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  • Monday, December 24, 2012


    5 Energy Trends That Will Impact Your Business In 2013

    Brian O’Connell, December 21, 2012 (Forbes)

    “…[M]ore and more executives are locked in on the energy market and are promising to leverage that market to improve sustainability at their firms…[According to A New Era of Sustainability from Accenture and the UN Global Compact] 93% of the 766 CEOs surveyed say that energy sustainability is either ‘important’ or ‘very important.’ …100% of CEOs in the automotive and consumer sectors view sustainability as ‘critical’ to their success…

    “…[1…High prices] are triggering a broader re-evaluation process among CEOs going into 2013…[2…A clear majority of CEOs say their renewable energy purchases will rise] over the next five years. To fight back against higher energy prices, those CEOs intend to explore cheaper renewable energy…[3…Company-Generated Energy Will Rise]…51% of CEOs in [an] Ernst & Young study said company-owned renewable energy resources would increase, and 16% claimed that it would ‘significantly increase.’…”

    “…[4…Commercial Buildings Going Green]…More buildings, manufacturing plants and office complexes in the U.S. are going ‘green,’ or at least heading that way…20% of the annual energy consumption in the U.S. is linked to commercial buildings…[and] the federal government is offering big financial incentives to companies to ‘retrofit’ their buildings and make them more energy efficient. The goal is to cut U.S commercial building energy output by 20% by 2020…[5…Natural Gas Over Oil]… With demand for oil slowing across the globe, especially in emerging market countries like China and India, oil prices should rise significantly in 2013. But huge stores of natural gas, especially a burgeoning shale gas supply in the U.S., make natural gas a cheaper…

    “…Expect CEOs to steer energy budget resources away from pricey oil and toward inexpensive natural gas. That’s especially true given the U.S…Typically, natural gas is about 10 times less expensive than crude oil. But these days, it’s trading 35 times cheaper…While that ratio may not be sustainable, high natural gas inventories should keep prices down for 2013…”


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