Industry & Business

ESB to Deliver €150 Million in Savings to Large Businesses

 Breaking News
  • UN Green Finance Network For Climate Change to Establish its European Hub in Dublin A major United Nations programme that encourages global financial centres to place sustainable and green finance at the heart of their operations and help fight climate change, is to establish its European base in Ireland. The new European secretariat will coordinate from Dublin a network of pan-European cities committed to the expansion of green and [...]...
  • National Food & Drink Business Conference and Exhibition 2018 – Citywest Convention Centre, Dublin – Wednesday, September 5th The National Food & Drink Business Conference and Exhibition 2018, Ireland’s premier trade event for the food and drink processing, packaging, ingredients and logistics industries, is being held at the Citywest Convention Centre on Wednesday, September 5th, 2018. The theme of the 2018 National Food & Drink Business Conference and Exhibition is ‘Collaborating for an Innovative [...]...
  • GMIT IHUB Extension Work Commences The first sod has been turned on the site of the new extension to GMIT’s Innovation Hub (iHub) at the GMIT Galway campus. The extension will double the size of the Innovation Hub to about 2,400 sq m, providing space for an additional three dedicated MedTech R&D units; 17 incubation units for start-ups in the [...]...
  • Northern Ireland Housing Market Continues to Perform Strongly The latest Quarterly House Price Index report from Ulster University reveals a relatively healthy housing market with strong but sustainable levels of house price growth over the last 12 months in Northern Ireland. Ulster University’s research is produced in partnership with the Northern Ireland Housing Executive and Progressive Building Society. Analysing the performance of the Northern [...]...
  • Research Technical Paper – Economic Migration and Business Cycles in a Small Open Economy With Matching Frictions The Central Bank of Ireland has published a Research Technical Paper. The paper, “Economic Migration and Business Cycles in a Small Open Economy with Matching Frictions”, by Matija Lozej, investigates how the domestic labour market of a small open economy is affected by migration and the implications this has on the business cycle of a [...]...

ESB to Deliver €150 Million in Savings to Large Businesses

ESB to Deliver €150 Million in Savings to Large Businesses
February 08
10:50 2018

Smart Energy Services, a business line in ESB, is to deliver €150 million in savings on energy costs for over 300 large businesses in Ireland and the UK by 2020, in response to growing demand.

Smart Energy Services provides consultancy, capital funding, energy management services and implementation of energy projects for businesses who are large users of energy. Since 2016, Smart Energy Services has already partnered with 200 Irish and UK companies to help deliver energy savings of over €55 million.

John Walsh, Head of Smart Energy Services at ESB said: “In response to a growth in demand from large energy users to reduce their energy costs, we are delighted to work with companies in Ireland and the UK to deliver over €150 million in savings. Since its launch in 2016, Smart Energy Services has gained considerable interest from companies with high energy demand and has become a real driver of growth for the overall ESB Group.”

ESB has also announced that it will fund €15 million in energy management and efficiency projects in 2018 to help deliver guaranteed savings of up to 60% for large businesses.

ESB has worked with businesses from a variety of sectors to unlock smarter and more efficient ways of reducing energy costs including with Tesco to overhaul the energy efficiency of its stores which has resulted in a 25% reduction in its energy costs across 148 locations in the Republic of Ireland.

ESB has achieved a 25% reduction in energy costs for Coral Leisure sports and recreational centres in Cork after implementing energy savings projects.

BWG Foods has partnered with ESB to deliver energy efficient lighting retrofits across its network of Spar, EUROSPAR, Mace, Londis and XL retail stores throughout Ireland.

ESB has also worked with the Dublin Airport Authority (daa) which is on course to achieve a 33% cut in its energy costs by 2020.

Smart Energy Services is a business line within ESB, offering businesses managed energy services through a partnership approach which leverages cutting-edge technology and funding solutions to reduce energy consumption and costs for the industrial and commercial sectors.

About Author

admin

admin

Related Articles

New Subscriber





Subscribe Here



Advertisements



















National Manufacturing Conference & Exhibition 2018

NIBRT Springboard Success Stories



Upcoming Events

  • No upcoming events
AEC v1.0.4