Hospitals, universities, and other UK public sector buildings could together unlock more than £375m in annual cost savings by adopting clean energy technologies such as solar panels and low carbon heating systems, according to new research by energy giant Centrica. The savings, which amounts to over £5.6bn over 15 years – the length of a typical energy contract, according to Centrica – is identified in a study published yesterday by the company which assesses the potential benefits from the UK public sector investing in available green technologies. It found that if just half of UK public sector organisations across the healthcare, universities, and defence estates updated their energy infrastructure with on-site renewables and combined heat and power (CHP) systems, for example, they could slash emissions by eight per cent, saving 660,000 tonnes of CO2 each year. Moreover, those carbon savings could double with the injection of around 20 per cent ‘green gas’ in their fuel mix created from biodegradable material rather than fossil fuels, it estimates. The lion’s share of potential savings could be unlocked in the NHS, which on its own has an opportunity to save £187m each year – enough to pay the salaries of more than 5,800 nurses – by investing in green energy technologies, Centrica said.
Business Green 17th Sept 2019 read more »