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Energy efficiency decisions are made in the boardroom of one in three manufacturing companies, according to a survey by industry body EEF and Npower.
Nearly all (96 per cent) are motivated to consider energy efficiency measures by the potential to lower energy bills and almost two thirds by carbon reductions.
Wayne Mitchell, director of industrial and commercial sales at Npower, said: “Good energy management happens in the boardroom.”
Of nearly 200 manufacturers surveyed, two thirds said long payback periods were a barrier to investment in energy efficiency.
EEF called on government to review the Enhanced Capital Allowance Scheme and reintroduce the Industrial Energy Efficiency Accelerator programme to help overcome that barrier.
Gareth Stace, head of climate and environment policy at EEF, said: “Managing higher energy costs whilst maintaining international competitiveness is one of the biggest challenges facing manufacturers today. The most advanced companies are systematically addressing inefficiencies in their buildings and processes to try and mitigate rising costs that come straight off the bottom line.”
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