While it may feel like the other side of the world, Russia’s invasion of Ukraine will have lasting effects — including sparking the European Union’s hasty transition to energy independence. Last month, the EU announced a $300 billion roadmap to ditch Russian energy — mainly oil and gas. The EU said it would slash consumption of Russian gas by 66% by the end of the year, and break its dependence completely by 2027 by saving energy, finding alternate sources and speeding up the transition to renewables, according to ABC News.

Everyone wants to get the most bang for their buck, and commercial building owners are no different. 

Much like any market segment in the PHCP industry, the outlook for pump products continues to evolve — especially given the past year’s challenges with the COVID-19 pandemic.