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Energy Savings Opportunity Scheme (ESOS)
FromEnvantage Ltd
The Energy Savings Opportunity Scheme (ESOS) is expected to help reduce business energy costs by a total of £1.6 billion by 2030. ESOS is a mandatory energy assessment and energy saving identification scheme for large undertakings and their corporate groups. Under the scheme, which applies throughout the UK, businesses will be required to look closely at their energy usage to identify cost-effective energy savings. About 9,400 large enterprises will be required to calculate their energy use from next year under a major new scheme being rolled out by the government that aims to slash power costs and carbon emissions across industry. The Energy Savings Opportunity Scheme (ESOS) which demands all organisations outside the public sector with more than 250 employees undertake energy audits once every four years in line with the EU’s Energy Efficiency Directive.
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The government hopes that by mandating businesses across a range of sectors to measure their energy use, they will then take simple steps to curb demand.
Its impact assessment shows the scheme could deliver an average energy reduction of 0.7 per cent for businesses, delivering total savings of £1.6bn over the period to 2030.
