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Energy saving concerns revealed due to political uncertainty

13 June 2017

Results from a survey conducted by British Gas Business have revealed that difficulty in gaining investment in energy-related technology is increasing.

Political and regulatory uncertainty are the main causes of this, according to 48% of respondents, while 35% said they are struggling to convince management to release capital to fund new energy-related technology.

The responses were gained from a survey conducted at the Energy Live Future conference, held at the Leicester National Space Centre last week.

Over 200 of the UK's largest energy users and experts took part in the study.

A further result from the survey revealed that 38% said reducing energy costs remained one of the main issues for large organisations.

Concerns over political uncertainty were explained as being due to the results of the General Election and the ongoing Brexit negotiations.

Delegates were also asked their opinion on what would be the biggest energy trend in the next decade and 56% said this would be battery storage.

This was followed by the Internet of Things and demand-management technology, according to 31% of responses, and 12% who thought on-site energy generation would become more popular over the next 10 years.

British Gas Business used the event to propose three main principles of energy management:

        - Smarter buying of energy;

        - More intelligent use of energy resources;

        - Use of on-site generation or demand-management technology to gain greater control of energy usage.

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