Taking energy saving measures has become one of the top priorities for companies within the food and drink manufacturing sector.
A new report from Siemens Industry found that 70 per cent of 600 board directors, senior management and energy managers said they have noted improvements thanks to a number of energy saving measures they have taken. Siemens' The Future of Energy: The UK Manufacturing Opportunity highlighted the importance key decision-makers are placing on the need to manage their energy costs.
The research noted that 77 per cent of food and beverage manufacturers consider energy as a business critical issue with 64 per cent planning on increasing their investment in this area over the next year. As the market becomes more competitive companies need to put themselves ahead of their counterparts and energy management has been highlighted as a key aspect.
Food and beverage firms were found to be among the sectors which are investing heavily in energy management. Siemens stated that the chemicals and pharmaceuticals, aerospace, glass and solar and automotive and metals sectors were also committed to improving their energy options in the coming years.
Steve Barker, head of energy efficiency and environmental care at Siemens Industry, said: "Progress in terms of instigating long-term strategic planning is to be applauded, but the real reward for food & beverage businesses is evidenced in the bottom line, and the 70 per cent who say it has improved as a result of energy management measures."
Energy prices have come under the spotlight in recent months. Figures from the Department of Energy and Climate Change released in August showed that household energy bills were rising faster in the UK than most countries in the developed world. Only Ireland, which saw a 24.7 per cent hike in prices, was above the UK's 23.5 per cent price increase.