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the way on the path to net zero, facilitating the adoption of electric vehicles while making impactful changes through on site energy generation.
The reality is that energy from the National Grid is forecast to become significantly more expensive, driven not only by increased demand but by a whole range of non commodity charges. And these third party charges are unavoidable unless a business can generate its own energy or significantly reduce consumption.
Effectively shielding businesses from future energy price increases, the additional savings for sites moving to on site generation could be significant, up to a 30% reduction in energy costs.
Additionally, on site natural gas fuelled generation can be supported by use of green gas certificates or off set with carbon credits, ensuring it is also an effective means of reducing overall carbon emissions and importantly, the technology is hydrogen ready. Many businesses are in fact already using systems that are ready for the future introduction of hydrogen into the fuel mix.
Renewable energy sources will also play a key role for business parks in the years ahead. In addition to solar power generation
and battery energy storage systems, well suited to larger warehouses and other similar buildings, the situation of business parks means that wind and heat pumps are also viable options. These will complement gas and hybrid generation systems that can either part or fully operate on hydrogen fuel, supporting the UK’s legally binding targets for tackling climate change and decarbonising the grid.
Providing a stepping stone to a low carbon future, the adoption of on site generation and the savings it creates also makes strategic investment in new technology to decarbonise further, increasingly viable. Indeed, rather than paying unavoidable charges applied to energy bills for grid connected renewables, on site generation creates an opportunity for business park owners as well as individual businesses to invest in their own on site renewables in the future.
And of course, all of this will underpin increasingly important sustainability targets for business parks and their tenants as we
head towards a renewable and sustainable, carbon neutral future. 1
:
https://www.gov.uk/government/consultations/consulting-on-ending-the-sale-of-new-petrol- diesel-and-hybrid-cars-and-vans/outcome/ending-the-sale-of-new-petrol-diesel-and-hybrid-cars- and-vans-government-response
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