nuclear-news

Utilitywise, the independent utility, energy and water cost management consultancy says that implementing energy efficiency makes much more sense for the UK than developing Hinkley Point C nuclear power project.

The cost of implementing energy efficiency measures is estimated to be less than £6 billion, while the construction of the new nuclear plant Hinkley Point C is expected to cost around £18 billion.

The company’s strategy and innovation director Jon Ferris said the controversial nuclear power plant represented an “unnecessary expense,” believing better strategy in terms of technologies such as heating, for example, would be a better option.

“Consumers are increasingly looking at energy efficiency to reduce the impact of levies that are contributing more and more to the cost of electricity consumption.

“Not only can individual businesses make significant financial savings, but the UK could offset more than the expected output from Hinkley Point C by taking all the opportunities to save energy,” he said.

The consulting firm which carried out audits for around 200 UK businesses as part of the Energy Savings Opportunity Scheme (ESOS) found that more efficient lighting and heating improvements would reduce energy consumption by more than 460 GWh.