"What is holding you back?"
This was the question I posed as part of a discussion on street lighting at this year's Carbon Trust Public Sector Conference. We have the technology, the payback is attractive and the finance is available – so why are local authorities still hesitant to adopt low energy lighting?
19th March, 2014
The timing is certainly right - according to our panel discussion partner, the Green Investment Bank. Its recent market report ‘Low energy streetlighting: making the switch', concludes that price and product are now at the point where local authorities should be developing “spend to save” business cases, with research by McKinsey demonstrating that costs have been dropping by 30 per cent a year. By 2020, the energy saving compared to today's conventional lighting is expected to reach 90 per cent.
Read the full article on our brand new Illuminated Minds blog!