Being Green – It’s not all about Renewables

Rapid deployment of renewable energy in the UK is presenting significant economic benefits, climate change mitigation and, on a wider scale, energy security.

Energy is a much talked about topic, as we have seen with the coverage of COP21, where the UK pledged along with G20 countries to curb global warming to less than 2°C.

Below we give our advice.

FIRST: Build a Cost-Effective Strategy

Although a worthwhile investment to many businesses, addressing renewables before you have an energy waste strategy isn’t beneficial from a financial perspective.

This is because you are essentially jumping ahead to generating energy, when in fact you should be combating your inefficiencies and reducing your operating costs first.

For this reason, many businesses are missing out on maximising their energy and cost savings.

If you are a large enough business, we usually always recommend the following initial stages:

1.  Identify energy waste
2.  Reduce energy waste & ensure your utilities contract is able to reflect this
3.  Address renewables, if suitable for your business

So, first identify waste and then reduce waste. Afterwards, you can start looking at ways in which to generate energy.

TALKING OF RENEWABLES: the Government is cutting FIT Tariffs

If you have a project under consideration, the deadline for the project to receive the current Feed-in-Tariffs (FIT) payments was 31 March 2016 – Contact us for advice.

This means that FIT payments are now not driving solar. The best use of Solar PV is to match it to your demand profile/ use the energy directly.

PREPARE FOR ENERGY STORAGE

Since Elon Musk from Tesla Motors launched the Tesla Powerwall battery last year (uses electricity generated from solar panels to charge), energy storage has become a popular innovation, boosting the energy storage market.

Despite the developments, there is still a long way to go in improving the capacity, availability and affordability so that the batteries are viable on a larger scale.

It is predicted that it will take around 2 years to develop the storage to power businesses.

More Information

If you would like more information about developing an energy waste strategy, or solutions to help you reduce your waste and cut your energy costs:

Submit your query here

♦ Email info@iuenergy.co.uk

♦ Call 01752 262626