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Editor: David Keighley
12th February 2015

Are recent falls in the price of fossil fuels making businesses think twice about investing in energy efficiency projects? Project management specialist Lorien Engineering Solutions, which tracks fuel prices through its Energy Index, is concerned that lower fuel costs could actually stimulate an increase in fossil fuel use at the expense of renewable energy projects.

While lower energy prices are expected to have a positive effect on UK GDP during this year, Lorien's sustainability consultant Tom Jordan says this could diminish the headway made in driving energy efficiency and the take-up of renewables.

He says: "Lower energy prices shouldn't be seen as a negative when considering the current attractiveness of renewables, which benefit from schemes such as Feed-in Tariffs and the Renewable Heat Incentive."

You'll find more information on this topic here.


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David Keighley

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