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Management Side
The Final Word by Jim Thompson
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It looks like the current energy price run up may have seen its peak. I am concerned this will put energy savings projects on the back burner. This will be a mistake, for we can predict there will be another rise in energy prices, we just do not know when. Review your fiduciary policies in the area of capital project approval. If you are in a position of authority over these policies, think hard about the guidelines for approving energy projects. The only way to get ahead of the curve in energy is to have savings projects in place before a run up in prices; after a surge starts, you can not catch up and find a competitive advantage, no matter how fast you do a capital project.
 

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