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Salix College Energy Fund
A reflection on the progress of the Salix College Energy Fund is illustrated by completion of over £3.8mn of energy efficiency projects, including its largest to date by City of Liverpool College (pictured). The project, completed by the City of Liverpool College, incorporates measures including LED lighting, lighting controls, air conditioning upgrades and new BEMS controls. Salix provided interest-free funding totalling £811,000.
The College is expecting to save 600 tonnes of carbon and over £160,000 each year from its energy bills. The majority of the savings are being generated through the installation of over 5,000 LED luminaires which, coupled with automatic lighting controls, are estimated to provide an 80% reduction in electricity consumption compared to the previous fluorescent lighting.
Salix launched the College Energy Fund in 2014 in partnership with the EAUC, and since then colleges have completed 48 energy efficiency projects valued at over £3.8mn.
News Item details
Journal title: Energy World
Subjects: Energy efficiency, Banking, finance and investment, Electricity generation, Electricity, Energy infrastructure, Funding
