Great potential, but money rules

Great potential, but money rules! The experiences from our various projects aimed at companies in recent years show that there is still significant potential to make energy use more efficient in this target group, with measured efficiency improvements ranging between 15 and 35 percent.

In Sweden, the rise of energy prices in the fall/winter 2022 led to a growing demand for the expertise and knowledge of the energy agencies and for participating in different support initiatives. Numerous connections were established with companies throughout the regions, revealing the influence of financial considerations on the willingness to transition. This insight is valuable for future efforts, especially when the impact of lower energy prices can lead to decreased engagement and implementation of green transition in businesses.

It is fundamental to increase businesses’ understanding that the connection to structured energy work and the optimisation of energy use in their operations creates a business opportunity, providing space for profitability.

As we transition from merely responding to high electricity prices by shutting off energy to optimising usage, the need for energy coaching in businesses remains crucial. Efforts must persist in raising awareness about structured energy work and energy efficiency. While the recent surge in electricity prices has heightened awareness, maintaining interest in energy efficiency initiatives is essential, especially as prices normalise.

Recommendations gathered from small and medium sized businesses in our area to policymakers:

• Create incentives and establish incentive systems for corporate personnel to participate in energy efficiency initiatives, aiming to enhance involvement and performance. Clear communication about savings and motivation is crucial.
• Recognise the significance of energy audits by offering support and subsidies for companies to engage experts. Emphasise the reduction of expensive energy items and encourage the shift to sustainable alternatives.
• Support companies in strategic energy management by establishing internal organisations and appointing energy managers. Provide resources and incentives to fortify internal structures.

This editorial is extracted from our publication ‘Sustainable Regions in Action‘. Discover more here!