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Do your bit for Earth Overshoot Day – make one change to your energy management.

By Miranda Murphy-Merrydew | Posted July 24, 2019

This year Monday 29th July marks Earth Overshoot Day, the day when humanity’s demand for ecological resources and services in a given year exceeds what the Earth can regenerate in that year. We maintain this deficit by liquidating stocks of ecological resources and accumulating waste, primarily carbon dioxide in the atmosphere. Each year the date inches forwards as we continue to demand more and more of the earth’s finite materials.  

The date is calculated by the Global Footprint Network, an international research organisation that provides decision-makers with a menu of tools to help the human economy operate within Earth’s ecological limits. And, with 60% of our eco footprint consisting of carbon, energy is highlighted as one of 5 key areas where business and organisations can make a big difference, alongside cities, food, planet and population. [1]
 

Energy in the circular economy

Energy offers a wealth of exciting innovation as we move to an increasingly mixed range of energy sources and technology. Through renewables, flexibility, low carbon and storage, energy has evolved to the circular rather than linear model- consumed, stored, reused and traded back and forth as opposed to simply produced, consumed and wasted. Reliance on fossil fuels is dwindling and the increased commitment to electrification is making the system cleaner, greener and smarter as we endeavour to hit our Paris Climate targets and solve the climate crisis. 
 

Make one change to #movethedate

While our planet’s resources are finite, human endeavour and possibilities are not. The pocket sized communications device you use to access the world was unheard of twenty five years ago, before mobile tech would undergo a seismic shift to become the gateway to the world’s collective knowledge. Equally, there’s technology on the horizon that we haven’t even dreamed off yet that might just mean we achieve success in reversing the catastrophic effects of climate change. But this can often feel unobtainable or intangible in practical business terms. How do you get there?

There are in fact 3 practical steps you can make today to reduce your carbon footprint, go circular with your energy whilst driving revenue from your energy management. How? Through flexible energy management:

  1. Shift the way you see low-carbon electricity, from a mandatory ‘cost’ to a valuable ‘commodity’. You can buy it, manage it and sell it as you would other commodities.
  2. Shift the way you use low-carbon electricity, from a utility you passively ‘switch’ on and off to one you can actively ‘flex’. You can use energy in a way that powers business as usual whilst earning savings and revenues.
  3. Shift the way you think of your business, from a ‘consumer’ of low-carbon energy to a ‘prosumer’ of it. So you can produce and use your own energy, and even store it to use when it’s cheaper or sell it when it’s more valuable.

 

How we can help

We can help you flex and share your energy to power business growth whilst protecting the earth’s resources. We can help you choose the best flexibility change for you to make to your business. Then we can implement that change and manage the payback, leaving you free to put the value it unlocks to work in growing your business. That’s because EDF Energy has the end-to-end energy solutions, capabilities and expertise to partner your business on your end-to-end energy journey. One change at a time.

The good news is that positive change is possible right now, it is also economically beneficial and our best chance for a profitable future.

Read our guide and our handy infographic to flexing your energy for a better future.
 

Make your change

If you’d like to talk about what change is right for your business to flex right now, get in touch with us at:

energysolutionssales@edfenergy.com

or call us on 0800 068 7171

To find out more about our energy solutions, visit: edfenergy.com/energysolutions

[1]
Source: https://www.overshootday.org/

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