17 Jan Businesses procuring renewable energy
The largest energy consumer goes to…
In recent years, solutions regarding renewable energy procurement have increased dramatically, along with the social responsibility that is attached to it. The world is constantly evolving so new methods of generating power, especially in an office-based environment, are essential.
The business sector buys around 56% of all the UK’s electricity, meaning that it is the largest consumer of power in the country. Luckily, we at ESS are experts on energy, so we can help you cut costs and manage your consumption.
Procuring renewable energy within a working corporation may seem difficult, but it is easier than you think – especially in a modern world which is seeking to drastically reduce its carbon emissions. Organisations are beginning to discover and develop technologies that are vital in protecting the environment. Besides the obvious benefits of procuring renewable energy, businesses and corporations are adjusting to the idea of a sustainable future in a bid to reduce their carbon footprint.
Renewables such as solar, wind and geothermal energy are designed to improve the efficiency of a sustainable planet. Because of this, they have become an attractive option for corporations, since the benefits in the long run outweigh the initial cost.
Follow the renewable leader?
Well-known brands such as IKEA, Google and M&S have already made the commitment to switch to 100% renewable energy. As a result, more companies around the world are actively procuring renewable energy in order to do ‘their bit’ for the world. This idea is justified by The Department for Business, Energy & Industrial Strategy (BEIS), who have have noted a 230% rise since 2009.
These businesses that are switching to non-fossil fuels are helping to demonstrate the benefits of renewable procurement. Offices are now aware of the consumer demand and thus have to manage their climate risks in order to appeal to a wider audience.
In 2014, a global survey highlighted that 55% of consumers were willing to pay more for their goods from companies if they had an environmentally friendly business outlook. This suggests that renewables are becoming an even more attractive source of energy.
The Guardian states that renewable energy now accounts for 30% of the total electricity generated in the UK already. In 2017, solar panels and wind farms produced more electricity than the UK’s eight nuclear power stations for the first time. This hints that a future of a sustainable and eco-friendly environment looks promising. Renewable electricity increased from 25,244 GWh in 2009 to 83,255 in 2016!
It is clear that there is an ongoing boom within renewable energy and it is fast transitioning our energy system towards a low carbon footprint. The positive movement is proven by the growing number of businesses that are making the move over to a renewable energy supply. Leaders are finally realising that investing in clean energy will not only contribute to green credentials, but can also be more manageable.
It is estimated that at current rates of production, oil will run out in 53 years, natural gas in 54, and coal in just 110. If corporations and today’s generation carry on using energy at the current rate, fossil fuels will soon run out.
- Providing your business the best possible service
- Reporting and securing cheaper prices from energy suppliers
- Meeting your business needs and objectives and carefully crafting them into your tailored procurement strategy