Waste heat used to 'slash electricity bills'
Waste heat energy created when electricity is generated could be used to heat homes and businesses, it has been claimed.
According to a new report from the Institution of Civil Engineers, the UK is missing out on the opportunity to recycle wasted heat and push down the electricity and gas bills of consumers and businesses.
The report from ICE, which is based on research from scientists at the University of Southampton's sustainability energy research group, claims that combined heat and power technology could be used to capture that waste energy thereby reducing carbon emissions and cutting the cost of electricity.
Member of ICE's Energy Panel, Dr. Keith Tovey, said: "The truth is, that if half of the heat lost during electricity production could be captured it would meet 25 per cent of the UK's heat demand."
Plans for a combined heat and power plant in Cardiff, which would power up to 30,000 homes in the region, have been deferred by the city's planners.
Click here to run an energy price comparison, and see if you could be paying less for your gas and electricity.