Brexit could add some £350m to UK energy bills, according to The Telegraph. Doubts over the future operation of the energy market, along with increased financing costs may well lead energy companies to demand greater subsidies to build and operate power plants. The much-debated ‘capacity market’ scheme; the policy the government hopes will encourage construction of new gas plants to replace older coal and nuclear stations, is now under increased uncertainty. One estimate is that securing sufficient power plants would have cost £2.1bn in subsidies, but this figure is now likely to go up by a further £364m.
So increased energy costs and a further jeopardised reserve power level could well be on the cards as the year progresses, but the uncertainty of your organisation’s continuous power supplies need not be so precarious. As the UK’s leading technical experts in standby power, uninterruptible power supplies and combined heat and power systems, shentongroup is a British family-owned-and-managed business, committed to helping UK businesses and with exceptional reach throughout the length and breadth of the United Kingdom. With our head offices in Andover Hampshire, we’ve satellite offices in London, Edinburgh, Lowestoft and Leamington Spa, meaning the opportunity to sit down with a shentongroup expert to discuss your organisation’s continuous power strategy couldn’t be more straightforward.
shentongroup also maintains an array of depots across the country, so you can be sure that, whether you run a combined heat and power system, or rely on back up generators and uninterruptible power supplies, a member of the shentongroup team is never far away with a backup generator or replacement part at hand.