Energy efficiency gives economy £1.7bn boost
Energy efficiency investments delivered a £1.7bn improvement in the productivity of the UK economy between 2010-15, according to the Association for Decentralised Energy (ADE). On Friday 18 November the organisation published its 2016 UK Energy Productivity Audit. It said that last year the UK had spent around £140bn on energy––equivalent to 7.6% of GDP––but that the efficiency of electricity supply had improved by only two percentage points in the last five years. It concluded that more significant energy productivity improvements were needed for the UK to meet its long-term climate goals. ADE director Tim Rotheray said the industrial strategy provided a key opportunity to implement new policies.