Guide to help businesses revamp energy strategy

Australia’s business leaders have a new resource that will help them stay ahead of the curve in an increasingly complex energy landscape, thanks to a first-of-its-kind energy strategy briefing released last week.

The Energy Efficiency Council and the Trans-Tasman Business Circle released Navigating a dynamic energy landscape, which cuts through Australia’s tumultuous energy debate and provides a straightforward roadmap that will help businesses manage risks and capture opportunities as Australia’s energy system transforms.

The briefing features a breakdown of current energy trends, how they are playing out in business energy bills, and opportunities for businesses to take control.

“Cost pressures are leading Australian businesses to reconsider their energy strategies,” Energy Efficiency Council CEO Luke Menzel said.

“Many businesses have already revamped their energy strategy, and even more are actively reviewing their strategies or weighing investment options.

“This briefing is for business leaders who are looking to get across their options, recalibrate their approach to energy, and improve profits and productivity in the process.”

The briefing, which will be regularly updated, features case studies that show how businesses are using energy efficiency, renewable energy, demand response and smarter contracting to reduce their energy costs and shift to clean energy.

Former head of the Clean Energy Regulator and member of the Finkel Review panel, Chloe Munro, helped the Energy Efficiency Council to develop the guide.

“Some businesses have gained a competitive edge by revamping their energy strategies, but many find it hard to find relevant, useful information on effective energy management,” Ms Munro said.

“This guide will help them cut through the noise and give business leaders objective and up-to-date information, as well as pointers on options to take control of their energy costs.”

The briefing was developed with the support of the Victorian Department of Environment, Land, Water and Planning.