The Energy & Environment Alliance (EEA), a not-for-profit coalition of hospitality sector leaders that is developing the world’s most reputable sustainability assessment scheme for Hotel and Apart Hotel assets; today announced its partnership with Optimized Energy (OE). OE is a green tech company operating across the UK to deliver premium voltage optimisation products for commercial real estate including the hotel and accommodation industry.
Joining the EEA in its quest to apply a rigorously scientific and commercially sustainable approach to meet Net Zero Carbon and Environmental, Social and Governance (ESG) standards, OE will advise EEA members of their suitability for Voltage Optimisation (VO). VO is an engineer-led solution for immediate reduction of energy consumption, reducing operational costs and bringing down scope 1 & 2 carbon emissions. The OE team brings a wealth of renewable technologies and electrical engineering expertise to further help EEA members transition to net zero carbon pathways and improved ESG performance in assets and operations.
Ufi Ibrahim, CEO, EEA, said: “In the UK, a high voltage supply from the National Grid is a common problem causing heat stress and premature degradation of equipment, along with up to 19% costly power wastage. We are delighted to partner with OE, where hotel asset owners can benefit from their expertise in energy wastage reduction. The pursuit of carbon cutting targets is more vital than ever, as energy prices are soaring and new legislation, mandating disclosure in line with the Task Force on Climate-related Financial Disclosures (TCFD) is coming into force.”
Deborah Faulkner, Business Development Director of OE said, “Optimized Energy shares the intention of the EEA to pioneer innovation, know-how and best practice in reduction of energy consumption for the hotels and accommodation sector. Voltage optimisation has helped thousands of businesses reduce their energy consumption and C02 emissions in the UK, where high voltage can be a serious and costly issue. With current tax relief at 130% for capital asset investments, hoteliers can benefit greatly from investing in VO for immediate lowering of operational and maintenance costs, helping them remain commercially sustainable in a recovering market.”