Irish Energy Standard saves Irish businesses 100 million euro

17th September, 2009

Dublin, Wednesday 9th September 2009

Irish Energy Standard saves Irish businesses €100 million and leads the way in Europe

Large Irish businesses have saved over €100 million on energy costs since the introduction four years ago of the Irish Energy Management Standard, which forms the basis of the new EU-wide Energy Management Standard being adopted by the EU tomorrow (10 September 2009).

First developed by Sustainable Energy Ireland (SEI) and the National Standards Authority of Ireland in 2005, the Irish Energy Standard aims to aid large energy users to manage their energy usage and generate significant cost savings.  One of the first energy management standards in the world, the Irish Standard has heavily influenced the development of the new EU Standard and has already been adopted by close to 100 Irish businesses that together account for over four fifths of industrial energy use and CO² emissions in Ireland.  On average, Irish businesses that adopt the standard have reduced their energy spend by 7% in the first year, which on average equates to a saving of €500,000.

Leading Irish manufactures such as Pfizer, Intel and Glanbia were amongst the first to achieve the Irish Standard and will now be able to transfer to the new EU Standard with relative ease in comparison to their European competitors.  Many EU states have no experience of a national standard and will now be looking to countries such as Ireland for experience and support.

Commenting, Minister for Communications, Energy and Natural Resources, Eamon Ryan said: “Ireland has become known internationally for being ahead of the curve on advanced energy efficiency in large business, and the new European Energy Standard is further testament to this.  Irish businesses are already proving the huge financial gains available. We need to continue to ensure that Irish businesses are as competitive and energy efficient as possible and keep setting that standard in Europe.”

According to Owen Lewis, CEO of SEI, “Our experience has been that Irish businesses have been working hard to reduce energy costs and they are now being recognised internationally for this. We are developing expertise and technologies that will have huge export potential.”

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