Energy affordability is one of the most critical issues facing manufacturing today. EEF’s 2014 Executive Survey confirmed that rising input costs are perceived as the biggest threat to growth and UK manufacturing faces considerable challenges meeting rising energy costs in comparison to its major EU and other competitors.
With this in mind, EEF and npower have surveyed nearly 200 manufacturers to understand which energy issues are perceived as the most significant and, importantly, to understand how manufacturers are responding to these trends and the challenge they face to manage a future of higher energy costs while maintaining international competitiveness.
Our survey shows that these higher costs are driving companies to look again at opportunities for energy efficiency. The question remains whether savings through efficiency measures will offset spiralling bills.
In partnership with: