A recent report published by University College London (UCL) finds the vast majority (72% and 92%) of public sector energy efficiency improvements would not have taken place without Salix financing.
Source: Click Green
The Climate Group, which is hosting its annual Climate Week NYC in New York, has called on every city and utility around the world to schedule the switch of their street lighting to LED by 2025.
Leading low carbon retrofit company, Energys Group, is encouraging further education colleges in England and Wales to take advantage of a specialist fund for energy-efficiency upgrades available from Salix Finance.
Source: EnergyZine
Investing in sustainable features increases the market value of shopping centres in the UK over 5 per cent, according to new research from the British Council of Shopping Centres and its research partner CBRE, the global real estate advisor.
The research, undertaken by CBRE, spanning 35 UK shopping centres utilises valuation modelling to investigate the dynamic between energy efficiency, and associated costs, versus shopping centres’ asset value in relation to the premature scrapping of high energy equipments and replacement with new energy efficient kit. The concept is designed to decipher the impact on rents and yields for occupiers and owners of shopping centres, coupled with highlighting energy risks and driving sustainability awareness.
The results, which are backed by EU data, are most pronounced for older shopping centres (those over 25 years old) with potential gains of over 5 per cent. For an average £100m shopping centre in the UK, this translates into a new market value of at least £105m when energy-intensive equipment is replaced with new apparatus that offers energy-saving features as standard. For relatively modern centres (less than 5 years old) the analysis shows a value gain of over 1 per cent would be realisable. In essence, failure to undertake energy efficient investments, in whole or in part, would risk effective loss of value of £5m.
Energys Group – leaders in energy efficiency solutions for the education sector with a focus on LED and T5 lighting solutions – has delivered a retrofit lighting solution to the Bedfordshire East Multi Academy Trust (BEMAT). The project has been funded through an operational lease from Utility Rentals.
Source: The Energyst
The Competition & Markets Authority has suggested that the UK’s small businesses are overpaying on energy bills to the tune of £500 million per annum.
With many businesses well on their way to compliance in the first stage of ESOS (Energy Savings Opportunity Scheme), attention is turning to the next steps to take once the deadline of 5th December 2015 has passed. Energys is advising participants on how to use retrofit technologies to turn the opportunities identified by the scheme into the means for long-term energy savings.
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