POWER
Summary
The present and future of power generation is and will be driven by new technologies, those designed to increase the efficient use of electricity while limiting emissions and supporting resiliency.
It’s a challenging time for those in energy. Developing solutions to solve issues in the power sector involves navigating an uncertain and ever-changing regulatory landscape, at a time when reliable power is perhaps more important than ever. The COVID-19 pandemic also has impacted the economic viability of projects, due to construction delays and supply chain disruptions.
George Sakellaris, president and CEO of Ameresco, a renewable energy and energy efficiency company based in Framingham, Massachusetts, has a front-row seat to the evolving power marketplace. Ameresco—celebrating its 20th year in business this year—provides comprehensive services, energy efficiency, infrastructure upgrades, asset sustainability, and renewable energy solutions for businesses and organizations throughout North America and Europe.
Sakellaris took time with POWER to answer questions about himself, his company, and Ameresco’s business, as well as how his group is coping with the coronavirus pandemic.
POWER: What are the important services that companies in your space should offer when it comes to energy efficiency and renewable energy?
Sakellaris: There are a vast number of services and solutions in the energy efficiency and renewables space today—but ultimately, the ones that are most important depend on a specific organization’s needs. With efficiency, basic energy conservation measures (ECMs) such as lighting system improvements, wastewater controls and heating, ventilation and cooling (HVAC) solutions are simple and cost-effective offerings that can make a huge difference when it comes to the energy usage and cost savings of a building. Those of us that have been in the efficiency business for quite a while also know that the commercial and residential building sector is a leading source of emissions in the U.S. Especially with advances in technology and with the Internet of Things (IoT), we will see ECMs become increasingly sophisticated and interconnected, which will have a meaningful impact in how we reduce greenhouse gas emissions global and stave off the effects of climate change.
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