The UK’s energy-intensive industrial and manufacturing sectors could save at least £540m on their energy bills by adopting clean technologies such as solar arrays and battery storage systems, according to a new report by British Gas owner Centrica. Published today, the report analyses a range of major manufacturing and production activities – including steel mining, chemicals, car manufacturing, machinery, and food and drink production – which together account for around a quarter of the UK’s entire electricity demand. The UK’s Clean Growth Strategy sets out an ambition for UK industry to improve its energy productivity by 20 per cent by 2030, and today’s research findings suggest significant cost and carbon savings could be achieved by adopting distributed energy technology such as new heating and lighting, solar, Combined Heat and Power (CHP) and battery storage systems. It also highlights how new energy monitoring technologies could help identify inefficient machinery and processes and further boost industrial carbon and cost savings. Overall, the analysis estimates that if just half of businesses in the UK’s industrial sectors installed energy technology improvements, it could boost UK productivity and growth by as much as £13.9bn gross value added.
Business Green 24th Sept 2018 read more »