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Are boardrooms green or yellow?
May 1st 2008

As energy price rises place an ever greater strain on UK industry, Chris Porter from Wind Direct explains that businesses don't need to spend anything in order to reduce both their electricity costs and their impact on the environment

Arecent survey amongst 50 of the UK's largest companies by Verdantix* revealed that thinking on climate change still has a long way to go to become aligned with boardroom strategy. Responses suggest that the primary barrier to action is unproven return on investment. To counter this, wind energy development specialist Wind Direct, who install large scale turbines for on-site generation, have swept away this excuse by providing businesses with turbines at no cost.

Governments the world over now accept that accelerated climate change is happening and that over-consumption of fossil fuels is the primary cause. Taking action is rightly a priority for government but as the media emphasise the global consequences, it is easy to overlook the fact that higher prices are seriously damaging the competitiveness of UK industry.

Do you have an unrecognised asset? The good news is that businesses can start by looking to turn a small space of land into a power producing asset without any investment risk. Porter has found that many of the companies he speaks to think green energy comes with a premium price tag. "The truth is that whilst it requires a level of organisational commitment – a wind turbine will not only reduce your carbon footprint it will save money and provide cost stability." For large energy consumers, wind must be the renewable of choice; the economics make sense and the volume of electricity produced is significant. Wind Direct's concept is to install one or more turbines on business premises and to supply the wind turbine's electricity directly into the site, selling the electricity produced on a long-term contract.

Detailed investigations of the constraints to putting up a wind turbine needs to be carried out. For example, Wind Direct usually keep 1/2km away from residential housing. After assessing the constraints, any company that still has a viable site is sitting on something of real value.

Who's leading the way? Wind turbines are becoming a more common sight around the country and a number of large electricity consumers are taking advantage of the benefits. Eastman chemicals started taking power from their 2 x 2MW machines in 2006. Maintenance & Procurement manager Paul Cooper is delighted with the outcome; "we got involved with Wind Direct because we saw energy prices increasing. First and foremost Wind Direct is giving us lower electricity prices". The Eastman turbines supply well in excess of 10,000 MWh of carbon free electricity each year, improving site competitiveness and reducing their carbon footprint.

Porter says "it's not just heavy industry who are benefiting, we are working with utilities, universities and commercial property developers; this year we are putting up the first large scale turbines on a UK airport, at Nottingham East Midlands Airport."

Delay will only increase costs Porter states that top management buy-in is paramount and many SMEs are benefiting because they are quicker to make decisions. Wind Direct is working with many companies but it is only a small fraction of those who could be benefiting from wind energy.

The cost of carbon emissions will have an increasing impact on our economy.

The Verdantix survey finds that companies who are facing up to the challenge have realised that the risks of inaction outweigh the costs of action.

Installing a large scale wind turbine will take a minimum of two years so businesses who want to secure future electricity costs need to get a move on.

The challenge to company directors is to lead and be decisive; to be green not yellow.

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