Report: Companies Need to Think Beyond Renewable Energy

On the first day of DTECH, Schneider Electric released the findings of a new report that shows that while 85 percent of major corporations are thinking about reducing energy use through energy efficiency programs and more than 50 percent plan to implement renewable energy in the near future, the vast majority of the companies surveyed were not considering how to actively participate in the incredible disruption that the energy industry is undergoing, such as microgrids, energy storage, and demand response strategies.

According to the report, just 30 percent have implemented or are actively planning to use energy storage, microgrids, combined heat and power, or some mix of the technologies and only 23 percent have demand response strategies or plan to in the near term.

Schneider views this as a problem because it says that companies need to understand now how to be active participants the way that energy is consumed and generated on their premises.

Source: Renewable Energy