Using energy technology to unlock savings in the industrial sector
05 November 2018
Energy is one of the biggest costs borne by British manufacturers. The sector is responsible for around one quarter of the UK’s entire electricity consumption and collectively spends more than £12bn on energy each year.
Consequently, manufacturers face internal pressure to reduce this cost and external pressure to reduce the emissions it produces, including the one set out by the Government in its Clean Growth Strategy which asked industry to reduce energy consumption by 20 percent by 2030.
While this is a steep challenge for the sector, it also represents opportunity, one that can improve productivity, increase resilience and boost the bottom line.
Centrica’s Distributed Energy: Powering the future of industry report found that the UK’s industrial sector could save at least £540m a year on its energy bills if it adopted new energy technologies such as solar and battery storage.
Read the full article in the November issue of DPA
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