Lack of funding: main barrier for energy efficiency improvements

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Courtesy of Vital Efficienci Ltd.

New Energy Efficiency Indicator survey for Europe shows companies place increasing priority on energy management, but they struggle with funding.

In a context of rising energy costs and expected government mandates on energy efficiency, executives in Europe are placing a high priority on energy management in buildings, but struggling with funding, according to a survey.

This is the conclusion of Johnson Controls’ fifth annual Energy Efficiency Indicator survey for Europe that reveals the main drivers and barriers related to energy efficiency improvements that companies and institutions in six countries are facing. The Energy Efficiency Indicator survey for Europe was produced after interviewing 857 private and public sector executives from France, Germany, Italy, Poland, Spain and the United Kingdom.

The executives said that the main factors driving energy efficiency efforts are cost savings, government discounts and energy security. Last year, apart from cost savings, the other two main influencers were...

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