Why UK Businesses Are Adopting Energy Independence in 2021 and How You Can Do the Same.
Businesses in the UK and Ireland are increasingly taking advantage of the benefits of energy self-sufficiency.
Since the beginning of the year, we’ve experienced unplanned outages on the Dutch interconnector, Brexit fallout and increased demand due to the pandemic and freezing weather. This ‘perfect storm’ has resulted in skyrocketing energy prices and increased risks of blackouts.
Now many businesses are looking at means of reliable self-generation, to reduce their dependency on the traditional grid and to safeguard operational continuity as well as save money.
For users with high energy requirements, one option that is becoming increasingly popular is Combined Heat and Power (CHP), also known as cogeneration.
With a Power Purchase Agreement, you can even take advantage of the benefits of CHP with no capital expenditure.
CHP units are installed onsite and typically use natural gas, LPG, or biogas, to efficiently generate both heat and electricity in the same process.
The process produces and collects heat that would have been lost by traditional generation methods so users typically achieve total system efficiencies of 60% to 80% and save significantly on heating.
When compared with conventional generation, which are approximately 40% efficient because energy is lost in the production and transportation processes, you can see how switching to CHP makes more sense for the large energy user’s bottom line – and green credentials.
Another way businesses can benefit from this independence from the grid is protection from the volatility of fluctuating energy costs, as the fuel required for CHP units is substantially cheaper and more stable in price.
Businesses are starting to realise that while the grid is generally the default energy source, it is absolutely not the right fit for every energy user.
Now more and more people are switching to alternative options, like CHP and seeing massive benefits like protection from blackouts, reduced carbon footprint and massive savings on energy bills.
Thinking of switching to CHP? Talk to our team today about how you can become energy independent.