Takeaways from #EEGlobal Forum | (re)Emergence of #EnergyEffciency

Greetings!

My team has been working in the #EnergyEfficiency space for little over 5 years, have had the opportunity to drive some innovation in the space, promote wider use of #DataAnalytics in #EnergyEfficiency markets and also facilitate significant private sector investment around it.

Most humbling experience came earlier this month, when on behalf of my team and their work, i had the opportunity to attend the much coveted event in the #EnergyEfficiency markets, #EEGlobal Forum hosted by Alliance to Save Energy in Washington DC. First one for me and it turned out to be a memorable one!

With 400+ delegates from 30+ countries, it was an apt platform for us to be able to listen to some awesome experts, network with innovators from across the globe and also understand the emerging trends in the #EnergyEfficiency markets. Hats off to the entire ASE team for pulling off such an amazing event!

In this post i attempt to list down some of the key takeaways from the conference, especially in the context of Industrial #EnergyEfficiency. Industrial #EnergyEfficiency is seeing unprecedented traction and is set to take advantage from some of the following emerging trends:-

• Energy Productivity Improvement Targets: Companies across the globe are taking scientific targets to improve or even double Energy Productivity by 2030. That sort of provides a broader role for #EnergyEfficiency. A lot of us might just argue that there is nothing new in it, just that it allows #CXOs to be more excited about #EnergyEfficiency.

• Industry 4.0: Current trend of automation and data exchange in manufacturing allows #EnergyEfficiency to move beyond equipment’s, help address operational inefficiencies as well. That makes an interesting proposition for the industrial and manufacturing sector. As we see more private sector investments on #Digitization and #Digitalization, relevance of #EnergyEfficiency is certainly set to grow.

• Energy Transition: Long term structural changes in the Energy Systems require multiple approaches in parallel and hence allow #EnergyEfficiency to play much bigger role, something way beyond “savings”.

We must brace ourselves to see Business model innovation and wider use of emerging technologies like #IoT, #BigData & #Analytics, things that would make #EnergyEfficiency Simple, Scale-able and Sustainable!

Should you wish to know more about my experience or interact in general, please do feel free to ping me at umesh.bhutoria(at)entechventures.com

Yours Efficiently,

Umesh Bhutoria

Takeaways from #EEGlobal Forum | (re)Emergence of #EnergyEffciency

Greetings!

My team has been working in the #EnergyEfficiency space for little over 5 years, have had the opportunity to drive some innovation in the space, promote wider use of #DataAnalytics in #EnergyEfficiency markets and also facilitate significant private sector investment around it.

Most humbling experience came earlier this month, when on behalf of my team and their work, i had the opportunity to attend the much coveted event in the #EnergyEfficiency markets, #EEGlobal Forum hosted by Alliance to Save Energy in Washington DC. First one for me and it turned out to be a memorable one!

With 400+ delegates from 30+ countries, it was an apt platform for us to be able to listen to some awesome experts, network with innovators from across the globe and also understand the emerging trends in the #EnergyEfficiency markets. Hats off to the entire ASE team for pulling off such an amazing event!

In this post i attempt to list down some of the key takeaways from the conference, especially in the context of Industrial #EnergyEfficiency. Industrial #EnergyEfficiency is seeing unprecedented traction and is set to take advantage from some of the following emerging trends:-

• Energy Productivity Improvement Targets: Companies across the globe are taking scientific targets to improve or even double Energy Productivity by 2030. That sort of provides a broader role for #EnergyEfficiency. A lot of us might just argue that there is nothing new in it, just that it allows #CXOs to be more excited about #EnergyEfficiency.

• Industry 4.0: Current trend of automation and data exchange in manufacturing allows #EnergyEfficiency to move beyond equipment’s, help address operational inefficiencies as well. That makes an interesting proposition for the industrial and manufacturing sector. As we see more private sector investments on #Digitization and #Digitalization, relevance of #EnergyEfficiency is certainly set to grow.

• Energy Transition: Long term structural changes in the Energy Systems require multiple approaches in parallel and hence allow #EnergyEfficiency to play much bigger role, something way beyond “savings”.

We must brace ourselves to see Business model innovation and wider use of emerging technologies like #IoT, #BigData & #Analytics, things that would make #EnergyEfficiency Simple, Scale-able and Sustainable!

Should you wish to know more about my experience or interact in general, please do feel free to ping me at umesh.bhutoria(at)entechventures.com

Yours Efficiently,

Umesh Bhutoria

Takeaways from #EEGlobal Forum | (re)Emergence of #EnergyEffciency

Greetings!

My team has been working in the #EnergyEfficiency space for little over 5 years, have had the opportunity to drive some innovation in the space, promote wider use of #DataAnalytics in #EnergyEfficiency markets and also facilitate significant private sector investment around it.

Most humbling experience came earlier this month, when on behalf of my team and their work, i had the opportunity to attend the much coveted event in the #EnergyEfficiency markets, #EEGlobal Forum hosted by Alliance to Save Energy in Washington DC. First one for me and it turned out to be a memorable one!

With 400+ delegates from 30+ countries, it was an apt platform for us to be able to listen to some awesome experts, network with innovators from across the globe and also understand the emerging trends in the #EnergyEfficiency markets. Hats off to the entire ASE team for pulling off such an amazing event!

In this post i attempt to list down some of the key takeaways from the conference, especially in the context of Industrial #EnergyEfficiency. Industrial #EnergyEfficiency is seeing unprecedented traction and is set to take advantage from some of the following emerging trends:-

• Energy Productivity Improvement Targets: Companies across the globe are taking scientific targets to improve or even double Energy Productivity by 2030. That sort of provides a broader role for #EnergyEfficiency. A lot of us might just argue that there is nothing new in it, just that it allows #CXOs to be more excited about #EnergyEfficiency.

• Industry 4.0: Current trend of automation and data exchange in manufacturing allows #EnergyEfficiency to move beyond equipment’s, help address operational inefficiencies as well. That makes an interesting proposition for the industrial and manufacturing sector. As we see more private sector investments on #Digitization and #Digitalization, relevance of #EnergyEfficiency is certainly set to grow.

• Energy Transition: Long term structural changes in the Energy Systems require multiple approaches in parallel and hence allow #EnergyEfficiency to play much bigger role, something way beyond “savings”.

We must brace ourselves to see Business model innovation and wider use of emerging technologies like #IoT, #BigData & #Analytics, things that would make #EnergyEfficiency Simple, Scale-able and Sustainable!

Should you wish to know more about my experience or interact in general, please do feel free to ping me at umesh.bhutoria(at)entechventures.com

Yours Efficiently,

Umesh Bhutoria

Over Obsession with “Savings” will cost your organization dearly! #EnergyAnalytics #EnergyEfficiency

Over obsession with “Savings” starts to cost organisations dearly, anything that does not straight away give X% savings isn’t looked at with interest, potentially ignoring the fundamental value addition it brings in sustaining #EnergyEfficiency or #EnergyProductivity improvement.

Without doubt Savings either in the form energy consumption or cost reduction or a combination, is something that drives decision making process when it comes #EnergyEffciency investments.

To be frank we cannot blame industries entirely for it, i mean that is the way most of products, solutions around #EnergyEfficiency have been sold to them. People have spoken about #ROI, #Payback etc, seldom people talk about aspects like Performance Management, Automated M&V, Automated Reporting & Scientific Budgeting, aspects that have greater impact on organisational and cultural change when it comes to #EnergyEfficiency #EnergyProductivity management.

Some of the forward looking organisations have realized that having a myopic view on ways to improve #EnergyEfficiency #EnergyProductivity will cost them dearly in the longer run. They are looking at driving changes that have a long term vision and an integrated strategy, they are not looking at executing things in isolation. That is going to be the differentiator.

Your thoughts?

Umesh Bhutoria

Over Obsession with “Savings” will cost your organization dearly! #EnergyAnalytics #EnergyEfficiency

Over obsession with “Savings” starts to cost organisations dearly, anything that does not straight away give X% savings isn’t looked at with interest, potentially ignoring the fundamental value addition it brings in sustaining #EnergyEfficiency or #EnergyProductivity improvement.

Without doubt Savings either in the form energy consumption or cost reduction or a combination, is something that drives decision making process when it comes #EnergyEffciency investments.

To be frank we cannot blame industries entirely for it, i mean that is the way most of products, solutions around #EnergyEfficiency have been sold to them. People have spoken about #ROI, #Payback etc, seldom people talk about aspects like Performance Management, Automated M&V, Automated Reporting & Scientific Budgeting, aspects that have greater impact on organisational and cultural change when it comes to #EnergyEfficiency #EnergyProductivity management.

Some of the forward looking organisations have realized that having a myopic view on ways to improve #EnergyEfficiency #EnergyProductivity will cost them dearly in the longer run. They are looking at driving changes that have a long term vision and an integrated strategy, they are not looking at executing things in isolation. That is going to be the differentiator.

Your thoughts?

Umesh Bhutoria