| | June 20226EDITOR'S DESKAs industrial and commercial activities resume at full speed post the economic slowdown, the demand for energy is soaring in tandem. According to Allied Market Research reports, the global renewable energy market was worth $881.7 billion in 2020, and it is expected to increase to $1,977.6 billion by 2030 with a CAGR growth of 8.4 percent from 2021 to 2030. The growth is spurred due to an increase in demand for renewable energy, a surge in legislative and financial efforts, and an increase in power consumption.Accompanying the market growth, global energy costs are also rising, as is the cost of procuring energy. Already a tedious and complicated process due to the abundance of norms and regulations, the COVID-induced supply chain issues are further pushing energy costs. Amid this scenario, organizations are looking to simplify their energy procurement processes and seek efficient means to purchase energy in a cost-effective, ESG-compliant manner.This edition of Energy Businesses Review brings the spotlight on the key developments in the energy procurement space and how companies are leveraging the latest tech solutions and market expertise to streamline their energy purchase operations in the electricity, natural gas, and renewable energy markets. The edition features thought leadership articles from Layla El Hares, Egypt Managing Director at Siemens Energy, Julian Kaufmann, Senior VP at CAMS, and Sandeep Dudhwewala, Director of Strategic Planning and Transformation at National Grid. They respectively speak about the need to leverage technology to improve operational efficiency in energy purchases, safeguard the increasingly digitizing power generation infrastructure from cyberattacks, and bring down costs of clean energy procurement through technology.The edition also features powerful energy procurement services from EnerConnex, a leading energy supplier offering integrated energy solutions tailored to commercial, industrial, government, and institutional facilities.In this edition featuring top energy procurement service companies, we hope you find the appropriate company suited to your energy procurement needs.Let us know your thoughts!Bringing Efficiencies to Energy PurchasingCopyright © 2022 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof. JUNE - 2022, Vol 02 - Issue 03 Published by ValleyMedia, Inc. To subscribe to Energy Business ReviewVisit www.energybusinessreview.com SalesRich Gonsalvesrich@energybusinessreview.comVisualizersAsher BlakeManaging EditorJade McdonaldEditorial StaffAaron Pierce Ava GarciaDaeg GroverVian IsaacJoshua Parker Kenny PeruzziScott ThomasJade McdonaldManaging Editoreditor@energybusinessreview.comDisclaimer: *Some of the Insights are based on our interviews with CIOs and CXOs
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