Npower has reported that energy risk - particularly in terms of security of supply and supply costs - has been identified as the top risk major business energy users are facing, above legislation, security and health & safety. Added to this, many believe it is the government’s responsibility to help reduce instability through funding for self generation projects and demand management tools to bridge the supply gap and keep the nation’s lights on.
These were some of the key findings of the npower Business Energy Index (nBEI), an annual report tracking business opinion on energy use, energy risk and carbon emissions.
According to the report, when asked what was of most concern in relation to energy within their business, supply costs came top with a risk ranking of 6.6 out of 10, followed by security of supply with a ranking of 6.1.
However, despite an energy risk being identified as a top concern, one in six major business energy users still do not have a policy in place to manage it - although 91% do have one in place for health & safety, a more ‘traditional’ business risk.