together a set
of latest data points and publicly
available information relevant for
Utilities Industry. We are very excited to share this content and believe that readers will benefit from this periodic publication immensely.
Five Strategic Priorities: Generation and Transmission CooperativesScottMadden, Inc.
Generation and transmission cooperatives face complex challenges and must address five strategic priorities: (1) managing generation assets as asset profiles change, (2) ensuring grid security and reliability as NERC regulations evolve, (3) gaining access to capital markets as financing needs rise, (4) improving stakeholder management amid conflicting expectations, and (5) fostering economic development through long-term commitment and measurable objectives. The document outlines each priority in detail and provides contact information for the authors to learn more.
Power Forward- Why the World's Largest Companies Are Investing in Renewable E...Mark Molitor
Large corporations are increasingly investing in renewable energy because it helps reduce costs, diversifies their energy supply, and allows them to meet sustainability and emissions reduction goals. Fifty-nine percent of the Fortune 100 and nearly two-thirds of the Global 100 have set greenhouse gas emissions reduction commitments, renewable energy commitments, or both. Twenty-four large companies have specific renewable energy targets for their operations. While corporate commitments are driving renewable energy investment, barriers like high costs and inconsistent policies can limit further investment. The report provides recommendations for corporations to set stronger targets and support enabling policies, and for policymakers to implement policies that reduce costs and expand access to renewable energy.
This document provides an overview and summary of American Electric Power's (AEP) 2014 Corporate Accountability Report. It discusses AEP's business structure, corporate governance, strategy for growth including capital investment and transmission expansion. It summarizes AEP's 2013 financial and operational performance, including safety, environmental, reliability and workforce initiatives. It also outlines challenges facing AEP such as EPA regulations and capacity market issues, and AEP's efforts to address these challenges through policy engagement and grid security investments.
Energy Efficiency / ESG Acquisition / Press Releaselucamazzei
Honeywell announced an agreement to acquire Energy Services Group to strengthen its energy management solutions portfolio for schools, colleges, and municipalities in the Upper Midwest. The acquisition expands Honeywell's energy sales coverage and expertise in the region. Energy Services Group customers will benefit from Honeywell's resources and expertise to help address energy challenges. The deal is expected to close within a month.
This report estimates $640 billion of potential investment opportunities in climate-smart businesses across Europe, Central Asia, and the Middle East and North Africa (EMENA) up to 2020. This includes $270 billion in renewable energy generation, $240 billion in energy efficiency, $60 billion in industrial efficiency, and $70 billion in water usage improvements. The opportunities exist across the region as countries address rising energy demand, climate change impacts like water scarcity, and the need for more efficient infrastructure. Key trends driving investment include a green boom in the Middle East and North Africa, modernizing inefficient industries and buildings in the Commonwealth of Independent States, and Emerging Europe's integration with the European Union and adoption of climate policies. The report analy
The document discusses the emergence of the Chief Sustainability Officer (CSO) role in large corporations. It describes how the role has evolved from heads of corporate responsibility and sustainability functions to now be board-level positions focused on integrating sustainability into core business strategy and operations. Typical activities of a CSO include exploring revenue opportunities from sustainable products/services, achieving cost savings from efficiency initiatives, and assessing non-financial performance. CSOs require a unique skill set that blends strategic thinking, commercial understanding, policy engagement, communication abilities, and change management experience. As sustainability issues like resource scarcity and biodiversity rise in prominence, the responsibilities of CSOs are expected to continue expanding in the future.
The document provides biographies of participants attending the AEEI-CPS Energy Smart City Innovation Forum on November 6-7, 2014 in San Antonio. It introduces 17 participants, providing 1-2 paragraphs on their relevant experience and roles in companies like Walmart, FirstFuel, Veolia, CPS Energy, Opower, Microsoft, AT&T, Silver Spring Networks, CLEAResult, Nest Labs, the City of San Antonio, and Duke Energy. The participants represent a variety of sectors focused on energy, sustainability, smart cities, and emerging technologies.
This document brings together a set
of latest data points and publicly
available information relevant for
Utilities Industry. We are very excited to share this content and believe that readers will benefit from this periodic publication immensely.
Five Strategic Priorities: Generation and Transmission CooperativesScottMadden, Inc.
Generation and transmission cooperatives face complex challenges and must address five strategic priorities: (1) managing generation assets as asset profiles change, (2) ensuring grid security and reliability as NERC regulations evolve, (3) gaining access to capital markets as financing needs rise, (4) improving stakeholder management amid conflicting expectations, and (5) fostering economic development through long-term commitment and measurable objectives. The document outlines each priority in detail and provides contact information for the authors to learn more.
Power Forward- Why the World's Largest Companies Are Investing in Renewable E...Mark Molitor
Large corporations are increasingly investing in renewable energy because it helps reduce costs, diversifies their energy supply, and allows them to meet sustainability and emissions reduction goals. Fifty-nine percent of the Fortune 100 and nearly two-thirds of the Global 100 have set greenhouse gas emissions reduction commitments, renewable energy commitments, or both. Twenty-four large companies have specific renewable energy targets for their operations. While corporate commitments are driving renewable energy investment, barriers like high costs and inconsistent policies can limit further investment. The report provides recommendations for corporations to set stronger targets and support enabling policies, and for policymakers to implement policies that reduce costs and expand access to renewable energy.
This document provides an overview and summary of American Electric Power's (AEP) 2014 Corporate Accountability Report. It discusses AEP's business structure, corporate governance, strategy for growth including capital investment and transmission expansion. It summarizes AEP's 2013 financial and operational performance, including safety, environmental, reliability and workforce initiatives. It also outlines challenges facing AEP such as EPA regulations and capacity market issues, and AEP's efforts to address these challenges through policy engagement and grid security investments.
Energy Efficiency / ESG Acquisition / Press Releaselucamazzei
Honeywell announced an agreement to acquire Energy Services Group to strengthen its energy management solutions portfolio for schools, colleges, and municipalities in the Upper Midwest. The acquisition expands Honeywell's energy sales coverage and expertise in the region. Energy Services Group customers will benefit from Honeywell's resources and expertise to help address energy challenges. The deal is expected to close within a month.
This report estimates $640 billion of potential investment opportunities in climate-smart businesses across Europe, Central Asia, and the Middle East and North Africa (EMENA) up to 2020. This includes $270 billion in renewable energy generation, $240 billion in energy efficiency, $60 billion in industrial efficiency, and $70 billion in water usage improvements. The opportunities exist across the region as countries address rising energy demand, climate change impacts like water scarcity, and the need for more efficient infrastructure. Key trends driving investment include a green boom in the Middle East and North Africa, modernizing inefficient industries and buildings in the Commonwealth of Independent States, and Emerging Europe's integration with the European Union and adoption of climate policies. The report analy
The document discusses the emergence of the Chief Sustainability Officer (CSO) role in large corporations. It describes how the role has evolved from heads of corporate responsibility and sustainability functions to now be board-level positions focused on integrating sustainability into core business strategy and operations. Typical activities of a CSO include exploring revenue opportunities from sustainable products/services, achieving cost savings from efficiency initiatives, and assessing non-financial performance. CSOs require a unique skill set that blends strategic thinking, commercial understanding, policy engagement, communication abilities, and change management experience. As sustainability issues like resource scarcity and biodiversity rise in prominence, the responsibilities of CSOs are expected to continue expanding in the future.
The document provides biographies of participants attending the AEEI-CPS Energy Smart City Innovation Forum on November 6-7, 2014 in San Antonio. It introduces 17 participants, providing 1-2 paragraphs on their relevant experience and roles in companies like Walmart, FirstFuel, Veolia, CPS Energy, Opower, Microsoft, AT&T, Silver Spring Networks, CLEAResult, Nest Labs, the City of San Antonio, and Duke Energy. The participants represent a variety of sectors focused on energy, sustainability, smart cities, and emerging technologies.
The document discusses accelerating the adoption of solar energy in the United States to reduce reliance on natural gas for electricity generation. It argues that solar photovoltaics have the potential to significantly displace natural gas if costs can be reduced through manufacturing improvements, economies of scale, and limited public subsidies over 10 years. With the right policies and market conditions, solar could achieve cost parity with retail electricity and create many local jobs in manufacturing and installation. Political will is needed to pass mandates and use public benefits to justify initial cost reductions that drive the solar industry to self-sufficiency.
Regenerating this generation’s view of oil and gasEY
To better understand the differences between reality and perception around oil and gas, EY conducted a nationwide poll of more than 1,200 consumers and 100 industry executives in the US. In part, the study looked at how consumer views of oil and gas – across several generations – impacts their interest in working in the oil and gas industry.
The report captures Black & Veatch's global engineering and thought leadership to examine how distributed electric generation, the low price of natural gas and modern customer information systems represent growth opportunities for the electric industry--even as security concerns are on the rise and legacy power generation sources (i.e. coal powered plants) are fading away, being replaced by new natgas technology.
The document discusses a scenario where political will accelerates a dramatic shift in the global energy mix away from petroleum towards hydrogen fuel cell vehicles. This would require massive investments in hydrogen production infrastructure and fuel cell technology to bring costs down and make the scenario viable. The biggest risks and barriers are the ability to reduce fuel cell and hydrogen costs at scale, as well as generating sufficient political will through public-private cooperation and incentives on the scale of other major programs.
Corporate Use of Carbon Prices: Commentary from corporations, investors and t...Sustainable Brands
This report is a follow-up to CDP's previous study on how companies are using internal carbon prices as a strategic tool in business planning. This continuation aims to answer some of the questions generated from the previous piece including: why are companies using a carbon price?, how are prices calculated?, do carbon prices drive strategy and investment?, what are the implications for investors, companies, and policymakers?
This document provides an overview of FedEx's 2016 Global Citizenship Report. It begins with an introduction from the Chairman discussing FedEx's vision of connecting the world responsibly and its $200 million investment in communities by 2020. It then summarizes sections on the economy, environment, and people pillars. For the economy section, it highlights stories about how FedEx is empowering entrepreneurs in Africa through solar-powered schools and supporting Schneider Electric's work to expand access to clean energy globally. It discusses trends shaping markets and how FedEx's strategy supports customer and community growth. In 3 sentences or less, this document summarizes key points about FedEx's business, financial highlights, and citizenship approach.
General Electric GE - Analyzing Business Markets - Presentation by Ishan Darw...Ishan Darwhekar
This Ignite presentation thoroughly analyzes the Marketing strategies employed by General Electric GE in its strategic move from B2C and B2B to only B2B company. The innovations in technology and marketing by GE are a benchmark for other industries. GE is truly a pioneer in the field of engineering and is the "World's most respected companies".
General Electric - Strategic Audit AssignmentTim Enalls
This document provides a strategic audit of General Electric (GE) and its eight business units. It discusses GE's current situation, including financial performance, strategies, and policies. GE achieved growth in profits, cash flows, and shareholder returns in 2012. The company aims to be an infrastructure leader and invest in areas like oil & gas, healthcare, and software. GE also emphasizes social responsibility, ethical practices, and compliance with regulations. The board of directors provides oversight and receives regular briefings on key issues.
General Electric conducted a SWOT analysis to evaluate its strategic position. It has strengths in its partnerships with governments and infrastructure programs, but also weaknesses like higher prices. Opportunities include expanding into emerging markets, while threats include rising costs and increased regulation. A comparison with competitors like Siemens showed GE has a larger market cap and revenue. GE aims to address climate change through initiatives to reduce emissions and increase energy efficiency across its operations. It reports annual results by business segment, with capital finance declining but energy infrastructure growing.
Six growing trends in corporate sustainability 2013Jaime Sakakibara
Earlier this month Ernst & Young and GreenBiz Group released a new study, entitled ‘2013 Six Growing Trends in Corporate Sustainability.’ Based primarily on a survey of the GreenBiz Intelligence Panel of executives and thought leaders engaged in sustainability, this study reveals that “companies are increasingly connecting the dots between risk management and sustainability by making sustainability issues more prominent on corporate agendas.”
CDP Global Supply Chain Report 2014: Collaborative Action on Climate RiskSustainable Brands
For the 2014 report, 2868 companies--representing 14% of global industrial emissions--reported carbon data. The findings show that despite 75% of companies identifying current or future risk from climate change, investment in emissions reductions dropped 22% from the previous year and these investments are focusing more on short term returns.
The report revealed that companies that collaborate with supply chain stakeholders are 2x more likely to realize financial return from investments in emissions reductions.
The report also shows the importance of employee engagement. Companies that involve more than 4 functions in supply chain sustainability were 2x more likely to realize emission reductions and 4x more likely to generate monetary savings.
1) GE serves many industrial customers by providing electrical equipment and services. It has been successful due to its focus on understanding organizational buying processes and developing strong relationships with business customers.
2) GE's marketing campaigns such as "Imagination at Work" have helped communicate its focus on innovation and new technologies to its business audiences. However, its continued success relies on understanding customer needs in different industries.
The dream of a sustainable energy future is closer
to reality than ever before. Declines in renewable
energy costs, new efficiency strategies, and advanced
technologies such as distributed energy resources
and storage, are giving companies around the globe
an opportunity to embrace a sustainable future
based on a low-carbon, hyper-efficient economy.
EY presented at the 22 World Petroleum Congress, focusing on the impact of the lower oil price on LNG megaprojects, the opportunities and challenges to adopt new practices to make megaprojects more cost effective.
SustainAbility launched a tool to help companies improve transparency in their sustainability reporting.
The report notes that in order for transparency to instigate change, companies must increase their efforts on three transparency elements: materiality, valuation of externalities and integration.
The document discusses trends in climate change data reported by S&P 500 companies to CDP (the Carbon Disclosure Project) since 2003. It finds that S&P 500 industry leaders on climate change management generate superior profitability, with 18% higher return on equity than low-scoring peers and 67% higher than non-responders. Industry leaders also enjoy more stable earnings, with 50% lower volatility over the past decade compared to low-scoring peers. Additionally, industry leaders grow dividends to shareholders 21% stronger than low-scoring peers and exhibit attractive value attributes. The bar for admission to CDP's Climate Disclosure Leadership Index, which recognizes the top 10% of reporters, has risen considerably over the past 7 years
Energy & Sustainability Goal-Setting: A Guide To 7 Top Third Party StandardsLeon Pulman
Recent research finds that organizations have more success on energy and sustainability initiatives when they set public goals. But with so many options available, how do you determine which goals will drive the greatest value for your organization? And against what criteria should you assess them?
Our goals primer eBook summarizes the top global, third-party benchmarking standards and recommends how to choose the right one to accelerate your energy and sustainability ambitions.
Our white paper highlights the commercial returns that can be achieved by investing in the latest energy management skills.
The position of Energy Manager is evolving into someone who is comfortable in the board room as well as the boiler room, with technical and commercial knowledge – and the increasing ability to impact on margins and revenues.
Commentary from high-profile industry experts from BT, Marks and Spencer, Siemens and Johnson Controls.
The paper looks at how companies in a stagnant economy are increasingly turning to energy efficiency as a way to increase profit – impacting the scope and function of their energy teams.
This document discusses how some global consumer goods companies and retailers are finding that transitioning to renewable energy sources is both good for the environment and profitable. It provides examples of companies like Interface that significantly reduced costs and increased profits by adopting green strategies. The document outlines different approaches companies take to meet sustainability goals and argues that energy efficiency initiatives and renewable energy projects can have positive environmental, economic, and social impacts if combined effectively. It also analyzes factors like energy prices, technologies, incentives, capital costs, and maintenance that determine the financial feasibility and profitability of renewable energy projects.
Investors can use this guide to: Decide whether energy productivity is a material issue for any portfolio companies; Prioritise and shortlist sectors or companies for engagement on energy issues; Access supporting information (including industry
examples) for engagement or discussions with companies; Support improved financial returns for portfolio companies through pursuing opportunities for their energy productivity improvement
The document discusses accelerating the adoption of solar energy in the United States to reduce reliance on natural gas for electricity generation. It argues that solar photovoltaics have the potential to significantly displace natural gas if costs can be reduced through manufacturing improvements, economies of scale, and limited public subsidies over 10 years. With the right policies and market conditions, solar could achieve cost parity with retail electricity and create many local jobs in manufacturing and installation. Political will is needed to pass mandates and use public benefits to justify initial cost reductions that drive the solar industry to self-sufficiency.
Regenerating this generation’s view of oil and gasEY
To better understand the differences between reality and perception around oil and gas, EY conducted a nationwide poll of more than 1,200 consumers and 100 industry executives in the US. In part, the study looked at how consumer views of oil and gas – across several generations – impacts their interest in working in the oil and gas industry.
The report captures Black & Veatch's global engineering and thought leadership to examine how distributed electric generation, the low price of natural gas and modern customer information systems represent growth opportunities for the electric industry--even as security concerns are on the rise and legacy power generation sources (i.e. coal powered plants) are fading away, being replaced by new natgas technology.
The document discusses a scenario where political will accelerates a dramatic shift in the global energy mix away from petroleum towards hydrogen fuel cell vehicles. This would require massive investments in hydrogen production infrastructure and fuel cell technology to bring costs down and make the scenario viable. The biggest risks and barriers are the ability to reduce fuel cell and hydrogen costs at scale, as well as generating sufficient political will through public-private cooperation and incentives on the scale of other major programs.
Corporate Use of Carbon Prices: Commentary from corporations, investors and t...Sustainable Brands
This report is a follow-up to CDP's previous study on how companies are using internal carbon prices as a strategic tool in business planning. This continuation aims to answer some of the questions generated from the previous piece including: why are companies using a carbon price?, how are prices calculated?, do carbon prices drive strategy and investment?, what are the implications for investors, companies, and policymakers?
This document provides an overview of FedEx's 2016 Global Citizenship Report. It begins with an introduction from the Chairman discussing FedEx's vision of connecting the world responsibly and its $200 million investment in communities by 2020. It then summarizes sections on the economy, environment, and people pillars. For the economy section, it highlights stories about how FedEx is empowering entrepreneurs in Africa through solar-powered schools and supporting Schneider Electric's work to expand access to clean energy globally. It discusses trends shaping markets and how FedEx's strategy supports customer and community growth. In 3 sentences or less, this document summarizes key points about FedEx's business, financial highlights, and citizenship approach.
General Electric GE - Analyzing Business Markets - Presentation by Ishan Darw...Ishan Darwhekar
This Ignite presentation thoroughly analyzes the Marketing strategies employed by General Electric GE in its strategic move from B2C and B2B to only B2B company. The innovations in technology and marketing by GE are a benchmark for other industries. GE is truly a pioneer in the field of engineering and is the "World's most respected companies".
General Electric - Strategic Audit AssignmentTim Enalls
This document provides a strategic audit of General Electric (GE) and its eight business units. It discusses GE's current situation, including financial performance, strategies, and policies. GE achieved growth in profits, cash flows, and shareholder returns in 2012. The company aims to be an infrastructure leader and invest in areas like oil & gas, healthcare, and software. GE also emphasizes social responsibility, ethical practices, and compliance with regulations. The board of directors provides oversight and receives regular briefings on key issues.
General Electric conducted a SWOT analysis to evaluate its strategic position. It has strengths in its partnerships with governments and infrastructure programs, but also weaknesses like higher prices. Opportunities include expanding into emerging markets, while threats include rising costs and increased regulation. A comparison with competitors like Siemens showed GE has a larger market cap and revenue. GE aims to address climate change through initiatives to reduce emissions and increase energy efficiency across its operations. It reports annual results by business segment, with capital finance declining but energy infrastructure growing.
Six growing trends in corporate sustainability 2013Jaime Sakakibara
Earlier this month Ernst & Young and GreenBiz Group released a new study, entitled ‘2013 Six Growing Trends in Corporate Sustainability.’ Based primarily on a survey of the GreenBiz Intelligence Panel of executives and thought leaders engaged in sustainability, this study reveals that “companies are increasingly connecting the dots between risk management and sustainability by making sustainability issues more prominent on corporate agendas.”
CDP Global Supply Chain Report 2014: Collaborative Action on Climate RiskSustainable Brands
For the 2014 report, 2868 companies--representing 14% of global industrial emissions--reported carbon data. The findings show that despite 75% of companies identifying current or future risk from climate change, investment in emissions reductions dropped 22% from the previous year and these investments are focusing more on short term returns.
The report revealed that companies that collaborate with supply chain stakeholders are 2x more likely to realize financial return from investments in emissions reductions.
The report also shows the importance of employee engagement. Companies that involve more than 4 functions in supply chain sustainability were 2x more likely to realize emission reductions and 4x more likely to generate monetary savings.
1) GE serves many industrial customers by providing electrical equipment and services. It has been successful due to its focus on understanding organizational buying processes and developing strong relationships with business customers.
2) GE's marketing campaigns such as "Imagination at Work" have helped communicate its focus on innovation and new technologies to its business audiences. However, its continued success relies on understanding customer needs in different industries.
The dream of a sustainable energy future is closer
to reality than ever before. Declines in renewable
energy costs, new efficiency strategies, and advanced
technologies such as distributed energy resources
and storage, are giving companies around the globe
an opportunity to embrace a sustainable future
based on a low-carbon, hyper-efficient economy.
EY presented at the 22 World Petroleum Congress, focusing on the impact of the lower oil price on LNG megaprojects, the opportunities and challenges to adopt new practices to make megaprojects more cost effective.
SustainAbility launched a tool to help companies improve transparency in their sustainability reporting.
The report notes that in order for transparency to instigate change, companies must increase their efforts on three transparency elements: materiality, valuation of externalities and integration.
The document discusses trends in climate change data reported by S&P 500 companies to CDP (the Carbon Disclosure Project) since 2003. It finds that S&P 500 industry leaders on climate change management generate superior profitability, with 18% higher return on equity than low-scoring peers and 67% higher than non-responders. Industry leaders also enjoy more stable earnings, with 50% lower volatility over the past decade compared to low-scoring peers. Additionally, industry leaders grow dividends to shareholders 21% stronger than low-scoring peers and exhibit attractive value attributes. The bar for admission to CDP's Climate Disclosure Leadership Index, which recognizes the top 10% of reporters, has risen considerably over the past 7 years
Energy & Sustainability Goal-Setting: A Guide To 7 Top Third Party StandardsLeon Pulman
Recent research finds that organizations have more success on energy and sustainability initiatives when they set public goals. But with so many options available, how do you determine which goals will drive the greatest value for your organization? And against what criteria should you assess them?
Our goals primer eBook summarizes the top global, third-party benchmarking standards and recommends how to choose the right one to accelerate your energy and sustainability ambitions.
Our white paper highlights the commercial returns that can be achieved by investing in the latest energy management skills.
The position of Energy Manager is evolving into someone who is comfortable in the board room as well as the boiler room, with technical and commercial knowledge – and the increasing ability to impact on margins and revenues.
Commentary from high-profile industry experts from BT, Marks and Spencer, Siemens and Johnson Controls.
The paper looks at how companies in a stagnant economy are increasingly turning to energy efficiency as a way to increase profit – impacting the scope and function of their energy teams.
This document discusses how some global consumer goods companies and retailers are finding that transitioning to renewable energy sources is both good for the environment and profitable. It provides examples of companies like Interface that significantly reduced costs and increased profits by adopting green strategies. The document outlines different approaches companies take to meet sustainability goals and argues that energy efficiency initiatives and renewable energy projects can have positive environmental, economic, and social impacts if combined effectively. It also analyzes factors like energy prices, technologies, incentives, capital costs, and maintenance that determine the financial feasibility and profitability of renewable energy projects.
Investors can use this guide to: Decide whether energy productivity is a material issue for any portfolio companies; Prioritise and shortlist sectors or companies for engagement on energy issues; Access supporting information (including industry
examples) for engagement or discussions with companies; Support improved financial returns for portfolio companies through pursuing opportunities for their energy productivity improvement
The document discusses how energy has become a strategic issue for businesses and an area that requires a unified strategy approach from senior executives. It outlines how factors such as new technologies, transparency demands, climate change concerns, and demographic shifts are putting pressure on companies to proactively manage their energy use and carbon emissions. However, most companies currently lack the resources and expertise to develop an effective energy strategy. The document introduces a unified approach to energy transformation that can help companies capitalize on energy opportunities and position themselves to thrive in a changing environment.
Imtech ICT provides energy assessment services to help businesses develop carbon management plans and reduce energy costs. The assessment involves an online survey, report on areas for improvement, and consultation to establish goals. Key areas for improvement include energy consumption, workplace culture, customer/shareholder impact, travel policies and more. Imtech can help clients achieve smarter energy solutions and a more sustainable future through their expertise in electrical, ICT and mechanical services.
Goldcorp is focusing on reducing energy costs, which currently account for 20% of operating costs. The company has established an energy management program to better understand energy demand and supply at both the corporate and site levels. While Goldcorp's operations have traditionally relied on grid-connected power, the company is exploring renewable energy options like wind and solar as many regions have reached grid parity. Goldcorp evaluates all sites annually for potential new energy solutions and uses a global investment framework to approve projects, with small-to-mid sized projects approved by leadership and large projects requiring board approval.
Veredus Energy, Manufacturing and Infrastructure. UK Energy conference 2014Marghaid Howie
Our clients trust us to deliver on one of their most important
investment decisions - their leadership.
Our industry knowledge, functional expertise and
extensive networks ensure that our clients can trust us
to deliver on one of their most important investment
decisions – their leadership, both on a permanent and
interim basis.
ENERGY IN BUILDINGs 50 BEST PRACTICE INITIATIVESJosh Develop
Technology, economics and policy are rapidly transforming energy markets
and the broader economy. Global efforts to reduce emissions of greenhouse
gases are leading to increased focus on policies that can reduce energy use
or promote low emissions generation.
Australia’s economy-wide target under the United Nations Framework
Convention on Climate Change is to reduce emissions by 26-28 per cent
on 2005 levels by 2030. By the second half of the century, achieving net zero
emissions is likely to be necessary to meet international climate commitments.
The cost of producing electricity from renewable resources has declined
significantly over recent years and remains on a rapid downward trajectory.
This report provides guidance to local authorities in Yorkshire and Humber on establishing frameworks to develop and own low carbon energy initiatives. It examines the practicality of using special purpose vehicles, joint ventures, and energy service companies to deliver low carbon projects. Case studies and work by Future Energy Yorkshire and a steering group informed the development of a potential local authority framework. The framework suggests local authorities establish a strategic body and use special purpose vehicles and joint ventures with private sector partners to implement projects while maintaining ownership and control.
Joining Forces - the case for collaborationAlex Lankester
This document discusses the benefits of collaboration between businesses in achieving sustainability goals. It argues that tackling sustainability challenges requires coordinated collective action across supply chains. Working collaboratively through fully-linked information sharing can help businesses save money by reducing impacts and risks, and innovating and growing. Examples show energy efficiency collaborations generating estimated savings of hundreds of millions of euros for food suppliers. Collaboration supports identifying and implementing initiatives like LED lighting and refrigeration upgrades. Case studies demonstrate individual companies achieving energy and cost savings by learning from others' experiences through collaborative platforms.
Leaders in oil and gas reinvention are taking decisive, holistic actions across five key areas (competitiveness, carbon, connectivity, customer, and culture) to reinvent their businesses. They are balancing investments in hydrocarbons with growing a low-carbon portfolio. Leaders are also focusing on total enterprise reinvention, setting reasonable expectations, and strengthening capabilities. In carbon, leaders are setting ambitious emission reduction targets and meaningfully investing in decarbonization. They are also integrating multiple solutions to accelerate decarbonization progress. Leaders prioritize digital connectivity, customer experiences, and culture change led from the top to build capabilities for the future.
The document discusses the UK government's new Energy Savings Opportunity Scheme (ESOS) which requires large businesses to conduct energy audits to identify savings opportunities. ESOS could save businesses £2.8 billion per year if they act on audit recommendations. Edison Energy helps organizations implement energy efficiency and renewable energy projects. They offer various financing models for solar PV installations and have already installed over 8,500 solar panels generating over £500,000 annual revenue for clients. Edison Energy encourages organizations affected by ESOS to take action on energy use through their solutions and services.
The days of a procurement officer working alone to sign long-term energy contracts are drawing to a close. Same with an operations manager deciding to pursue an LED lighting retrofit. Or a sustainability director who enters into a PPA with a wind developer.
And it’s not because there’s no value in these pursuits. They each have immense worth. But they can be so much more transformative when they are managed as a cohesive strategy.
EE INDUSTRY-HOW GLOBAL BUSINESS SERVICES VENDORS CAN PLAY A PART TO ENHANCE I...ZAINI ABDUL WAHAB
This document discusses energy efficiency in the industry and how global business services vendors can contribute. It outlines that energy service companies (ESCOs) can implement high-impact energy efficiency projects through energy performance contracting models. Case studies and key success factors are presented, such as having strong policy and regulatory frameworks, sustainable financing mechanisms, and building competency in energy management. Barriers to developing the energy services industry like lack of awareness and skills are discussed alongside recommendations to provide the necessary supports and infrastructure to help the industry grow in order to create jobs and economic opportunities while enhancing sustainability.
The document discusses the concept of energy productivity and argues that it is a better framework than energy efficiency for policymakers. Energy productivity focuses on obtaining greater economic output from each unit of energy consumed. It helps align environmental and economic development goals. While energy efficiency has improved greatly over decades, significant potential remains to be tapped through overcoming information barriers and other market failures. Tracking and improving energy productivity can set targets to meet energy, economic and environmental objectives.
This document is a project report on ratio analysis for Genting Lanco Power Ltd from 2012. It includes an introduction to the power industry and electricity sector in India. There has been significant growth in installed power capacity since independence but demand still outstrips supply. The document discusses various power sources including hydropower, mini hydel plants, and thermal power which is now the largest source but progress has been slowed. It aims to analyze Genting Lanco's financial ratios to evaluate performance.
'Leadership & Change for Energy Efficiency in Accounting & Management' to CIM...Paul Brown
This document provides an overview of a seminar on leadership and change for energy efficiency in accounting and management. It discusses the business context for energy efficiency, including rising energy costs, carbon pricing, and compliance with legislation. A case study of energy efficiency efforts at The GPT Group is presented. The role of management accountants in identifying cost-effective energy efficiency opportunities and establishing an organizational energy baseline is also discussed.
Homes built today are 30% more energy efficient than a decade ago. However, many older homes have not been upgraded, representing an opportunity for contractors to perform energy audits. Energy audits assess a building's energy usage and propose solutions to reduce costs and consumption. While homeowners are interested in savings, the environmental benefits also appeal to younger, environmentally-minded homeowners. Performing commercial energy audits can help businesses significantly cut lighting costs. With government incentives and an emphasis on sustainability, the energy auditing industry represents an growing business opportunity for contractors.
Zodiac Signs and Food Preferences_ What Your Sign Says About Your Tastemy Pandit
Know what your zodiac sign says about your taste in food! Explore how the 12 zodiac signs influence your culinary preferences with insights from MyPandit. Dive into astrology and flavors!
Garments ERP Software in Bangladesh _ Pridesys IT Ltd.pdfPridesys IT Ltd.
Pridesys Garments ERP is one of the leading ERP solution provider, especially for Garments industries which is integrated with
different modules that cover all the aspects of your Garments Business. This solution supports multi-currency and multi-location
based operations. It aims at keeping track of all the activities including receiving an order from buyer, costing of order, resource
planning, procurement of raw materials, production management, inventory management, import-export process, order
reconciliation process etc. It’s also integrated with other modules of Pridesys ERP including finance, accounts, HR, supply-chain etc.
With this automated solution you can easily track your business activities and entire operations of your garments manufacturing
proces
Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...my Pandit
Explore the fascinating world of the Gemini Zodiac Sign. Discover the unique personality traits, key dates, and horoscope insights of Gemini individuals. Learn how their sociable, communicative nature and boundless curiosity make them the dynamic explorers of the zodiac. Dive into the duality of the Gemini sign and understand their intellectual and adventurous spirit.
Industrial Tech SW: Category Renewal and CreationChristian Dahlen
Every industrial revolution has created a new set of categories and a new set of players.
Multiple new technologies have emerged, but Samsara and C3.ai are only two companies which have gone public so far.
Manufacturing startups constitute the largest pipeline share of unicorns and IPO candidates in the SF Bay Area, and software startups dominate in Germany.
The Steadfast and Reliable Bull: Taurus Zodiac Signmy Pandit
Explore the steadfast and reliable nature of the Taurus Zodiac Sign. Discover the personality traits, key dates, and horoscope insights that define the determined and practical Taurus, and learn how their grounded nature makes them the anchor of the zodiac.
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The Evolution of the Energy Manager: From Boiler Room to Board Room
1. The Evolution of the Energy Manager
From Boiler Room to Board Room
White Paper
February 2012
2. 2 | The Evolution of the Energy Manager: from Boiler Room to Board Room | Acre Resources | February 2012
Acre is a recruitment and executive search firm that specialises in people
who build better and more sustainable organisations. Since 2003, we
have built our reputation in the energy, sustainability, environmental and
corporate responsibility functions and increasingly work in the ancillary
functions including strategy, supply chain and communications.
Acre:
• Has placed over 900 candidates in the sustainability arena
• Has placed candidates at 38% of the current FTSE100
• Leads the organic Google rankings for sustainable jobs search terms
• Was rated the most recognised recruitment firm in an independent
survey (Green Monday, October 2010)
Contact us:
Olivia Anderson:
olivia@acre-resources.com
+ 44 (0) 20 7400 5586
www.acre-resources.com
2nd Floor, Chancery Station House, 33 High Holborn, London, WC1V 6AX.
3. The Evolution of the Energy Manager: from Boiler Room to Board Room | Acre Resources | February 2012 | 3
The drivers of change 5
Internal skills vs. 3rd parties? 6
From manager to strategist 6
Conscience as an accelerant 7
The energy skill set 8
Where the skills come from 9
The reporting line 9
Team structures 9
BT’s roles and responsibilities 10
BT case study 11
How big an opportunity? 12
Energy function to CEO? 12
Conclusion 12
About the contributors 13
Contents
4. 4 | The Evolution of the Energy Manager: from Boiler Room to Board Room | Acre Resources | February 2012
Introduction
The role of the Energy Manager is
undergoing profound change. Over
the past 20 years we have witnessed
the emergence of a new breed;
someone who is comfortable in the
board room as well as the boiler
room. And he - or increasingly she - is
starting to have a material impact on
margins and revenues.
This report draws on the views and experience
of four leading figures in corporate energy
management (see the table opposite and
biographies on page 13). Together, they
demonstrate that the introduction of energy
expertise will typically result in new business
models, attractive investment programmes and in
some cases new revenue streams. It is an exciting
time to be in energy management.
We expect energy management to rise further
up the corporate agenda in 2012. With the UK
economy looking stagnant at best, management
teams are increasingly turning to efficiency as
a way to increase profit. And with oil prices
showing little sign of abating from recent high
levels, the investment returns should remain
attractive.
Recent analysis of the Carbon Reduction
Commitment (CRC) league table suggests that
40% of the reporting companies are yet to take
any steps to improve their energy efficiency1
. This
indicates the high level of opportunity that is yet
to be taken by the broad corporate community,
as well as the risks that are not being addressed.
We hope this report gives confidence to those
who are hiring energy teams as they build more
successful and sustainable businesses.
Thank you to our expert contributors for their
input.
Jim Woods
Non-Executive
Director
Acre Resources
Contributors:
• Mervyn Bowden – Head of Energy
Management, Marks & Spencer*
• Richard Tarboton – Director of Energy and
Carbon, BT
• Stephen Barker – Head of Energy Efficiency,
Siemens Industry Sector UK
• Trevor Seddon – Director of Energy Consulting,
Johnson Controls
Written by Jim Woods, Non-Executive Director at
Acre Resources
Cover illustration by David Lewis,
davidlewiscartoons.com
* Some of Mervyn Bowden’s contributions were taken from his book
‘Preparing the Company Energy and Carbon Plan’ (November 2010).
Andrew Cartland
Managing Director
Acre Resources
5. The Evolution of the Energy Manager: from Boiler Room to Board Room | Acre Resources | February 2012 | 5
The drivers of change
What factors are driving energy up the corporate
agenda? Our contributors identify two main
drivers: the emergence of climate change as
a business issue and rising energy prices. Low
margin, energy intensive sectors need to respond
to rising energy costs, whilst sectors with high
reputation capital may be more driven by the
climate change agenda.
The impact of rising energy prices
According to government figures, the price that
UK companies paid for their energy rose by an
average 12.2% per annum between 2002 and
20102
. This has been a significant business issue
for the manufacturing and food processing
sectors, where energy costs can account for more
than 10% of pre-tax profit.
All of our contributors expect energy prices to
continue to rise in the medium term, a view
supported by Peter Voser, CEO of Royal Dutch
Shell. He told the Financial Times in September
2011 that “rising energy prices are here for the
long term... get used to that.”3.
The impact of sustainability
For the banking sector, reputational risk has
a bigger impact on energy management
programmes. Energy costs are insignificant
when compared with their profitability, but the
Barclays’ CEO stated in November 2011, that they
need to be seen as “better citizens”4
.
Awareness of positions in the Dow Jones
Sustainability Index can generate ambitious
carbon reduction targets.
The CRC energy efficiency scheme and the EU
Emissions Trading Scheme have added to the
weight of sustainability as a driver. By adding a
carbon price to the high carbon UK grid, it has
effectively become an energy tax.
Energy is increasingly regarded as the core area or
even the “cash cow” of sustainability strategies.
Compared to other sustainability initiatives,
energy reduction combines the best commercial
returns with the most tangible benefits.
“We expect energy prices to rise in
the coming years due to supply side
issues such as nuclear withdrawal,
increased renewable generation
and less coal fired power stations.”
Trevor Seddon
“Change has felt slow, but when you
take a step back it is quite profound.
5 years ago there was a spike in
energy prices, and people started
to talk about demand management.
The CRC, EU ETS and CCAs -
coupled with the increasing
awareness of reputational issues -
have since all added to the business
case.”
Stephen Barker
“M&S knew a lot about how we
used and paid for energy across our
diverse estate of stores, warehouses
and offices. Energy efficiency has
always been a company priority.
What we hadn’t done was join this
with all the additional benefits of
carbon savings, and the positive
environmental message to
customers and employees. An
energy plan forms the foundations
on which to build a credible
corporate sustainability strategy.”
Mervyn Bowden
6. 6 | The Evolution of the Energy Manager: from Boiler Room to Board Room | Acre Resources | February 2012
Internal skills vs. 3rd parties?
Once an organisation has identified the need to
change, one of its first strategic decisions is what
skills to hire internally, versus what to outsource
to consultants and other providers. There is a
fast developing market for advice and financing,
including Energy Performance Contracts (EPCs)
and Energy Service Companies (ESCOs).
Companies with the greatest risks or opportunities
tend to favour building internal teams. They can
leverage their expertise to reduce their margins,
change their business models, and may also
generate revenue opportunities (see the BT case
study on page 11).
Organisations where energy or carbon reduction
is less “core” to their business may achieve better
results through leveraging the expertise of third
parties. They may hire an internal expert to
determine the opportunities and to manage small
internal teams and third party contractors. This
practice is particularly adopted by the financial
sector.
From manager to strategist
Energy management has traditionally been a
narrow role based on procurement, equipment
and technical knowledge. The increasingly
commoditised nature of energy procurement
contracts in the past decade has limited both the
skills requirement and the organisational impact
of the role.
The introduction of demand management
has created a need for a broader and more
sophisticated skill set. Team leaders are now
expected to impact the way the company
operates, moving the emphasis from the technical
to the strategic.
We asked our contributors what they regard as
the skills needed in a modern energy team, and
we map their responses on page 8. It is not the
expectation that all these skills will be held by any
one person, but be held collectively through a
hierarchical team structure. The BT team map on
page 10 gives an example of such a structure.
The four key skills areas of leadership, finance,
communication and technical are discussed on the
next page.
“There has been a trend towards
outsourcing, especially for project
management. I don’t see that
reversing – as energy becomes more
complex, those that see energy as
a non-core business activity will
still want greater efficiency.”
Trevor Seddon
“The days of the traditional energy
manager are fast disappearing.
These days you need to know your
way around a boiler room, but
will rarely work in a boiler room.
It is increasingly a desk-based role
where saving money is not enough
- you need to have a package of
skills.”
Trevor Seddon
“BT is now in a position where all
of its strategic energy capabilities
are in-house. We use consultants a
lot less than at the beginning – we
tend now to retain consultants more
for technical work.”
Richard Tarboton
7. The Evolution of the Energy Manager: from Boiler Room to Board Room | Acre Resources | February 2012 | 7
• Leadership – To be successful, the energy role
needs to be integrated with - and related to
- the company’s core business strategy. The
energy leader will need to build a programme
that includes easy wins and long term
objectives. This includes significant components
of a change management programme.
• Financial – The shift to demand management
creates a need for new financial skills. Invoicing
and forward contracts remain part of the
remit, but there is now a greater emphasis
on assessing and managing an investment
programme. Some of the most valuable
innovation in energy strategy has been around
analytical tools. Energy strategists now need to
build Marginal Abatement Cost Curves (MACC),
calculate ‘whole life costing’, and establish a
‘spend to save principle’.
• Communication – Strong communication skills
have become important to the energy role,
something that has not traditionally been
the case. He or she needs to communicate
with many internal groups, from the Board
to the procurement function. An inability to
communicate can cause a good programme to
fail.
• Technical – Most of the initiatives in a reduction
programme are technology-based. This
necessitates an understanding of the emerging
efficiency technologies around lighting, heating
and transport - as well as renewable energy.
In 2010 the Energy Institute introduced a
Chartered Energy Manager grade, reflecting the
increasingly unique skills of the energy role. One
of our contributors noted that some of their
recent research indicates that only 5% of energy
managers have any formal energy qualifications,
which emphasises the development of the role
that is still to come.
Conscience as an accelerant
We discuss the skills required by modern energy
managers overleaf, but it is worth noting that
many of the most effective energy strategists have
more than a passing interest in sustainability. All
of the contributors to this paper have a societal
interest in climate change.
A concern about climate change can be a positive
and a negative. It can add a level of determination
to the role, but it can also be associated with
having an agenda that at times may be at odds
with commercial decision-making.
“There isn’t necessarily any conflict
between a personal desire to make
a business model sustainable and
effective commercial decision-
making. If you can use the drive
of the former to identify the
opportunities, then it’s a win-win”.
Richard Tarboton
“The BT Operate CFO says the
energy team is the best at
presenting business cases in the
Group. That’s been critical to
securing the investment capital we
need.”
Richard Tarboton
“Data management and reporting is
becoming a much bigger part of the
role. It is also a much softer skills
set - you now need to understand
issues such as social responsibility.”
Trevor Seddon
8. 8 | The Evolution of the Energy Manager: from Boiler Room to Board Room | Acre Resources | February 2012
“The modern energy manager needs to
have wide commercial experience, with
a full range of management skills to cope
with a demanding role. A role which
includes large budgets, managing risk,
a need to influence others to achieve
your aims, programme management and
people management - to name but a few.”
Mervyn Bowden
The energy skill set
Financial
Key
Technical
Communication
Leadership
The energy
skill set
Project management
Standards
Financial
Data management
Efficiency technologies
Gen. technologies
Internal engagement
Marketing
Collaboration
New markets
Innovation
Management
Strategy
Regulation
When to use
third party
financing
solutions
Experience in ISO
50001
Value of data, software
Heating, lighting,
vehicles, etc
Wind, solar, CHP, etc
Preparing for new
policies
Policy risk can have a
big impact on returns
Know how to motivate
people - competition
vs. co-operation
Can you sell a strategy
to the Board?
Share knowledge
between sectors,
within sectors
What are the revenue
opportunities?
When should you take
innovative risk?
Delegation
Stakeholder
management
Appointing and
managing consultants
Appraisal tools:
MACCs,‘whole life
costing’, NPVs
and scenario
analysis.
9. The Evolution of the Energy Manager: from Boiler Room to Board Room | Acre Resources | February 2012 | 9
Where the skills come from
As with any new role, the supply of energy
professionals is restricted and many employers
look for transferrable skills from other functions or
more developed markets outside the UK.
Effective energy team leaders can come from
other internal positions with management
and communications skills. As in any change
management role, the ability to influence the
organisation quickly is at a premium and transfers
from other functions can be effective.
Many successful leaders of the energy team come
from a strategy background. Richard Tarboton has
a background in strategy and management, with
an MBA from Cranfield Business School.
Richard expanded his team by adding business
and data management skills to the existing
technical skills. The Head of Energy Programmes
came from Mercedes Benz in Germany, one of
the most developed energy management markets
globally.
Trevor Seddon’s background in broadcasting
and utility metering gave him transferrable
management and technical skills. Since moving
to Johnson Controls in 2007, he has built out an
EMEA team of over 100 people.
The reporting line
There is no universal solution for how the energy
function reports into an organisational structure.
Larger teams may report into an Energy Director
on the main Board, whilst others report into
functions such as property, procurement or
finance. A growing number of companies are
reporting energy through the sustainability
function.
Richard Tarboton’s reporting structure has
changed since he joined BT, but energy has
consistently reported into the operational
functions. In addition to the 28-person Energy and
Carbon team, Richard has a direct email dialogue
with a further 200 people at BT.
Team structures
BT has one of the most developed contemporary
energy team structures - and with an energy
spend of around £200m per annum, it has one of
the larger teams in the UK. We are grateful to BT
for sharing the structure overleaf.
BT’s energy team divides into 5 lines that report
into the Director. Two reflect the main operational
areas that the team covers (networks and data
centres, and BT Estate), and two cover the
main areas of investment (smart meters and
renewables). The final area is strategy.
“There is a need for everyone in
the organisation to be involved
in some way, or at least to be
aware of how they personally can
contribute to their organisation’s
energy efficiency. It needs to
start at the top, with the CEO or
Director responsible sponsoring
and supporting the individual who
is producing the long term plan.”
Mervyn Bowden
10. 10 | The Evolution of the Energy Manager: from Boiler Room to Board Room | Acre Resources | February 2012
BT’s roles and responsibilities
CRC, EU ETS
ISO 14001/ 9001
Sustainability
Report
Smart Systems
Processes
Metering
Data Quality
Tenants
Electricity Supply
Self GenerationBT Estate
Sponsor
Programmes
Equipment
Replacement
Smart Control
Engagement
Networks
Data Centre
Sponsor
Programmes
Equipment
Replacement
Smart Control
Energy Saving
Programme
Reporting
DC Papers
Capex Horizontal
Unit Opex
Propositions
Director of
Energy Carbon
Energy
Carbon
Strategy
Manager
Head of Energy
Programmes -
Network Data
Centre
Head of Energy
Programmes - BT
Estate
Engagement
Head of Smart
Energy Supply
Head of
Renewable
Energy
Energy
PMO
Manager
Senior
Energy
Manager
- Data
Centres
Energy
Control
Manager
Senior
Energy
Manager
- Networks
Energy
Data
Compliance
Smart
Energy
Systems
Manager
Energy
Risk
Supply
Manager
Senior
Demand
Response
Manager
Energy
Engagement
Manager
Energy
Control
Manager
Senior
Energy
Manager
- Estates
Senior
Project
Manager
- Wind
Project
Manager
- Onsite
Generation
Energy
Control
Specialist
Energy
Control
Analyst
Energy
Metering
Manager
Energy
Control
Specialist
Demand
Response
Manager
Project
Manager
- Wind
CHP
Project
Manager
Project
Manager
- Solar
11. The Evolution of the Energy Manager: from Boiler Room to Board Room | Acre Resources | February 2012 | 11
BT case study
BT illustrates what can be achieved by an
integrated energy team. Over the first two years
of the programme, BT delivered £35m gross
energy reduction, primarily through smart control
(£13m), equipment replacement (£10m) and
rationalisation programmes (£12m).
The impact can be seen visually in the chart
opposite. Energy consumption, which was rising
by 3% per annum prior to 08/09, has fallen by 6%
over the last two years despite a growth in the
network roll-out and revenues increasing by 9%.
In 2011/12, Richard Tarboton expects BT to reduce
its energy consumption by a further 3%.
Since hiring a Director for Energy and Carbon in
2008, the annual capex budget has increased from
£500k to £15m in 2010/11, delivered by a team of
28 people.
Key ingredients of success
Richard attributes the success of his team to the
following:
1. Presenting the business case. Using MACCs,
they got the Board’s attention by estimating
that BT could save £60m in 5-10 years. It is on
track to meet or exceed this forecast.
2. Communicating with all of the stakeholders,
particularly those in senior positions, to
motivate the organisation to engage in the
changes.
3. Monitoring and measuring progress. BT has
already invested 22,000 smart meters across its
6,000 sites, and is installing 120 smart building
control systems per month.
4. Effective project management. The energy
team is using Application Implementation
Methodology (AIM) to manage its 40-50
ongoing projects.
The Energy Control Centre
BT is developing an ‘Energy Control Centre’
with a matrix to monitor and optimise energy
consumption. This will enable it to compare
and remotely optimise its 6,000 sites through
dashboards and alarms. This investment will allow
BT to engage in grid balancing and offer services
to customers.
From costs to revenues
BT estimate that only 1% of companies know how
much energy they actually consumed last year,
as they lack the data collection capability. With
the knowledge that BT is generating, it will be in
a unique position to extend its Energy Control
Centre as a service to clients and create a revenue
stream.
How big is this market? BT estimates that there
is a £6bn market in the UK for third party energy
management services. With its infrastructure,
reputation and relationships, it could be in a
strong position to take market share.
BT is reluctant to put a figure on how much
revenue this could generate. But once Richard
has BT’s 6,000 sites under control, he sees other
companies inefficiencies as opportunities for BT.
And if BT is successful in this, it could generate a
substantial new revenue stream.
BT’s UK Energy Consumption
GWh/a
2,400
2,200
2,000
04/05 05/06 06/07 07/08 08/09 09/10 10/11
Heating oil Gas Electricity
12. 12 | The Evolution of the Energy Manager: from Boiler Room to Board Room | Acre Resources | February 2012
How big an opportunity?
The majority of companies who have initiated
demand production programmes have found
benefits that substantially outweigh the capital
cost and time dedicated to it.
BT saved £35m in 2 years from its programme with
investments of less than £15m per annum. MS’s
Plan A generated £70m in profit in 2010, with
energy efficiency being the biggest contributor.
The table below looks at 7 organisations that have
invested an average £22m over a 36 month period
whilst achieving average paybacks of 2.4 years.
The CRC energy efficiency league, released
in November 2011, indicated that 60% of the
2,000 organisations are actively managing their
energy consumption. But 800 organisations are
yet to invest in a significant energy management
programme. Why is that?
Our contributors speculate that the main barrier
to action is a lack of knowledge of the returns
that can be expected from a programme. Until
these organisations have hired enough internal
expertise to identify the opportunities, they may
be reluctant to act.
Energy function to CEO?
In the Acre paper ‘The Emergence of the Chief
Sustainability Officer’ (March 2011), we asked
if there will be a time when the CSO becomes
the CEO. Because of the diversity and similarly
of the skill set, we concluded that this is
entirely plausible in a sector being disrupted by
sustainability.
Could the same be said of the energy leader? Our
contributors were reluctant to imagine a time
where the energy leader becomes the CEO of a
FTSE 350-sized organisation. Some argued the
sustainability lead stood a better chance than the
energy lead.
But we wouldn’t want to discount it. If BT is
able to turn its energy management knowledge
from an efficiency tool to a significant revenue
stream, it would amount to a valuable change
management programme. And the skills behind
that success could be similar to those required by
a CEO.
Conclusion
The future for the energy team looks good. With
widespread agreement that energy prices will
rise in the long term, and with new innovations
coming into the market, most businesses can
develop attractive investment programmes. A
weakening economic environment may further
strengthen this.
We hope this document establishes the
commercial returns that can be achieved by
investing in the latest energy management skills.
And when one adds the intangible benefits around
reputation, it seems that the energy expert has
an important role in transforming the corporate
landscape in the years to come.
Financial paybacks from selected energy
efficiency programmes
Company
Investment
£m
Payback
(years)
McDonalds 10.0 2.0
Siemens 90.0 2.5
3M 43.0 1.0
Barts London NHS 1.2 1.5
Imperial Tobacco 2.5 3.1
SAP 1.4 3.5
Johnson Controls 8.1 3.1
Average 22.3 2.4
Source: The Green Monday Energy Efficiency White Paper
http://bit.ly/s2AMAZ
1
http://www.businessgreen.com/bg/news/2123445/crc-policy-blamed-800-firms-fail-energy-efficiency-action
2
Defra 2010
3
Financial Times, 21st September
4
Banks need to be better citizens, admits Barclays boss”, Guardian Newspaper 3/11/11
13. The Evolution of the Energy Manager: from Boiler Room to Board Room | Acre Resources | February 2012 | 13
About the contributors
Stephen Barker | Head of Energy Efficiency Environmental Care, Siemens plc,
Industry Sector UK
Stephen leads a team dedicated to the deployment of a ‘best practice’ approach to
energy, cost and carbon reduction.
A chartered electrical engineer with over 25 years’ postgraduate experience, Stephen
has worked in Siemens since 1990 in variety of positions including Business Manager of
Industrial Drives and Motors. He is a former chairman of an IEC standards committee and
is the current chairman of the VSD group of the UK industry association, Gambica.
Stephen is an active member of the Energy Services and Technology Association (ESTA).
Richard Tarboton | Director of Energy and Carbon, BT
Richard’s team is managing a number of projects across BT to achieve an 80% reduction
in carbon by 2016 from 1996 levels. He is also leading the BT wind project, the largest
wind power project by a company outside the energy sector.
In 2006, Richard was seconded to the UK Government to develop the Government’s
climate change strategy for local authorities. He previously worked in strategy consulting
for Arthur D Little, where he managed renewable energy projects for clients including
Shell and BG group. Richard holds an MBA from Cranfield Business School.
Mervyn Bowden | Head of Energy Management, Marks Spencer
Mervyn heads a large team of specialists who are constantly pushing the boundaries of
energy efficiency and innovation in procurement risk management and the renewable
market. He has been a key player in setting strategy as well as implementing measures to
achieve the stretch targets involved.
A Fellow of the Energy Institute, and one of the first to attain Chartered Energy Manager
status in the UK, he authored a book entitled ‘Preparing the Company Energy and Carbon
Plan’ (November 2010), focussing on MS’s successes in the energy space. He has been
a key pillar in launching the MEUC Training Academy to help raise awareness of energy
issues across the UK. He also sits on a number of customer stakeholder groups and is on
the membership panel of the Energy Institute.
Trevor Seddon | Director of Energy Consulting, Johnson Controls
Trevor manages a team of energy professionals providing global energy and carbon
reduction services to major blue chips - with clients that include Deutche Bank, DB,
Barclays Bank and Kraft. Previously, he was Head of Operations at building services
company EIC Limited and General Manager of Revenue Collection Systems at
Schlumberger. He started his career as a broadcast engineer, where he developed his
metrology and metering skills. Since then he has worked in business development and
management.
14. Acre is an international recruitment and executive search firm specialising
in the corporate responsibility, energy efficiency, carbon, environmental
and health and safety markets.
Olivia Anderson
olivia@acre-resources.com
+ (0) 20 7400 5586
www.acre-resources.com
2nd Floor, Chancery Station House, 33 High Holborn, London, WC1V 6AX.