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British businesses could save £860 million on energy bills

British businesses could be saving up to £860 million on energy bills, according to new research. In the new report entitled ‘The Power of Carbon Psychology’, Npower Business Solutions and the Centre for Economics and Business Research say that by introducing behavioural changes, businesses could significantly reduce the money spent on energy bills.

Although a number of sectors were highlighted in the survey, it was found that the manufacturing sector could be saving nearly 11%, while the retail and wholesale sector could save 19% on energy bills.

Commenting on the report, Phil Griffiths, a Carbon Psychologist at npower Business Solutions, said:

“There is a huge opportunity for bigger businesses here – and they don’t even need to invest to make substantial savings. The benefits of behavioural change on the bottom line are clear. Energy efficiency improvements result in a more motivated workforce, a positive impact on the UK balance of payments and significant emissions reductions.”

Although the research was aimed at large companies, the report also established that small to medium enterprises stood to benefit from introducing simple changes. According to the report, the benefits include increased profits, improved cash flow and protection against energy price rises and volatility.

Improving energy efficiency in the commercial sector

The UK has made a determined effort to improve energy efficiency and while domestic energy use is reducing significantly, UK industry is lagging behind. The report found that efforts to lower industrial energy intensity in the UK were “fairly average”.

With the increase in energy bills, it is especially important for both domestic and commercial sector to make efficiency savings and the report’s authors feel that introducing behavioural changes in businesses such as using power more effectively could provide significant savings to the industrial sector.

The research also indicated that when businesses combined technical improvements along with behavioural changes, it was possible to achieve the greatest level of success when it came to achieving energy efficiencies.

Reducing Carbon Emissions

The government has stated that if the UK is to meet is going to reduce carbon emissions by 80 per cent by 2050, then the commercial sector will have to play its part in improving energy efficiency.

A number of initiatives, including Climate Change Agreements, the Green Deal and the Electricity Demand Reduction Project are just some of the programmes that have been introduced by government to try and encourage businesses to lower their energy use.

World’s largest windfarm gets government approval

The world’s largest wind farm has been given government approval. The Business and Energy Secretary, Greg Clark, granted planning consent for the Hornsea Two offshore wind farm, which will be situated off the coast of Yorkshire.

An application to gain consent for the building of the windfarm was made in January 2015. The development consent order was recently approved by the Energy Secretary and gives permission for all aspects of the project. Once complete, Hornsea Two will have more than 300 wind turbines and create 1800 MW of electricity

Greg Clark said the project was “fundamental” to the government’s commitment to an affordable and secure energy system.

Commenting on the announcement, Brent Cheshire, County Chairman for DONG Energy UK, stated:

"Development consent for Hornsea Project Two is very welcome. We have already invested £6 billion in the UK, and Hornsea Project Two provides us with another exciting development opportunity in offshore wind.

 "Hornsea Project Two is a huge potential infrastructure project which could provide enough green energy to power 1.6 million UK homes. A project of this size will help in our efforts to continue reducing the cost of electricity from offshore wind and shows our commitment to investing in the UK."

Hornsea One and Three

Dong Energy has already secured the project rights for Hornsea One and for Hornsea Project Three.

Hornsea One, which will have the capacity to fuel up to 1 million homes, is scheduled to be in use by 2020. Up to 240 wind turbines will make up the wind farm and construction began in 2016. In 2018, work is expected to start on the offshore construction.

For Hornsea Three, Dong Energy expect to apply for planning consent in 2018 with construction work beginning some years after if it gets approval.

When Hornsea Three is built, it will be the largest wind farm yet, with the capacity to power 2 million homes and producing 2.4 gigawatts of energy.

DONG Energy’s commitment to green energy

The Danish-based energy firm is already responsible for the operation of six wind farms in the United Kingdom. It has pledged billions in investment towards green energy in the UK and there are plans to build several more windfarms in the coming years.

The North of England is set to benefit from £5.4 billion of investment into windfarms by 2019. This will result in four more windfarms for the North, including one at Burbo Bank and another in Barrow.

World’s largest windfarm gets government approval

The world’s largest wind farm has been given government approval. The Business and Energy Secretary, Greg Clark, granted planning consent for the Hornsea Two offshore wind farm, which will be situated off the coast of Yorkshire.

An application to gain consent for the building of the windfarm was made in January 2015. The development consent order was recently approved by the Energy Secretary and gives permission for all aspects of the project. Once complete, Hornsea Two will have more than 300 wind turbines and create 1800 MW of electricity

Greg Clark said the project was “fundamental” to the government’s commitment to an affordable and secure energy system.

Commenting on the announcement, Brent Cheshire, County Chairman for DONG Energy UK, stated:

"Development consent for Hornsea Project Two is very welcome. We have already invested £6 billion in the UK, and Hornsea Project Two provides us with another exciting development opportunity in offshore wind.

 "Hornsea Project Two is a huge potential infrastructure project which could provide enough green energy to power 1.6 million UK homes. A project of this size will help in our efforts to continue reducing the cost of electricity from offshore wind and shows our commitment to investing in the UK."

Hornsea One and Three

Dong Energy has already secured the project rights for Hornsea One and for Hornsea Project Three.

Hornsea One, which will have the capacity to fuel up to 1 million homes, is scheduled to be in use by 2020. Up to 240 wind turbines will make up the wind farm and construction began in 2016. In 2018, work is expected to start on the offshore construction.

For Hornsea Three, Dong Energy expect to apply for planning consent in 2018 with construction work beginning some years after if it gets approval.

When Hornsea Three is built, it will be the largest wind farm yet, with the capacity to power 2 million homes and producing 2.4 gigawatts of energy.

DONG Energy’s commitment to green energy

The Danish-based energy firm is already responsible for the operation of six wind farms in the United Kingdom. It has pledged billions in investment towards green energy in the UK and there are plans to build several more windfarms in the coming years.

The North of England is set to benefit from £5.4 billion of investment into windfarms by 2019. This will result in four more windfarms for the North, including one at Burbo Bank and another in Barrow.

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