Energy Saving Company’s Powerful Surge In Growth
By Cynthia Taylor
When a business has shown growth of up to 1,400% while in the middle of a recession that shows that they are doing things right.
However, this rapid growth did create some problems for the innovative energy savings specialists EMCc, the company at Sheffield City Region is behind the Powerstar range of VO (voltage optimization) equipment.
The most urgent problem was space, said Dr. Alex Mardapittas who is the brains and founder behind this technology. He continued that they were so restricted for space they at times on a nice day people wired up units outside.
The Powerstar Technology cuts energy consumption because it matches the supply voltage with the equipment it powers. The next problem was its popularity and EMSc lacked resources for developing potential markets for the range of spin-off technologies that were targeted towards specific sectors.
The space problem was solved by EMSc when they moved everything to a purpose-built research and development centre that is world class at Chapeltown, and this was opened by the Deputy Prime Minister, Nick Clegg.
Dr. Mardapittas said the only way they could move forward was an investment in a building that would allow them to bring everything together plus have room for expansion. There has been a lot of planning towards expansion and they believe that they could grow up to 5 times and be able to expand to becoming a £60 million enterprise, without any to move again.
He continued that having achieved a 1,400% growth in a recession what could they achieve once the recession was no longer a factor. He reiterated that they had to be prepared for such a demand.
The new facilities for EMSc has research, testing, production, development; finance, sales, marketing all under a single roof with treble the space for the company to be able to manufacture the equipment and sufficient space for further growth.
EMSc has just scratched the surface said Dr. Mardapittas. He said that there was about 10,000 VO units already out there, and that there are about 2 million commercial and industrial buildings, which means they have only covered about 1% of the market in the UK and there is still the world to conquer.
The major motivation in the UK for the installation of VO’s is to cut costs for energy and maintenance, which results from running everything from lighting to machinery which are at higher voltages that they were designed for.
Countries that have a national grid that is unstable, this includes countries like Germany, VO is valued for the ability to be able to deliver voltages that are consistent ensuring that the equipment continues to run despite fluctuations in supply that can be as much as 25 volts.
Demands for VO are also linked towards renewable electricity sources that are not predicable.
Dr. Mardapittas said that the greater reliance on renewables, the grid becomes more unstable.
He continued that in the UK VO is rarely needed to compensate for the variability in electricity, however the company sees a bigger need overseas. They have installed a small system in Malta, their grid system can vary by as much as 40 volts on any given day.
Head Office: EATON HOUSE, STATION ROAD, LEEDS, LS20 8XB Company Registration: 4704157 Vat Registration: 817013852