The U.S. potentially could reduce non-transportation energy consumption by 23% by 2020 and greenhouse gases by 1.1 gigatons annually, but this goal is achievable only if significant barriers are addressed and overcome, says a new report from McKinsey & Co. These barriers include $520 billion in needed up-front investment and a fragmented network of buildings, devices, building codes and other requirements. The potential for reducing energy consumption in the U.S. is huge, but coordinated national and regional strategies are needed to unlock the existing potential, says the New York City-based management consulting firm in its July 29 report. “Energy efficiency
The growing need to collect, store and analyze the huge volumes of data collected from infrastructure project stakeholders is generating a new growth area for construction-sector firms, IT vendors and professionals.