Tag: energy prices

How Solar Can Optimize Costs and Sustainability for Food and Beverage Facilities

In the food and beverage industry, facilities managers face the daunting task of balancing tight profit margins with the need to deliver high-quality, sustainable, and affordable products. For food processors, the net profit margin is just 6.01%, while beverage companies have a net profit margin between 9.29% and 14.07%. Rising energy prices, evolving consumer demands, […]

Mitigating the Impact of AI-Driven Power Demand on Commercial Energy Bills

The power demands of artificial intelligence (AI) are growing exponentially, with no signs of slowing down. The International Energy Agency (IEA) suggests that by 2026, power consumption related to AI, cryptocurrency, and the data centers necessary to power our increasingly automated world could double. AI-driven demand is only one cause of rising energy prices. Power […]