Building a Business Case for Efficiency

"Mounting pressure to reduce operating costs, coupled with shareholder and customer desire for improved sustainability, has made energy management an increasingly important priority for large companies,” said James Potach, Senior Vice President of Energy & Sustainability Services at Schneider Electric. "However, these organizations are typically presented with services or technology solutions. And the answer for complex operations is often 'both.'”

Accordingly, Schneider Electric, the global specialist in energy management and automation, introduced Continuous Efficiency in 2016, a suite of managed services and software that combines the knowledge of Schneider Electric experts across the globe with sophisticated tools and technology. The mix of onsite and remote support, as well as software, allows companies to uncover savings opportunities, implement changes at both the site and enterprise level, and constantly refine performance.

“Companies need to develop strategies, gather and analyze data, and make tactical improvements at both the enterprise and facility level. That’s the path to maximum savings and the opportunity to reinvest for growth.”

Now, in its latest eBook, Schneider Electric has partnered with a few of its global industrial clients to exchange best practices on how to successfully develop a business case for energy and sustainability. The resulting eBook contains the main findings from these collaborations with links to real-life success stories. Essentially, there are 4 key steps savvy energy managers are taking to build an internal business case to fund programs designed to optimize energy and operational efficiency, reduce risk and maximize profitability. These steps include:

  • Securing buy-in from executives
  • Mapping baselines of your entire portfolio
  • Developing an opportunity profile and financial plan
  • Ensuring ongoing performance and savings


To learn more, download the full eBook now

 


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N.B. The information contained in this entry is provided by Schneider Electric, Energy and Sustainability Services, and does not necessarily reflect the views and opinions of the publisher.

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