Generating interest in renewable energy

Carbon Trust Advisory analysis has found that businesses that invest in renewable energy could make average returns of 11 to12%, with the potential for returns in excess of 20%. According to the findings, new financial incentives, energy market trends and building regulations are combining to create a compelling case for UK businesses to generate their own renewable energy.

The Carbon Trust says that with energy prices set to grow by up to 37% by 2020, the opportunity to reduce utility bills is a strong incentive for investigating renewable energy options.

Anaerobic digestion (AD), wind, biomass heating systems and ground source heat pumps are attractive and practical renewable energy technologies for UK businesses, the report reveals.

However, there is a wide variance in returns, with different factors determining overall effectiveness.

The Carbon Trust Advisory interviewed companies to find out about the challenges, opportunities and best practice associated with implementing renewable energy measures. Industries with the most to gain include manufacturing, utilities, retail, and hospitality.