The UK’s industrial sector could save at least £540m on its energy bills by adopting new energy technologies such as solar and battery storage, according to a report published today by Centrica.
The Distributed Energy: Powering the future of industry report covers the UK’s major manufacturing and production activities such as steel, mining, chemicals, car manufacturing, machinery and food & drink production, which together account for one quarter of the UK’s entire electricity demand. The sector has been challenged to improve its energy productivity by 20% by 2030, as set out by the government’s Clean Growth Strategy.
The research findings suggest that savings could be achieved by adopting distributed energy technology such as new heating and lighting, solar, Combined Heat and Power (CHP) and battery storage. New energy monitoring technology can also help to identify inefficient machinery and processes.