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February 28, 2023
Connected LED lighting can help confront the energy, climate, and economic crises
The UK is confronted with the fact that our buildings, streets, and municipal services are not yet green or efficient enough to successfully deal with the energy, climate, and economic crises confronting them today.
Many initiatives are already in place to expand the renewable energy sources and to develop the connected infrastructure that cities need, but the scope and pace of these programs is falling far short of the wholesale transformation that’s required.
“We have seen a big emphasis on transitioning energy sources and this is still a massive priority, but people are realising that we are running late, and building up that supply of green energy is going to take time,” says Alice Steenland, Chief Strategy and Sustainability Officer and member of the leadership team at Signify.
Increasing energy efficiency sits firmly at the centre of this focus. Connected LED lighting, with the potential to reduce lighting-related energy consumption by as much as 80% over alternatives, can play an important role here—not only to address energy efficiency needs in the short term, but to improve quality of life and protect the environment in the long run.
According to Signify’ s own data, if the entire UK&I region switched all conventional road and streetlights to LED, the country could save 603 thousand tonnes of carbon and £520 million per year in energy costs.
Focusing on what municipalities can do is equally important—perhaps more so. As Harry Verhaar, Head of Global Public and Government Affairs at Signify, explains, “At a national level, we need commitments and timelines for carbon neutrality but the real reduction in emissions and the real implementation needs to be at city level,”
Scenarios like these demonstrate that the sum of many smaller-scale projects could have an enormous impact across a country or region.
“Cities may feel that replacing infrastructure before the end of its useful life is in some way a false economy but, it is quite the reverse.”
Unlocking the massive potential of energy efficiency is a winning lottery ticket for the UK. It significantly reduces carbon emissions, results in significant savings on energy bills for cities, consumers, and business, minimises reliance on gas imports, and frees up capacity that can be used to electrify heating and transportation.
The time for municipalities to act on energy efficiency is now. Switching conventional, energy-efficient lighting to highly efficient LED and connected LED lighting is an easy win for cities of all sizes. Taking immediate action will help put the UK on the trajectory set out in the Ten Point Plan.
Weighing the potential benefits against the current crises, you can’t afford not to.
Make the switch today. Discover more, here
Signify (Euronext: LIGHT) is the world leader in lighting for professionals, consumers and the Internet of Things. Our Philips products, Interact systems and data-enabled services, deliver business value and transform life in homes, buildings and public spaces. In 2023, we had sales of EUR 6.7 billion, approximately 32,000 employees and a presence in over 70 countries. We unlock the extraordinary potential of light for brighter lives and a better world. We have been in the Dow Jones Sustainability World Index since our IPO for seven consecutive years and have achieved the EcoVadis Platinum rating for four consecutive years, placing Signify in the top one percent of companies assessed. News from Signify can be found in the Newsroom, on X, LinkedIn and Instagram. Information for investors is located on the Investor Relations page.
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