UK businesses invest in on-site power, renewables

TB

A new survey has shown that the UK’s biggest companies are investing in on-site power to safeguard against winter blackouts.

The survey follows a recent report by market regulator Ofgem that the UK’s generating capacity is nearly at full stretch. With the planned closure of some coal and nuclear power stations, Ofgem warned that spare capacity could fall from today's 14% level to just 4% in three years, with a risk of ‘brownouts’ and ‘blackouts’ starting in the winter of 2015-16.

Solar power

Carried out by the Major Energy Users’ Council (MEUC) and Power Efficiency, the survey shows that Britain’s companies are investing in renewable energy (50%) or on-site generation (43%), while 60% say they have plans in place to make a substantial investment in energy efficiency.

Ofgem’s report, Powercut Britain – Are the lights going out for UK business?, contains the views of 129 major commercial and public sector energy users.

For more on-site power news



file

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...