The Future Of Zero Carbon Electricity

As the government continues to consider means to curb the increasing energy prices, customers around the country will be reviewing solutions for managing their energy usage and keeping bills low. Many small businesses, without support, face the risk of closure as they struggle to cope with their rising bills. As businesses are not protected by the price cap introduced by Ofgem, there is little support or solution from the government. Considering the solutions for reducing energy costs, is now the time for businesses to consider renewable energy? Reducing dependence on fossil fuels Witnessing the invasion of Ukraine from Russia at the beginning of the year, we may not have initially predicted the impact this was to have on the price of fossil fuels. Within just a matter of days, however, the cost of oil rose considerably. A wake-up call to every nation, our reliance on fossil fuels puts us at risk. With the market now suffering, as a result, our dependence on fossil fuels must be reconsidered. Not only to avoid the volatility of this market but to move towards a greener energy market, whereby we make the transition to renewable energy. This would be both beneficial for our economy and our goals for achieving net zero emissions by 2050. Is switching to renewable energy possible? As the UK has set out policies to decarbonise all sectors of the UK economy and to achieve a net zero target by 2050, electricity must become renewable. According to recent statistics from the year 2020, renewable energy sources made up more than 43% of the UK’s total electricity generation. So, although we are on the right track, work is still required. The positive trend does indicate that switching to renewables completely is 100% possible. The benefits of switching to renewable energy for businesses For businesses, making the switch to renewable energy offers the potential option for reducing energy costs and can even improve the reputation of the brand. The benefits of making this switch include: Stable energy prices Will reduce your company’s emissions Improves your brand’s reputation with consumers, particularly those looking to commit to companies that are conscious of the environment Exemption from the Climate Change Levy is a tax designed by the government to reduce carbon emissions among businesses. For those businesses that can not generate their own renewable energy (particularly smaller businesses that do not have the funding), switching to a green energy tariff is the second best option. It is important to do your research and recognise when a company is truly offering 100% renewable energy. Plus, in the current economic climate, it makes sense to switch to a green energy deal that will actually save you money. At D-ENERGi, all our electricity supplied from D-ENERGi Trading is sourced from UK based wind farms. Supplying 100% UK wind power. To get a quote from us today, simply get in touch.

Agreements and goals have been put in place by governments across the globe to achieve net zero emissions. The UK government was one of the first in the world to sign a legally binding agreement to achieve net zero emissions by 2050, and many other countries then followed suit. As campaigners and governments have explained, achieving these goals is not simply the responsibility of one group. Every individual, organisation, business, and government party should make this a top priority and take active steps to dramatically reduce emissions each year. Therefore, not only does net zero carbon emissions matter to the eco-conscious amongst us and the governments in power, it matters to all, especially businesses. Emissions from small businesses in the UK  Small businesses in the UK produce up to 50% of our country’s business-driven carbon emissions. Meaning they are a major contributor of the emissions this country creates each year. With this in mind, the government has introduced schemes and provided advice for small business owners to encourage them to introduce a decarbonisation strategy and take active steps in reducing emissions. One such scheme is The Together for our Planet campaign, introduced by Boris Johnson in May 2021. The campaign works to encourage small businesses in the UK to make a pledge to cut their carbon emissions by 2050 or even sooner. The campaign will then continue to support these businesses in achieving their own goals by providing resources, advice, guidance and new opportunities. The UK Business Climate Hub has been created as a resource for businesses, with upwards of 3700 businesses already having made the pledge. Actions businesses can take to reduce emissions There are several small steps a business can take to reduce emissions. Below are just a few smart ideas: Encourage employees to take part, creating an eco-conscious workplace Recycle Switch to LED lighting Improve the energy efficiency of the business premises Install a business smart meter – which we can provide at D-ENERGi Minimise waste from your products Cut down the use of fossil fuels and switch to renewable energy sources   Why make the pledge? As a small business owner, you may be wondering – what’s the point? Well, the most important point is helping the UK on its path to achieving its net zero goal. However, there are also many other benefits that your business can gain from making the pledge to reduce emissions. As the Business Climate Hub points out, cutting your business’ emissions can actually help you grow your business. In a world that is increasingly eco-conscious and consumers are more aware of the impact their buying decisions have, choosing to make the pledge will give you a competitive advantage, while also helping to cut your costs. By making this decision now, rather than later, you will also be prepping your business for the future. As the UK government makes plans to move away from fossil fuels, stopping the sale of new petrol and diesel vehicles by 2030, having made the pledge you will be prepared for a green future.