Energy Savings Opportunity Scheme (ESOS)
From Utility Management
In 2012, Article 8 of The EU Energy Efficiency Directive (“The Directive”) (2012/27/EU) stated the ‘large enterprises’ would be required to complete mandatory, energy audits once every four years. EU Member States were subsequently given until the 5th June 2014 to implement the requirements of The Directive and until the 5th December 2015 to have undertaken energy audits of all their ‘large’ enterprises. The Energy Savings Opportunity Scheme (ESOS) is the UK’s answer to these requests. The policy aims to minimise the cost of effective energy efficiency measures to businesses through compliance with the auditing process. The expectation is that this will increase the uptake of such measures across large organisations.
Potential Benefits of ESOS
Potential Benefits of ESOS
ESOS has targeted nearly one third of the British energy demand, and DECC has estimated that the scheme will produce a £1.6bn net benefit. Enterprises involved will be given the opportunity to reduce energy waste and identify cost effective savings. A reduction in energy bills translates to financial savings that can be reinvested across different business sectors to increase profitability. These savings will be identified through audits. Energy audits are a great way to highlight where your buildings can operate more efficiently and subsequently, where your overheads can be reduced. Whilst some may consider audits a burden, they are extremely useful for benchmarking, not only against your future performance but against other buildings within your group and best practice guidelines.
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