Boosting Europe's Energy Productivity

McKinsey pinpoints seven areas in which companies can improve energy efficiencyand thus increase their output per energy consumed

As their employees and customers call for action on climate change, companies have tended to focus on renewable energy, such as solar power. But now businesses are shifting their focus to increasing energy efficiency. Companies recognize the savings that higher efficiency can deliver at today's energy prices. But those companies are achieving only a fraction of the commercial opportunities possible through innovation.

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