The Future of Energy & Environment at Frost & Sullivan's GIL 2014: Europe

The Future of Energy & Environment atThe Future of Energy & Environment at Frost & Sullivan's GIL 2014: Europe PR Newswire LONDON, March 26, 2014 -- There is an urgent need for business model innovation to win the challenges that the next few years will present The future of the Energy & Environment industry will be discussed during Frost & Sullivan's congress GIL 2014: Europe that returns to London for its sixth consecutive year on Wednesday 14th May at the Royal Garden Hotel in Kensington. In a session entirely dedicated to the Energy & Environment markets Frost & Sullivan's industry thought leaders will share their views and present the key trends driving the sector in Europe and beyond. Frost & Sullivan Energy & Environment Director, Partner John Raspin explains: "The Energy & Environment industry has witnessed massive levels of technology innovation in the past decade, accompanied by unprecedented levels of convergence. But meanwhile, energy management is not as 'smart' as it could be because business models have not kept up with the pace of change - this is where the next wave of innovation is needed." According to Frost & Sullivan, there is an urgent need for business model innovation that is currently happening but only sporadically. "Clever companies are waking up to it," adds Mr Raspin. "Performance contracting is driving investment in energy efficiency; virtual power plants and demand response are enabling smart grid realisation.