UK businesses could save £1.3bn per year by investing in energy efficiency measures
That’s the opinion of energy management experts on energy efficiency measures from some of the world’s biggest manufacturers who recently came together for an exclusive roundtable hosted by edie and Centrica Business Solutions to explore some of the biggest challenges and opportunities when it comes to building energy efficiency.
With many large corporates claiming to have achieved the “low-hanging fruits” of energy efficiency through energy efficiency measures, the task for businesses now is to tap into new opportunities that can take energy efficiency strategies onto the next level. But does UK policy offer enough incentive for business to drive efficiency improvements?
It was agreed by participants that the business case for new energy-efficient technologies and processes would be made much stronger through a more enabling policy environment for It was agreed by participants that the business case for new energy-efficient technologies and processes would be made much stronger through a more enabling policy environment for energy efficiency measures.
Over the past few years, a host of changes to Feed-in-Tariffs (FiTs) and well-publicised complications around policy measures such as the Renewable Heat Incentive (RHI) have left energy managers across the UK feeling both overstretched and confused. “Changing legislation is definitely a challenge,” said Kate Tavernor, group care and environmental manager at Hain Daniels Group. “When you are talking about UK policy, the incentives are there but it can be difficult as by the time you go through the layers of governance for it to be approved by the board, the incentive might have changed.”
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