Addressing the pressure to change: achieving and sustaining energy efficiencies part 1
Karl Helbig 270001N2U6 firstname.lastname@example.org Tags:  tivoli maximo energy green-it green-data-center energy-efficiency energy-monitoring monitoring management energy-management sustainability ibm-energy-management ibm meo green green-infrastructure green-and-beyond 2 Comments 1,691 Visits
The rising cost and uncertain availability of energy
There are many specific issues around energy and the environment that are increasing the urgency for organizations to change the way they do things in order to achieve and sustain energy efficiencies. And these pressures are coming in various forms, not the least of which is the rising cost and uncertain availability of energy. We all know that energy is scarce and that prices tend to fluctuate. Humor me for a moment as I attempt to use an example to illustrate the challenge. One of my colleagues talks about the VP of a company that he’s working with around energy management, and this person talks about his yearly budget being allocated fairly equally to three different areas: CapEx, labor or people, and energy. And when we think of plotting that out over time, let’s say over a five year period, it should be fairly simple to control and maintain our capital expenditures and people costs, or at least predict what those costs might be. But if we look back at the history of where energy costs have been over the past few years, you realize that it becomes difficult to predict where these costs might be one or two years down the road, much less five years. And with demand expected to increase, those costs could be significantly higher than might be expected. How can a company address this issue as it tries to run the business in a more sustainable manner?
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