New Climate Technology for Energy Savings at Financial Times’ HQ – Launched by Oaktree Power.

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  • The leading climate technology platform has developed a bespoke scheme that will reduce energy consumption and unlock flexibility to be used for demand side programmes, emphasising climate technology for energy savings.
  • Over the course of five years, the FT’s historic headquarters at Bracken House will save 22% of their energy bill annually through the implementation of climate technology for energy savings.

6 September 2022: OakTree Power, the leading climate tech startup, has developed a bespoke climate technology solution for the Financial Times to reduce energy at Bracken House, their historic headquarters in London.

The five-year agreement with OakTree Power will see Bracken House modulate the consumption of non-essential electricity to accelerate net-zero goals by tapping into previous unavoidable CO2 emissions. Through this scheme, the Financial Times will ease congestions on the local electricity network in Paternoster Square.

The scheme is deployed by a smart IoT controller that has been integrated with the organisation’s own building control systems, which will enable OakTree Power to identify non-critical electricity consumption and intelligently modulate small amounts of energy usage. These reductions will be conducted in non-critical electrical plants and equipment such as pumps, fans and air conditioning chillers for short periods, without impacting performance.

Chantel Scheepers, CEO of OakTree Power, said: “Net Zero targets are a national objective that needs to be taken incredibly seriously by all UK organisations. We’re delighted to be working with such a prestigious organisation that has shown a great commitment to lead on this front, recognising the need to change and adapt to achieve the UK’s Net Zero goals.

We expect this project to become a turning point for OakTree Power and other businesses with real estate space to embrace the Net Zero commitment and adopt the scheme. If every 200,000 square feet building in London did so, it would be the equivalent of taking 45,000 petrol cars off the road in terms of CO2 reductions, so we all should be helping the country move away from dirty carbon-intensive generation and towards a renewable & sustainable future.

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