What is causing the energy crisis in Europe?
Conflict in Europe is causing an energy crisis. It is impacting governments, businesses, and households. The natural gas supply contraction and, therefore, gas and energy price spikes is causing inflation that residential and commercial users haven’t experienced in decades. Energy disruptions and shortages can devastate European businesses causing temporary shutdowns, layoffs, and reduced hours.
How long will the energy crisis last?
The energy crisis in Europe started in the winter of 2022. Experts are predicting that it will last long into 2023 and beyond. With the increasing demand for energy and restricted supplies, we are facing a multiyear challenge. To solve the energy crisis, we need to close the efficiency gap and reduce consumption, peak demand, and energy costs.
How can I combat the energy crisis?
To overcome the energy crisis, we recommend introducing our three-step proven approach: installing an energy management system (EMS), adding or upgrading an existing building management system (BMS), and optimising operations with integrated digital solutions that provide building analytics and reporting. These steps will help reduce energy consumption and costs while making your operations more efficient and sustainable.