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We surveyed 100 food and drink manufacturers in companies with 250 or more employees on the rise in the Smart Market. We asked about their ability and willingness to offer more flexibility in when they use electricity, and their interest in providing distributed generation and storage capacity.
Interestingly, 46% of business believe the move to a low carbon economy is the most important element of the smarter market; nearly twice the number of businesses who believe affordable energy to be central to this (26%). Businesses are clearly becoming greener, and have a growing appetite to reduce their carbon footprints.
A comfortable majority of food and drink businesses (85%) know about the call for evidence on developing a framework to make our energy market smarter, and 70% will be contributing to it. In a finding that will reassure policy makers, a stunning 99% of businesses believe that the expected benefits of introducing a smarter energy market will be worth the investment from government.