28 Jun
The Hidden Costs of Energy Waste
Posted on Jun 28, 2023
by D-ENERGi
What is energy waste?
Energy waste is an accumulation of energy that has been produced but has not been used and is subsequently left for waste. While it has not been used, the creation of energy waste still produces greenhouse gas emissions and pollution which is causing greater damage to the planet.
Why should businesses be concerned about wasted energy?
Businesses in particular, play a huge role in the creation of energy waste. In fact, according to research conducted over the last few years, companies across the country have wasted enough energy to power the whole of London for seven years! Costing businesses up to £30 billion annually. A shocking 30% of wasted energy is estimated to come from commercial buildings only. For businesses, these are not only worrying figures but costly ones too. Certainly setting off alarm bells in the ears of business owners and organisations who are at the forefront of the country’s mission to achieve net zero emissions.
In order to save on energy consumption and energy costs, energy waste must be a concerning factor in the development of a business’ approach to tackling the energy crisis.
The causes of energy waste
There are several different types of energy waste, but the main type of waste we are discussing is that created by businesses in commercial buildings.
This can be caused by a wide number of factors, all of which can be explained by a simple lack of understanding for preserving energy. Below are some of the key causes of business energy waste:
- The use of old lighting
- Slow and old technology
- Issues with heating and air conditioning
- Poor building insulation
- Excessive use of technology
Reducing energy waste in the UK
In order to reduce the amount of energy waste created within your business premises, there are several steps you can take. From creating an energy-saving culture in your workplace to investing into energy-saving solutions like LED lighting, new technology and improved insulation.
- Generating a positive culture towards energy-saving amongst your employees is a great step in the right direction. Encouraging positive energy-saving behaviours such as turning off lights and technology when not in use, to setting a regulated temperature on the office thermostat. All these small changes will help to not only reduce energy consumption, but energy waste and business energy bills too.
- Once you have established an energy-saving culture, you can turn your attention towards investment. With a budget available, you should consider improving your energy usage by investing in areas like lighting and insulation. Both of which will help to cut your energy consumption and minimise the amount of waste you generate as a business.
To keep a closer track of your energy usage and to ensure you are not overspending, or wasting energy, you may wish to consider a smart meter for businesses. At D-ENERGi we can arrange for you to have your smart meter installed, with the latest generation of SMETS2 or AMR meters now available. Find out more about the smart meter roll out here.
What is P272? P27what? You aren’t alone in the dark about P272. P272 is regarded as one of the biggest shakeups to the business electricity market since deregulation. Sounds more like a character out of star wars, but here are some facts on P272, which we have put together hopefully jargon free. If you unsure on how P272 affects your business please do not hesitate to contact us for free on 0800 781 7626, we will be delighted to help you further. You may also like to view our infographic and visit our support page dedicated to the P272 OFGEM legislation.
The Facts – What Is P272
P272 is a new regulation which has been implemented by OFGEM. It affects the way suppliers settle electricity consumption for businesses with a specified energy use. Resulting in sites being changed to half hourly.
Remember, remember the 5th November… “Guy Fawkes?”. No, no… this is when the P272 migration began! The deadline for all sites to be settled to Half-Hourly is 1st April 2017. Don’t be fooled by the date, it really is 1st April! Also, don’t be put off by the 2017 threat – it’ll be here before you know it!
The settlement is being put in place in order for suppliers to balance the amount of energy being purchased from the Generators. The aim for P272 is to make the readings more accurate via the half hourly consumption. This will provide distributors with more understanding on electricity use. This results in networks ensuring they are sufficiently developed and maintained.
Ultimately, P272 helps you and your business manage and also use the energy smartly. It gives you the opportunity to see where and when you are consuming energy. Also, a more accurate settlement which could lead to better tariff rates… something nobody would say no to, agreed?
Now you (hopefully) have a little more understanding of P272 here is how to prepare:
Learn if your portfolio is affected.
Speak to your supplier, they will be more than happy to explore your options with you.
Select your Half-Hourly Meter and Data Collector.
If your business has a maximum demand electricity supply categorised by profile classes:
05 06 07 08
And you have an Automated Meter Reading meter of which is capable of HH data collection and remote programming. Just to let you know… 160,000 sites are affected so it is definitely worth double, maybe even triple checking!
“How do I check?!” I hear you say? Simple… you just check the S number at the top of your electricity bill to find out your sites profile class.
Believe it or not, P272 can be very beneficial for you and here’s why:
You receive accurate billing
It offers you the ability to avoid peak times of electricity use
It gives you an insight on your energy usage
It allows you to make room for an opportunity of improvement and efficiency
REMEMBER…
This is an OFGEM regulation affecting ALL maximum demand meters and ALL electricity suppliers equally. If you’re being advised P272 does not affect your business, please let us double check this for you.
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A Russian rocket blasted into space this month to investigate whether any methane gas is present on Mars, as part of the joint ExoMars project created by the European and Russian space agencies.
Methane is a gas created by living microbes, and if it were to be detected it would be a revelation in the space industry as it could prove that life exists or existed on the red planet, some 225 million kilometres away from the Earth (which is itself something of a shock, given that in 2003 Mars was a mere 56 million kms away).
We already know there is life-giving water on Mars. Just like the Earth it has ice caps, although the water they contain is more elusive. The American space agency NASA made a huge discovery in 2006 when it found there was water flowing through the planet in even the hottest months of the year, and that the ‘lines’ that appear on our satellite images of Mars are streaks of flowing salt water.
That’s when the questions ‘did life exist on Mars, and can we find out?’ really started to arise.
The ExoMars project involves sending up a Trace Gas Orbiter to sniff the Martian atmosphere for methane, and if the results are positive then this would establish that methane has been generated via geology or a biological process.
As part of the same mission, a stationary lander called Schiaparelli will test the technology for a subsequent mission – ExoMars 2018 – which will see a UK-built rover collect soil samples filled with water particles and drill below the planet’s surface to look for other signs of life. That’s when the search for Martian life will start in earnest.
These two projects combined will cost an eye-watering £900 million but isn’t it worth it for the chance to make one of the biggest discoveries of all time? What a time to be alive!
Planetary scientist Dr Peter Grindrod, from Birkbeck, University of London, who is funded by the UK Space Agency, certainly thinks so. “It’s incredibly exciting,” he enthused. “This is a series of missions that’s trying to address one of the fundamental questions in science: is there life anywhere else besides the Earth? Finding that life exists elsewhere in the solar system would be a huge discovery, so the evidence has to be strong. As they say, extraordinary claims require extraordinary evidence.”
Wouldn’t it be amazing to find out if there really is Life On Mars, or if there has been in the past. It’s astonishing to think there could be more than just us Earthlings in our solar system!
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