Two professors have called on businesses to invest in technological solutions to tackle their energy costs. ZPN Energy offers just those solutions.
Energy optimization
Prof David Bailey, of the Business Economics, University of Birmingham, and Prof Phil Tomlinson, Deputy Director of Centre for Governance, Regulation, and Industrial Strategy (CGR&IS), at the University of Bath, have said in an article that businesses need to look at technology as a means to tackle their energy costs.
They said, “Some industries are already taking this step by experimenting with new digital technologies … to better anticipate and optimize their energy use.”
BEMS
ZPN Energy offers just such technologies. ZPN's Business Energy Management System (BEMS) optimizes energy use between self-generation, battery storage, and optimized grid use. The latter can include storing energy at night during off-peak rates to minimize overall costs and releasing it at times when electricity costs are at their highest.
ZPN's BEMS optimizes energy use between self-generation, battery storage, and optimized grid use
For larger business campuses and industrial estates, perhaps as a landowner’s carbon reduction strategy, ZPN also offers a Grid Energy Management System. This could be used for a multi-warehouse industrial unit or a small business estate, and allow leaseholders to minimize their energy costs as part of their tenancies.
Green New Deal
In a previous government role, the new Prime Minister sold off a lot of the UK’s natural gas storage units and the UK now cannot store gas in sufficient quantities to offset global gas price shocks. This lack of foresight means wholesale buyers now must pay through the nose to get hold of fossil gas to supply the UK’s needs day to day as a result.
The professors say that “this crisis is also an opportunity to rethink the UK’s long-term energy needs and to build resilience. In particular, the UK needs to get serious about a “Green New Deal” that weans both consumers and businesses off (imported) fossil fuels, and instead focuses on developing more renewable energy sources and reducing energy waste.”
energy management system
Essentially businesses need to invest in solar (and where possible, wind) generation not just to look good on their CSR but to save vast sums of money!
The elephant in the room here is that companies have moved a long way in the last six months from renewables being a ‘green thing’ to being the difference between a business surviving or going under. With eminent thinkers saying the same, isn’t it about time users invested in an energy management system?
