Projected increase in energy efficiency spending
Johnson Controls unveils the findings from its 2018 Energy Efficiency Indicator (EEI) survey
Johnson Controls unveiled the findings from its 2018 Energy Efficiency Indicator (EEI) survey, revealing that U.S. organizations are planning to increase investments in smart building measures including building controls and building systems integration at a greater rate than more traditional energy efficiency measures.
The survey of nearly 2,000 facility and energy management executives from 20 countries found that 57 percent of organizations in the United States and 59 percent of global organizations plan to increase investment in energy efficiency in the next year.
Over the past decade, traditional energy efficiency measures – such as HVAC equipment improvements and lighting upgrades – have become table stakes for many organizations. Today, organizations identify greenhouse gas footprint reduction, energy cost savings, energy security and enhanced reputation as key drivers of investment fueling growth in green, net zero energy and resilient buildings.
Smart Buildings Driving Future Investment
Building controls improvements were cited as the most popular investment for the next 12 months among U.S. organizations, with 68 percent of respondents planning to implement this measure. Building system integration saw a 23 percent increase in respondents planning to invest in 2019 compared to 2018, the largest increase of any measure in the survey.
“Organizations are more interested than ever in leveraging energy efficiency, energy storage and distributed generation technologies to deliver smarter, safer and more sustainable
buildings,” said Clay Nesler, vice president, Global Sustainability, Johnson Controls. “U.S. organizations are especially bullish about the future impact of systems interoperability, systems integration and cybersecurity technologies, leading all other countries.”
Due to increasingly severe weather incidents around the world, the 2018 EEI results also highlight a growing global focus on resilience and energy security. One third of U.S. and global organizations (32 percent and 33 percent respectively) believe the ability to maintain critical operations during severe weather events or extended power outages is extremely important when considering future energy and building infrastructure investments. Roughly half of U.S. and global organizations (54 percent and 50 percent respectively) are extremely or very likely to have one or more facilities able to operate off the grid in the next ten years, a ten percent increase in the U.S. from last year. Globally, plans to invest in distributed energy generation, electric energy storage and on-site renewables also increased year-over-year.