Energy Management & Renewable Energy

Before you can start trading energy, you need to know how you are using it.  At the start, data analysis will help, but on an ongoing basis you need to maintain good energy management – which will ensure that any initial savings are retained, and investments are targeted at the right areas.

Energy improvements are often focused on renewable energy.  Options on the South Bank are quite limited – no-one will let you put a large wind turbine alongside the London Eye – but there are some that will work in the area.  The BankEnergi team can explain which.

Energy Management

There’s a real problem that some companies want to save energy and lower emissions, but do it in a piecemeal fashion, adding bits of kit on a more or less unplanned basis.  Good energy management requires more than that.  It needs commitment at all levels to ensure that savings stick and investments achieve the expected returns.  A classic energy management system (such as one in line with ISO 50001) will:

  • Determine management responsibility
  • Undertake an initial energy review, clearly setting out the scope and boundaries (it may be focused on energy efficiency, or may also include renewables, procurement and energy trading)
  • Select energy performance indicators and calculate an energy baseline
  • Ensure the system is communicated and documented
  • Have a process for corrective action
  • Be subject to regular evaluation and management review

Good energy management should identify areas requiring action, and provide justification for any capital expenditure.  The BankEnergi team can help you set up or maintain a working energy management system.

Renewable Energy

For electricity, there’s only really one answer – PV (photovoltaic panels).  In an urban area like the South Bank they will typically need to be roof mounted, although ground level car parking areas may be suitable, if not overshaded.  As most roofs are flat, they can be angled South – but again, be careful that they get as much uninterrupted sunlight as possible.  PV works well with battery storage, so that it can be captured and used at a rim when demand (and prices) are high.

Renewable heat may be a better solution – either through heat pumps or pre-heating water from the sun (solar thermal).  Ground source heat pumps will work where there’s a new building that can use vertical boreholes – the area typically lacks space for shallower trenches.  And air source heat pumps can work anywhere: there’s more about these in the heating and cooling section.

Solar thermal is a great technology for organisations with a high demand for hot water, including hospitals, hotels and halls of residence.  Used mainly to pre-heat water, it can significantly reduce costs in summer.

If you are based on the South Bank in London, and think that you could benefit from a free energy review that will look at both energy management and renewable energy opportunities, as BankEnergi is currently funded through the UK Government’s InnovateUK programme, then please contact us by email or by completing the form on the contact page.  We’d love to hear from you!