Energy saving projects receive £28 million boost from BEIS

The UK Government’s Department for Business, Energy & Industrial Strategy (BEIS) has recently committed £28 million for energy innovation projects in order to help bring down energy costs, a news report has revealed.

The funding covers a series of energy innovation projects and will be invested in smart systems, industrial energy reduction and offshore wind. This forms part of the government’s commitment to double support for energy innovation, up to £400 million per year in 2021.

Up to £9 million will be spent on a competition to reduce the cost of energy storage, including electricity, thermal, and power-to-gas storage and up to £600,000 for feasibility studies for projects that can store energy on a large scale, for use when it’s needed.

To reduce the cost of energy for industry, the government will also invest around £9 million in a competition for ‘industrial energy efficiency accelerator’. The competition would help to find new ways of improving the energy efficiency of UK industry, helping to develop industry-specific options for a low carbon future.

Minister of State for Climate Change and Industry Nick Hurd, commented: “Innovation in energy will play an important role to shape our low carbon future to rebuild an outdated energy system. That’s why we’ve increased our financial support, helping to create jobs and opportunities for people across the UK. Our Industrial Strategy green paper seeks views on how we can support these emerging technologies, ensuring we drive growth and develop international partnerships across our world leading research, science and innovation sector.”

In order to achieve significant energy savings, companies will certainly require very effective energy management systems to be put in place, and that’s exactly where the HeatSave programmable wireless thermostatic valves can really come in handy.

The HeatSave wireless thermostatic valves represent a great energy saving solution. That’s because the TRVs can help customers slash their energy bills by up to an impressive 30 percent by allowing them to thoroughly control the heating patterns for every single one of their radiators.

Moreover, it’s quite likely that the hospital could benefit from the financial advantages provided by various Government schemes, given the fact that the HeatSave valves represent an approved measure to control radiators under several accredited programmes.

If you want to find out more about the HeatSave wireless programmable thermostatic radiator valves, get in touch with our dedicated product team, they’ll be more than happy to answer all your questions and queries.