Written by: Doug Hutton
With energy prices at their lowest level for over a decade and the prevailing view that they will be lower for longer, there seems to be little economic incentive to spend money on energy efficiency. Particularly in industry sectors where revenue is down, investment budgets are less likely to be made available for saving energy. Even so, depending on individual circumstances, energy reduction can be an important strategic objective, so it is important to understand the drivers both now and in the future as energy prices increase.
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