What’s driving businesses to invest in onsite generation?

Over three quarters of businesses in the UK and Ireland expect to meet at least a quarter of their electricity through onsite generation by 2025, while more than a quarter have already invested in onsite generation.

For many industrial users, the financial benefits of on-site generation will be the biggest motivation for investment – with energy costs steadily increasing, having a clean energy source on-site and the ability to create new revenue streams by participation in Grid balancing schemes could save some businesses hundreds of thousands within a year.  But there are also some non-financial drivers behind the uptake of onsite generation – having a back-up in case of an outage is crucial for some organisations, while others use clean onsite generation to meet their sustainability targets. 

Whilst the benefits of on-site generation are broad and the business case compelling, many industrial users simply do not have capex available to invest in new assets. That’s where AMP Clean Energy comes in – to date £50 million has been raised by the business’ dedicated funding vehicle for clean energy projects, deploying finance quickly and helping businesses to realise the benefits of clean, decentralised energy.  To find out more about our funding options, email us at [email protected].

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