According to Clean Energy News, the survey was conducted by PricewaterhouseCoopers and gathered input from more than 500 businesses in the UK, which indicates that
more than a third of industrial firms plan to invest more than one million punds in smart and distributed energy technologies over the next five years.
PricewaterhouseCoopers also found that more than 50% of the companies surveyed, would prefer the installation of these systems (eg. solar, wind, demand response, storage)
to be done by their energy supplier, instead of engineering and installation firms.
Steve Jennings, power and utilities lead at PwC said: “Costs are a prime concern for UK firms as is their lack of confidence in the speed at which returns will materialise. Unless addressed, these issues will continue to influence both the level and pace of smart energy adoption across the UK business community,”
Based on the survey findings, Jennings believes thatenergy companies would have a “major role” to play within the wider smart energy transition in the commercial and industrial segment.
The survey also found that approximately 60% of firms were concerned about “energy prices and associated taxes and levies, a figure which was particularly pressing among industrial and commercial businesses.”
Jennings added: “Although only around a fifth of industrial customers intend to significantly reduce their dependence on the grid, this represents a significant challenge for the network planners and operators responsible for delivering sufficient levels of capacity, flexibility and balancing to accommodate these large occasional users, who in many cases will also be exporting back into the grid.”
Furthermore 74% of SMEs cited price as the primary reason for firms to have switched energy suppliers.
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