Energy price uncertainty has negative effects on energy efficiency investments, says report
Energy efficiency systems are adversely affected by a higher level of uncertainty as far as energy prices are concerned, while higher prices of energy and CO2 emission allowances would actually benefit such investments, a recent study revealed.
According to the report written by two researchers from BC3 — Basque Centre for Climate Change, created by UPV/EHU, Ihobe and Ikerbasque, less uncertainty and higher energy prices and higher emission allowances encourage investment in efficiency. However, a temporary subvention, available only at a given moment, would also encourage the making of these investments.
Since prices for energy are not likely to go down in the near future (apart from electricity, where investments in renewable sources, such as solar and wind power might actually lead to lower prices at some point), installing an energy management system within one’s building will really become a must in the near future, and this is exactly what HeatingSave is all about.
Fully scalable from a single building to a large international network of multi-site businesses with multi-boiler heating/cooling systems. HeatingSave will efficiently and cost effectively manage and reduce your energy-related costs, as well as alerting you via email or SMS messaging of equipment failures and process warnings, enabling you to take action.
Furthermore, the automatic processing nature of the HeatingSave Intelligent Controllers maintain comfort conditions and allow for the utility bills and other manually input data combine with automatic data from our control systems. The advanced PC software gives users full control over the costs, CO2 statistics and graphical pyramid reporting of energy usage, making the whole energy management process a lot easier.