The Independent

Saturday, November 21 2009

Irish

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Industry saved €24m in 2005 energy costs

By Pat Boyle

Friday October 13 2006

IRISH industry avoided €27m in energy costs during 2005, according to the latest Large Industry Energy Network report from Sustainable Energy Ireland (SEI).

The Large Industry Energy Network (Lien) consists of over 80 of Ireland‘s large industrial energy users, collectively accounting for about 60pc of Ireland's industrial energy use.

Because of the savings, Lien member companies avoided over 754,000 tonnes of CO2 equivalent output since the scheme began in 1995.

SEI's Lien is a voluntary networking initiative for large industrial energy users aimed at improving the management and efficient use of energy. Members, who have average energy bills totalling some €4m, share information on energy saving technologies and techniques to maximise savings and maintain competitiveness.

SEI chief David Taylor said energy efficiency is now a key business area for companies struggling with the mounting burden of rising energy costs.

Lien member companies set targets for reducing their energy usage annually and report on the activities and technologies contributing to their performance.

The report shows that in 2005, member companies avoided 4.2pc of potential energy requirements through the application of energy efficient initiatives. SEI launched its Energy Agreements Programme for Industry in May.

- Pat Boyle