Argonaut
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RESILIENCE

Black-outs in England increased by 46% from 2015 to 2016. Can your business afford a power cut? 

Resilience

Did you know that:


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Average industrial energy prices, including the Climate Change Levy, increased in real terms by 4.0 per cent between Q2 2016 and Q2
2017 (gov.uk)

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Energy prices are increasing and your business cannot be put on hold during periods of high energy costs

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Argonaut Power can help to increase the resilience of your business with respect to brown-outs and black-outs


 
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Summary

  • The end of coal-fired power, increasing proportions of renewables, and the arrival of electric vehicles have contributed to making the UK power grid increasingly unstable and prone to outages.
  • UK power outages from 2014 to 2015 increased from 537 to 640 per year, an increase of 19%¹.
  • UK businesses without an energy resilience strategy are risking 17 per cent of their revenue, equating to £2.8 million each year in damages and lost opportunities for the average UK business².
  • A power surge in May 2017 caused BA flights to come to a standstill, causing three days of disruption and costing BA around £100m in compensation costs, and damaging their reputation³.  
  • Eaton estimates that power outages cost companies an average of £54,750¹. Impacts on your business could include damaged equipment, lost data, lost product, facility downtime and reputational damage.
  • Can your business afford a power cut?

 

 

¹ Eaton Blackout Tracker Annual Report 2015.
² Small Business.co.uk “Businesses risk £2.8m of annual revenue through lack of energy resilience”: http://smallbusiness.co.uk/businesses-risks-revenue-energy-2541361/
³ British Gas “It’s time to get serious about resilience” https://www.britishgas.co.uk/business/blog/its-time-to-get-serious-about-resilience/

 

 
 

 
 
The outages effect more than 2 million people, for an average of 50 minutes.
 
 

 
 

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