We live in an interconnected world, where valuable resources crisscross international borders frequently. Among the most important of those are energy resources, and we’ve seen from the Russian invasion of Ukraine how quickly geopolitics can shift and how conflict in one country can affect many other countries not directly involved. The ramifications are widespread, a big reason why nations focus on energy security as a matter of national security. Places that can produce their own fuel sources and infrastructure and provide uninterrupted availability at an affordable price to their citizens are less likely to be entangled in geopolitical quagmires and less likely to see the negative effects of those going on around them. These are the pillars of energy security they strive for.
EFFICIENCY
With resources limited, making the most of them is crucial to energy security. Using energy efficiently also keeps costs down, which is why moves like retrofitting buildings with energy-efficient lighting such as LED and motion-activated lights and smart heating and cooling systems are so popular.
“These are investments,” Robert Ragozine, then of FSG, told BOSS. “Typically, they’re really good investments. When we look at a facility for a lighting retrofit, it’s very rare that we see paybacks that go above four or five years. It’s usually two or three years. These are 20, 30, 40% return on investment.”
This story is from the June 2023 edition of The BOSS Magazine.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the June 2023 edition of The BOSS Magazine.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Sign In
Life in pink
La Vie en Rose, Canada's beloved specialty retailer, is on the verge of completing a seven-year digital transformation. Here's how they did it.
TRAIN YOUR BRAIN FOR LONG TERM HEALTH
WHEN IT COMES TO BRAIN FITNESS, SIMPLE CHANGES CAN YIELD SUPERIOR RESULTS
FREEDOM OF CHOICE
MENU CUSTOMIZATION IS EMPOWERING DINERS AND DRIVING BIG REVENUES
GETTING TO GIVE
VIRGINIA COMMONWEALTH UNIVERSITY SCHOOL OF DENTISTRY MERGES EXCELLENCE AND UNIMPEACHABLE IN BUSINESS CARE WITH BLOCKBUSTER RESULTS
LITTLE BY LITTLE
NANOTECHNOLOGY IS IMPROVING MANUFACTURING IN WAYS BIG AND SMALL
The Heart of Hospitality
For procurement and supply chain leader Provista, creating a true community of c customers is the secret to their success
'AS BIG AS THE INTERNET, IF NOT BIGGER'
THE HOSTS OF AI FOR HUMANS ON AI'S POTENTIAL FOR GOOD, BAD, AND DOWNRIGHT SILLY
They Have It Covered
Yong Lee (Lee) and PHP Agency use tech innovations to inject life back into life insurance
SEE FARTHER, MOVE FASTER
BUILDING TRULY AGILE SUPPLY CHAINS
Flavor Fascination
AS A UNIQUE GLOBAL FLAVOR DEVELOPER, CITROMAX BUILDS ITS HERITAGE AND SUCCESS ON TASTE AND A QUEST TO BRING NEW SENSATIONS TO THE TABLE