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How to save energy costs in a net zero world

By District Energy posted 09-13-2022 13:34

  

Open Access Government

Summary

Large energy consumers face many interlinking and contradictory challenges, how do they on save energy costs, and keep their company growing profitably whilst simultaneously meeting high energy production demands, alongside the pressure of reaching net zero targets? The answer lies within the equipment that many energy consumers already have in place.

Solar, wind turbines, ground and air source heat pumps, biomass, and energy from waste can provide acceptable savings in energy costs, however, combined heat and power (CHP) has the shortest return on investment (typically between 2-4 years), easiest facility installation and endurance of equipment (15-20 years). The economics of self-generation has always been the major factor in the procurement decision.

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