TCEC – Why use the imop?
Demand for electricity is expected to increase over the next ten years but capacity will not increase in line with requirements. In some countries, this is already a major problem. In South Africa, Dubai and India the electricity supply is frequently disrupted or even turned off because of national power shortages.
In Europe, the pressure is on governments to be able to generate enough electricity and still satisfy the carbon emission targets set by 20-20-20. But with renewable resources still unable to contribute anything but a fraction of electricity requirements, governments have added another strand in their strategy to avoid an energy crisis.
Instead of producing more electricity, penalise anyone who is perceived as wasting it. Force businesses to reduce their electricity consumption or make them pay the price. Enforce stricter controls on inefficient equipment and encourage a more energy-efficient approach to replacement technologies. Add in stringent carbon tariffs to encourage green consciousness or, again, make companies accountable for their ‘excesses’.
In the UK alone, energy prices are set to rise by as much as 25% by 2020 — and may spike even higher in the interim. With a guaranteed return on investment of less than three years, can any business user afford not to consider an imop?