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Energy Efficiency presents industry with a £2.2bn opportunity

14/3/2013

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Synertree says: New modeling suggests the UK industrial sector is wasting £2.2bn a year on energy bills that could be easily reduced. The full scale of the energy efficiency savings on offer to heavy industries was underlined this week with the release of a new report suggesting the UK's industrial sector is wasting up to £2.2bn a year.

The analysis was unveiled by the Energy Efficiency Financing (EEF) scheme, a corporate green lending service backed by engineering giant Siemens and the Carbon Trust consultancy that aims to provide "pay-as-you-save" financing to businesses, enabling them to undertake energy efficiency improvements at no upfront cost and then make repayments using the resulting savings on energy bills.

The analysis was based on official sources and proprietary data collected by EEF on a number of key industrial sectors concluded that switching to cost-effective energy efficient equipment would deliver multi-billion pound savings to businesses.

"Our analysis has shown that there is a huge market potential for energy savings from business investment in energy-efficient equipment, amounting to over £3.7bn per year across the country, and around £2.2bn in the industrial sector alone," said Darren Riva, Head of Green Financing of the EEF scheme. "That potential energy saving covers motors, compressed air, high/low temperature processes, lighting and space heating, amongst others." The EEF initiative could help businesses realise these savings, allowing them to curb greenhouse gas emissions and energy bills without the need for capital expenditure.

"In the current credit squeeze, a major problem for firms has been access to affordable finance to enable business to make those green investments," he said. "That is why EEF was created - a joint financing initiative between the Carbon Trust and Siemens - to make finance more accessible and affordable for companies, especially SMEs. The EEF scheme matches monthly payments to real monthly energy cost savings, which means that firms effectively end up paying no extra for their new equipment investment."

Myles McCarthy, Managing Director of Carbon Trust Implementation Services, said growing numbers of businesses were taking up the new offer and using financing to fund the deployment of a wide range of energy savings technologies such as new LED lighting systems and biomass heating. But he added that there was a compelling case for more firms to investigate energy efficiency savings.

"These figures demonstrate the huge opportunity businesses have to save energy and cost," he said. "Wise businesses who ensure their operations are using energy efficiently in these difficult economic times will reap huge benefits."

The report came as the World Building Council this week unveiled a new report detailing the increasingly compelling business case for investment in greener buildings.

The report, entitled Business Case for Green Building: A Review of the Costs and Benefits for Developers, Investors and Occupants, explores how green building designs and technologies can deliver long term cost savings to investors, property owners, and occupants.


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Synertree attends DECC Workshop: Carbon Assessment of biomass feedstock

8/3/2013

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Synertree Says: Synertree attended the workshop to provide feedback on the GHG calculator through the DECC stakeholder consultation. The tool presented is based on the DECC 2050 Pathways calculator but focuses on biomass production and use. This 'calculator' is perhaps better described as a policy tool as it models potential GHG emissions for different biomass feedstocks, but also investigates the GHG impacts of different aspects of the carbon balance, including carbon debt and foregone carbon sequestration. Our feedback is that this is a useful tool for making policy decisions, but shouldn't be used at an individual company level, as this confuses consequential and attributional LCA. We are pleased to see that DECC and the UK Govt is applying progressive thinking by looking at future energy supply scenarios. There is also a significant amount of useful data and information in the tool. However there is also a lot of uncertainty and there is a risk the tool could be used out of context by individuals or organisations which do not appreciate the complexities of bioenergy systems or LCA methodology. Overall, DECC have produced a very useful model for the science, policy, and research community, but this tool should be seen as a way to assist decision-making rather than calculating actual emissions from real supply chains.

Official info: DECC hosted a workshop to present their newly developed bioenergy carbon calculator for the assessment of the greenhouse gas emissions (GHG) emissions associated with different biomass feedstocks. 

Location: Hamilton House in London.
Official website: click here

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Synertree attends 'Energy Question Time' at UWE, Bristol

6/3/2013

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Synertree Says: A very well organised and attended event, with a very knowledgeable and diverse panel of speakers. I particularly liked the unrestricted and discussion oriented nature of the event, with any member of the audience being able to raise hands and chip in with questions or comments throughout. I was also pleased to see a good mix of attendees, including many businesses as well as the expected student population from UWE. Lots of time for networking, and a lovely buffet was provided after the question time. All in all a great event!

Official info: The intention of this Energy Question Time event is to discuss the future of energy supply and demand and whether solutions can be reached within industry that overcome the hurdles that are faced. This is a collaborative event between the IMechE and CIBSE, the Chartered Institute of Building Services Engineers. The purpose in organising this collaborative event stems from a growing belief that achievable solutions must consider the entire energy infrastructure; from the building design, occupancy behaviour and efficiency to the supply network.

Location: Glendinning Lecture Threatre (2D67), UWE Frenchay Campus (D Block), 7 pm
Official website: click here

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Synertree attends Bristol Energy Network Community Energy Strategy Meeting

4/3/2013

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Synertree Says: A very good event - excellent turn out, well planned and executed, people stayed on topic, everyone contributed, and there were a lot of constructive comments. Great talk from Simon Kenton - manager of Oxford's successful "Community Action Groups" (CAG) project, highlighting possible ways in which Bristol and the energy network could achieve some of their aims. Well done to Mark Leach, Jake Barnes, Dave Tudgey and others for organizing the event. Now there's the task of writing a document to incorporate the issues and ideas raised. Exciting stuff!

Official info: A collectively developed Community Energy Strategy for Bristol, driving initiatives that will put Bristol on the map, creating Bristol’s best future and establishing ‘Bristol firsts’ in community energy and energy efficiency; the result of community projects and city-wide partnerships working effectively together.
Following the election of our first mayor George Fergusson and a lively debate at the BEN November open meeting individuals participating in the BEN Google group put together an initial outline version of a strategy here.

Location: Unitarian meeting hall, Brunswick square, 7 - 9 pm
Official website: click here

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Synertree now on LinkedIn

1/3/2013

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(Dan) I have just created a LinkedIn page for Synertree! Please follow us here.

Paul and I also have our own Linkedin profiles:
Dan's LinkedIn profile
Paul's LinkedIn profile

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Synertree now on Twitter

1/3/2013

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(Dan) I have signed Synertree on to Twitter!! Please follow us to receive updates on our activities, services, and special offers!
@synertree

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