«A graphene lightulb with lower energy emissions, longer lifetime and lower manufacturing costs has been launched…» , the University of Manchester reports.
This news shows the accelerated functional obsolescence of new technologies (in this case obsolescence of LED lighting) and how this obsolescence impacts in ESCO business.
A year ago in early 2014, in «ESCOs, Myth and Reality. Negotiation misunderstandings when outsourcing energy efficiency» , we wrote:
- “Are you sure that today´s state-of-the-art technology will be competitive in a few years? The continuous progress of technology give us another evidence of the virtual character of the post contract gains…
- The learning is that, in the ESCO business model, far-future previsions of budgetary gains are mostly made of virtual materials; so, it is better to head off unrealistic goals concentrating the dealing strategies within the immediate future and managing the post-contract period´s posible benefits only as a secondary target.”
Crystal clear and confirmed in 2015.