The importance of energy efficiency in businesses

Christel Liljegren, Managing Director of the Southern Sweden Energy Agency (Energikontor Syd) and Vice-President for Mobility and Transport at FEDARENE, a partner organisation of EUSEW, highlights the importance of energy efficiency for small and medium-sized enterprises.

In Sweden, the rise of energy prices in the autumn/winter of 2022 led to a growing demand for the knowledge of energy agencies and participation in different support initiatives.

Many connections were established with various companies, highlighting the influence of financial considerations on the willingness to transition.

This insight is valuable for future efforts, especially when the impact of lower energy prices can lead to decreased engagement and implementation of the clean energy transition in businesses.

Increased understanding of businesses’ energy systems

Energy and climate initiatives enhance competitiveness in a business environment marked by growing sustainability reporting and rising demand for sustainable, fossil-free value chains.

Strategic energy management builds awareness of a company’s energy system. This empowers SMEs to prioritise energy efficiency, optimise technology, and make informed decisions on investments or upgrades.

The knowledge results in reduced energy costs for business development or profit. The increased understanding of their energy system enables businesses to adapt to operational changes, escalating costs, or unforeseen events.

Recommendations for policymakers

Recommendations gathered from small and medium-sized enterprises to policymakers, include:

  • Create incentives and establish incentive systems for SMEs to participate in energy efficiency initiatives, aiming to enhance involvement and performance. Clear communication about savings and motivation is crucial.
  • Recognise the significance of energy audits by offering support and subsidies for companies to engage experts. Emphasise the reduction of expensive energy items and encourage the shift to sustainable alternatives.
  • Support companies in strategic energy management by establishing internal organisations and appointing energy managers. Provide resources and incentives to fortify internal structures.

The importance of energy efficiency

Energy efficiency is crucial for small and medium-sized enterprises.

Adopting energy-efficient practices enhances competitiveness and reduces operational costs for businesses. These are vital in a dynamic business landscape with tight budgets.

With the EU focusing on sustainability, enterprises prioritising energy efficiency align with regulations and market trends. This contributes to both environmental sustainability and financial resilience.

Regional energy agencies, collaborating with municipalities and regions, play an important role as agents of change in driving climate adaptation efforts, supporting businesses in these endeavours.

Contributor Details

Christel
Liljegren
Vice-President for Mobility and Transport at FEDARENE
Managing Director at Southern Sweden Energy Agency

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