Strategic Focus: Building Decarbonization And Energy Management Will Decouple And Transform Over 30 Years

Energy management has unlocked building decarbonization; a reduction in consumption, thanks to better management of demand, has allowed for the reduction of GHG emissions. However, as the electrification of the global economy gathers momentum and electrical grids become decarbonized, energy management will shift focus in the next 30 years to managing decentralized energy sources and ensuring supply resilience. For occupiers and building owners, a new reality in operational and capital expenditure will be realized, with greater emphasis on upfront equipment purchasing, rather than utility bill expenditure. Vendors will undoubtedly capitalize on this shift, with a rise in fully managed energy services for customers – instead of simply providing equipment and maintenance, firms will start to deliver energy production equipment and distribution management as well. This report focuses on the UK’s 2050 decarbonization pathway; real estate executives and vendors alike should leverage its predictions to prepare for the upcoming changes to the energy management landscape.