Show Will Help Companies Profit by Cutting Energy Costs

Oct 14, 2004

Forty six exhibitors from across the United Kingdom will be showing energy saving products at the event in the Ramada Hotel, Belfast.

On show will be innovative products that companies can apply to cut back expenditure on potentially high cost operating overheads, such as lighting, heating, air compressors, electric motors, controls and refrigeration. New technologies on display will include wind turbines, solar heat collection, combined heat and power systems and biomass.

Tracy Meharg, managing director of Invest NI’s Innovation and Capability Development Services, commenting on the event, said: “The Energy Show is an important event for every business, large and small, using energy. The opportunities presented and the benefits that energy saving technology bring to a business are considerable.”

She said the technologies on show could produce energy savings giving five year payback periods which would entitle many small to medium-sized enterprises in particular to an interest-free loan from the Action Energy Loan scheme to install the relevant equipment.

“In fact, many of the technologies will achieve payback periods of less than two years. Through our Business Development Solutions we offer companies extensive advice and assistance on energy saving technology that helps them strengthen their overall competitiveness.”

Among the products on show will be many listed in the Government’s Enhanced Capital Allowance, Energy Technology List.

The event will also feature ‘Masterclasses’ that will offer participating companies an opportunity to benefit from the knowledge and expertise of UK energy experts.

The Energy Show is open to all Northern Ireland companies and runs from 7.30am to 6pm. Entrance is free of charge.

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