Ireland’s largest energy users saved €14.5 million in energy costs last year, that is according to the annual review released today by the Sustainable Energy Authority of Ireland (SEAI).

The review shows that the reduction in carbon emissions achieved is equivalent to taking almost 30,000 petrol or diesel cars off Ireland’s roads.

This review presents the energy performance of the SEAI Large Industry Energy Network for 2017. The Network has over 200 member companies, including food and drink companies like Kerry Group and Diageo, pharmachem companies like Pfizer and GlaxoSmithKline (GSK), electronic companies like Google and Microsoft and many other large multinational and Irish owned companies. Collectively they employ 138,000 people and account for one fifth of Ireland’s total primary energy use. The members have made a commitment to reducing energy use across their business.

The review shows the continued improvement in energy performance among the country’s biggest energy users against a backdrop of growing business outputs.

Almost 40% of network members are certified to the international energy management standard ISO 50001. Through deeper and more structured engagement, they have achieved a 22% reduction in total primary energy requirement, delivering further savings and reductions in emissions.

The results in this review are further evidence that investing in energy efficiency is as much a good businesses decision as it is a socially responsible one. Our Network members account for more than one fifth of all the energy produced in Ireland. They have been leading the energy transformation of Irish industry for decades and are seeing the dividends of their investment in energy efficiency appear on their bottom line.
Jim Gannon, Chief Executive of SEAI

Jim Gannon continued;

“This leadership provides clear case studies for other businesses to follow, and has also built a hugely experienced and valuable Irish supply chain that can help execute these projects.

As the realities of climate change become clearer to us all, it is particularly important to highlight what work is being done by energy leaders across the country. Investing in sustainable energy is increasingly being perceived as a good use of capital, that locks in long-term savings. We look forward to continuing our support to Irish business as it reduces its consumption and decarbonises its supply.”