Financing your low-carbon future
It is estimated £100 billion of private-sector investment is needed from now til 2020 to replace the ageing electricity infrastructure with a more diverse and intelligent localised energy grid. The UK’s current supergrid infrastructure is inflexible resulting in dependence on interconnects to adjacent European and Irish electrical grids.
Energy management is a valuable means to address this challenge. It improves the UK’s security of supply by reducing peak energy demand and decreasing the need for energy imports. Furthermore, it helps to reduce carbon emissions in a cost- effective way and thereby to mitigate climate change. Through investment in proven energy-efficiency technologies, the UK can solve its energy trilemma … the critical interplay between carbon emissions, the security of energy supply, and energy costs.
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