Control Engineering poll asks about impact of energy prices

A recent unscientific poll of visitors to Control Engineering Online suggests that energy prices may increase market demand for technologies that allow companies to better conserve and manage energy, such as power management systems and high-efficiency motors.

By Control Engineering Staff April 7, 2005

A recent unscientific poll of visitors to Control Engineering Online suggests that energy prices may increase market demand for technologies that allow companies to better conserve and manage energy, such as power management systems and high-efficiency motors. Nearly 70% of respondents affirmed energy would impact budget decisions in 2005.

The question asked, “Will current global situations affecting energy supplies/prices impact your company’s budgeting decisions this year?” Answers were:

36% Yes, significantly;
32% Yes, somewhat;
24% No; and
8% Don’t know.

The question was posted on the Control Engineering Web site from Jan. 24 to Feb. 7, 2005. Click here to browse recent poll results .

—Mark T. Hoske, editor-in-chief, Control Engineering, MHoske@cfemedia.com