Ralf Kortner, Decentralized Energy
Summary
The UK’s high intensive industrial energy consumers continue to face stubbornly excessive energy costs, ongoing carbon reduction commitments and future power supply uncertainties. Over 55 per cent of a current energy bill is made up of non-energy related charges, many of which are highly volatile.
At the same time, the falling cost of renewable energy solutions and the development of smart technologies driven by digitalization - the technology focus of Industry 4.0 - presents real opportunities to help tackle some of the important energy-related concerns businesses currently have.
The publication in recent months of two significant reports: the government’s ‘Clean Growth Strategy’, and the independent ‘Cost of Energy Review’ conducted by Professor Dieter Helm, has put the UK energy market firmly in the spotlight and articulated many of the primary concerns for the business community.
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