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Unlocking Energy Savings at Industrial Properties: Strategies You Can’t Ignore

Update Smart Energy Solutions for Industrial Properties As industrial properties strive for operational efficiency, energy management has emerged as a top priority. Industrial operators face a multitude of challenges in managing their energy costs across various locations. Laura Rude, director of energy management at Link Logistics, sheds light on how their innovative Energy Solutions program can significantly reduce costs while simplifying the complexities of utility management. Navigating Regulatory Complexities One of the primary hurdles for companies managing large industrial portfolios is the diverse regulatory landscape in different regions. Energy procurement is not uniform; it varies considerably and can become a daunting task to manage. Rude emphasizes, "Each region presents unique regulations that complicate energy management within our customers’ diverse portfolios, making it imperative to have tailored solutions that address these differences." Balancing Immediate Savings and Long-Term Goals Operators are increasingly faced with the challenge of balancing immediate energy-saving measures with their long-term decarbonization efforts. Companies often find themselves torn between implementing quick cost-saving strategies and achieving their sustainability targets. Link’s Energy Solutions program promotes integrated strategies that align these interests, ensuring both short-term and long-term savings as well as environmental benefits. Combatting the Split Incentive Barrier Another significant barrier in industrial energy management is the ‘split incentive’ issue, where landlords hesitate to invest in energy-efficient upgrades like solar solutions, as the long-term benefits often accrue to tenants. Link Logistics addresses this concern by managing utility costs and investing in sustainable upgrades on behalf of their customers, creating a model of shared savings beneficial for both parties. Rude notes, "This approach not only helps us invest in green technology but also supports our clients’ financial goals." Empowering Customers with Data At the heart of the Energy Solutions program is empowering customers through data insights. By leveraging real-time utility data, Link Logistics offers tailored energy solutions designed to optimize efficiency. With national visibility, they can spot trends and make proactive recommendations to help clients stay ahead of utility rate changes. Rude explains, "Our national scale allows us to provide insights on market fluctuations and leverage our data to deliver tailored solutions, ensuring our customers can achieve their energy efficiency goals."