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...businesses need to look before they jump to get real value and tangible benefits from implementing a Carbon strategy according to Power Efficiency...

London – UK 15 July 2009 – With more than 90% percent of FTSE 350 companies planning to invest in carbon and energy consulting in the next twelve months, according to research from independent analyst firm Verdantix, the drive for energy efficiency and savings needs to shift away from ‘blue sky’ ideas to a more pragmatic approach which will deliver cost savings and business credibility. Power Efficiency, a leading UK carbon and energy procurement consultancy, feels that this is both a threat and an opportunity for UK businesses – there is a lot to gain both financially and environmentally from this drive towards greener business practices.

The research from Verdantix contained in a report entitled “Green Quadrant® Energy Consulting UK” (June 2009), showed that the renewed focus on reduced energy consumption and efficiency is being driven by a range of factors, including; volatile energy markets and new energy regulations, as well as a general need to reduce costs. According to the report, this pressing need is making many businesses turn to external experts and consultants to help them implement the correct strategy; “Energy price volatility, carbon management, cost savings and energy efficiency regulations drive increased demand for energy consulting.”

The report claims that 80 percent of the firms it surveyed in the FTSE 350 had hired an energy consultancy in the last twelve months and that 93 percent planned to hire these types of services in the next twelve months. The report states that; “Firms that hire consultants do so for two reasons: 1) Lack of in-house technical expertise; and 2) the need for extra human resources. Customers hire consultants to deliver a large range of energy services.” In line with these observations, Power Efficiency believes that businesses run the risk of being left empty handed should they not implement a strategy based upon sound knowledge and understanding of the options available and best suited for their markets and type of organisation.

Rodolphe d'Arjuzon, Research Director at Verdantix, author the report, said; “Our research confirmed that UK businesses, in common with those in other global markets, are waking up to the need to get some deliverables from proper energy efficiency and consumption. Although some companies will continue to play around the edges of this market, the leaders and innovators are taking carbon efficiency and energy reduction seriously, both to help deliver savings in areas such as energy procurement, but also longer term benefits around legislation and best practice. Until companies can build expertise to cover these areas internally, the need to bring in external consultancies has never been higher, and these consultants can also bring in best practices from other organisations where they have had successful projects.”

“We welcome the findings of the Verdantix report,” said Bobby Collinson, Managing Director of Power Efficiency. “Too many businesses have spent too much time looking at the PR and corporate and social responsibility advantages of having a ‘green’ message, and too little on getting real business benefits. We have always recognised the need for businesses to take a pragmatic approach to carbon efficiency and energy procurement. For businesses to begin gaining real benefits – such as a competitive and financial edge in the current economy - they need to start planning now and keep ahead of trends we are seeing in the market.”
To obtain a copy of the Verdantix report please go to: http://www.verdantix.com/index.cfm/papers/Products.Details/p...-

About Verdantix
Verdantix is an independent analyst firm that helps P&L owners and change leaders with unique commercial analysis of climate change, sustainability and energy issues. For more information please visit www.verdantix.com

About Power Efficiency
Founded in 1999 with the prime objective of bringing a fully-rounded, strategic approach to the business of energy management, Power Efficiency is one of the UK’s leading consultancies in helping businesses define and achieve successful energy procurement and carbon strategies. With a management team that has over 100 years experience in energy markets in both the UK and overseas, covering core areas such as energy procurement, energy reduction, auditing and the introduction of new technology, Power Efficiency constitutes a known and respected voice with every key supplier in the utilities markets, and also with legislative bodies, including the UK and EU governments.

For further information please contact:
James Cooper or Kim Hollingdale
Ascendant Communications
Tel: 0208 334 8041
Email: jcooper@ascendcomms.net / khollingdale@ascendcomms.net



This press release was distributed by ResponseSource Press Release Wire on behalf of Ascendant Communications in the following categories: Business & Finance, for more information visit https://pressreleasewire.responsesource.com/about.