News Article

Energy savings worth over £3million have been identified in businesses across the North East, thanks to TNEI Services Ltd and its management of the business support programme, Midas. Funded by One North East, the Midas programme aims to help businesses manage their energy, waste and water usage.

Since the programme was launched in 2006, TNEI’s Midas team has visited over 700 companies and identified where £3 million savings can be made and to date, over £2 million of these energy efficiencies have been implemented.

One of the main triggers for companies to look at their energy usage is cost.  As fuel and energy prices have risen, more companies have become energy aware, this coupled with the potential for new legislation which will force businesses to monitor and meet targets for energy efficiency is encouraging companies across the North East to get their house in order.

So much is talked about carbon footprints, energy efficiency and waste management but few companies know how to practically effect the change required.

Here in the North East, we have one of the UK’s leading energy consultancies in TNEI Services, who with the MIDAS programme can offer free advice to guide businesses large and small through the maize of energy management.

TNEI works with businesses of all sizes in any industry or business sector to assess the whole operation and identify where savings can be made from energy use through to waste management.

When commissioned to carry out a Midas study, TNEI’s team of resource energy specialists carry out an initial inspection and audit of a business premise and its practices.  From this, an evaluation report is produced which can offer far reaching recommendations on how efficiencies can be made.  These can range from eco-design, effective use of renewable energy, industrial symbiosis and waste management.

The site visit and initial consultation are completely free.  If a project requires further expert investigation or consultancy, Midas can broker the services required and provide up to 60% support funding to cover the costs.

To find out more about energy management or to arrange a free consultancy visit, businesses should contact the MIDAS team at TNEI on 0191 211 1412 or e-mail midas@tnei.co.uk

Mark Armstrong, project manager at TNEI and MIDAS project coordinator explained: “TNEI has worked hard to implement the MIDAS programme and the £3million identified savings demonstrate this.  All businesses in the region should seize the opportunity offered by MIDAS to get themselves energy audited.”

Ray Waters, sustainable resources specialist at One North East, said: “Resource efficiency is a critical issue for all businesses and for the regional economy as a whole, and Midas is one way for companies to look at where they could make savings. We’re delighted that the Midas project has already helped so many businesses in the region to become more competitive, more resilient to change in the price of energy and raw materials, and to show that they’re serious about issues like climate change.”

ENDS