E.ON says UK industry could save £2.1 billion

E.ON has published the ReIndustrial Revolution report, presenting a new analysis of how UK manufacturers could reduce energy costs through efficiency, on-site generation, storage, and waste heat recovery.

• The report estimates £2.1 billion in cumulative gas cost savings across UK manufacturing from 2027 to 2035, with annual savings reaching £406 million by 2035 under independent modelling by Development Economics.
• The analysis covers energy audits, smart monitoring and management systems, on-site renewable generation and storage, and waste heat recovery; it also cites examples at Diageo’s Leven, Fife site and Reed Boardall’s North Yorkshire site, and notes polling of 502 UK business leaders showing 89% are likely to invest over the next two years.