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Energy Efficiency Industry in 2014: Continued momentum for PACE financing

 by Energy Manager Today Staff

The efficiency industry, driven largely in 2013 by intelligent innovations such as energy management software and virtual audits, will face financing, big data, education and accountability hurdles this year, according to a survey of executives by GTM Research.

A range of efficiency executives speaking to GTM Research said better IT deployment, educating customers, creating better financing options and adjusting utility incentives will be critical to properly scale the efficiency market in 2014.

Executives, including those from Johnson Controls, Vigilent and Retroficiency, pinpointed a number of trends to watch for in 2014 including continued momentum for PACE financing, better use of data, new approaches to equipment integration and operational savings versus equipment retrofits.

For example, Chuck McKinney of Aircuity told GTM Research that he sees airside energy efficiency, which will involve several strategies including natural ventilation and demand control ventilation, as the next big trend. Groom Energy’s Paul Baier noted lighting controls and increased adoption of enterprise energy management software were examples of new approaches to equipment integration to watch for in 2014. Read more.