Buchanan's call to tap demand reduction could save consumers £16bn
- Published on Tuesday, 19 February 2013 14:58
- Posted by Vicki Mitchem
In his article in The Daily Telegraph today Ofgem Chief Executive Alistair Buchanan focused on the role of gas for generation, but one line at the end of his article provides another key solution to addressing our challenging energy future, "tapping energy demand reduction".
Two independent reports commission by the voice of the networks, Energy Networks Association (ENA) have shown that an integrated smart grid could save between £11-16bn out to 2030. The reports commissioned on behalf of Department of Energy and Climate Change and carried out by Imperial College and EA Technology Ltd looked at how the deployment of smart technologies would save money for consumers
ENA Chief Executive David Smith said,
"Buchanan is right to highlight the concern of energy security and the role of demand reduction efforts to help that. Reports have clearly shown that delivering technologies to support a smarter network would benefit consumers and save money.
"When talking about a focus on energy efficiency, an integrated smart grid is vital. It would go a long way to reducing the investment needed in infrastructure, supporting the growth of intermittent renewables and improving the use of small scale generation from our homes."