business

A shopping centre in Hull has managed to cut its energy consumption by 35% through a series of efficiency measures across the site.

Companies signed up to the Energy Savings Obligation Scheme (ESOS) stand to save an average of over £1 million per year according to the National Energy Foundation (NEF).

The UK government has responded to criticism and announced that a special share will be created within the UK Green Investment Bank as it moves into private ownership.

Funds from the Green Investment Bank (GIB) are to be used by an NHS Trust to improve the energy efficiency of Salford Royal, potentially saving the hospital around £2 million off its annual energy bill.

Over four hundred firms under the Carbon Reduction Commitment (CRC) energy efficiency scheme are to be refunded some of the value of their purchased allowances after an administrative error meant they were overcharged.

Thousands of UK firms have missed the final deadline for compliance with the government’s mandatory energy efficiency scheme ESOS despite a final surge in notifications.

Firms across all sectors have until the end of the day to fall in line with the Energy Savings Opportunity Scheme (ESOS), or face the prospect of enforcement action.

The UK government has continued to build support behind electric vehicles after announcing £40 million in funding for UK cities around the country to develop new infrastructure for ultra low emission vehicles.

With more than 85 manufacturing facilities around the world and a target of being ‘net zero energy’ by 2020, the Kingspan group of companies has its work cut out. A switch of lighting systems at one facility however helped it save 91% of its annual lighting costs.

At least one in four small and medium-sized firms have reduced their production costs through efficiency measures according to a new survey from the European Commission.