Over the past few weeks in our series of articles on energy in manufacturing, we’ve explored some of the core considerations and issues for energy procurement and projects for UK manufacturers.
Now we want to hear from you.
We understand that every business will have its own challenges, goals, and priorities. To help develop a solid foundation to inform better energy procurement strategies across the sector, we want to know what matters most to you and your business. What energy-related challenges are standing in your way or holding you back? Where are the opportunities for growth? What do your future plans involve with regards to energy procurement? Your answers to these questions can help to shape the next stage of support for the manufacturing sector.
A quick recap of the series
We kicked off the energy in manufacturing article series talking about the pressures facing the sector, including evolving regulatory obligations and the adaptability required to combat rising costs and reputational impacts. The piece highlighted some of the key challenges for manufacturers when it comes to energy, as well as why it can no longer be thought of as just another utility.
Following on from this, we discussed the power and potential of smart energy. Optimisation and automation is a powerful tool for any business, but for manufacturers especially. Understanding smart energy as more than just a concept can help put more effective and efficient energy strategies in place to begin addressing some of the issues discussed in the first article.
We also talked about taking a more purposeful approach to energy procurement. Manufacturers have a number of options when it comes to procuring energy, and the best option for any business is often related to their particular goals and requirements. Understanding your options of different contracting structures and commercial models is one of the best ways to help regain control.
Finally, we provided an overview of Corporate Power Purchase Agreements (CPPAs). These agreements are forming a vital part of energy strategies for a growing number of manufacturers, but much like the other forms of procurement highlighted in the third article, a firm understanding of how they work, as well as their benefits and potential hurdles, is essential.
Why your feedback counts
Aside from providing a structured way for you to identify your own approach to your business’ energy procurement strategy, completing our short survey enables you to play an active role in shaping the future of support and guidance for energy procurement in manufacturing. The feedback you provide can help formulate more beneficial, practical resources for manufacturers, as well as shaping the perspectives and approach to potential future roundtables and tools. We’ll also share anonymised sector trends back with all participants, so you can actively observe what those within your sector are prioritising to obtain a multi-faceted perspective on future energy strategies.