UK and India to create research fund for improving building energy efficiency
The UK and Indian governments have recently announced a joined initiative to create a massive research fund for improving building energy efficiency.
The £7.4 million research fund is part of a wider UK-India research and trade agreement and will support various technology and science initiatives addressing “a range of global challenges”. The funds will be invested by Research Councils UK to focus on “energy demand reduction in the built environment” in an attempt to “improve health and wellbeing and lower energy costs for building users”.
“The future of science and innovation depends on collaboration and India continues to be a vital science partner for the UK.
“Through the Newton Fund we’re working together to improve the lives of millions across the world and we are continuing to look at opportunities to expand this partnership to include joint funding for social science and humanities programmes,” said UK science minister Jo Johnson.
HeatingSave – improving building energy efficiency at a very low initial cost
Energy management systems might represent a sizeable investment for any company, but the rapidly rising energy prices can actually deliver a very rapid return on investment, experts in the field have argued.
A recent paper on this topic has argued that over half of firms have appointed a senior director to manage energy spending and implement energy efficiency measures.
The range of energy saving programmes directors can vary largely, depending on the available funding, the company’s size, premises, site specifics.
However, regardless of the particular approach, directors who are serious about slashing their energy bills will need to consider retrofitting their premises in some way, whether we’re talking about putting in renewable energy measures or more complex Building Energy Management Systems.
An energy management and monitoring system can help companies stay on top of their energy usage and reduce their overall bills by running their light/heating systems in an optimum manner.
If you’d like to find out just how easy it is for your company to cut carbon emissions and save in excess of 30% on your energy bills, then contact us, and we’ll be more than happy to provide you all the necessary information.