Aerofoil Energy has been recognised with a Queen's Award for Enterprise in Innovation for its use of shelf-edge technology to improve the energy efficiency of display refrigeration, a feature of the food retail industry that accounts for 3 per cent of the UK’s entire consumption of electricity.
Aerofoil Energy CEO Paul McAndrew said: “We are honoured to have been recognised by Her Majesty with this award for our energy-saving technology and commercial success
“Open-fronted supermarket fridges are a great way to display food and make it easy for customers to choose, but they are very power-hungry. Our unique innovation, the Aerofoil, has provided our clients with a straightforward solution that significantly reduces the fridge’s power consumption whilst improving the convenience and comfort of the shopping experience.”
The Aerofoil has achieved industry-wide adoption by UK supermarkets including Tesco, Sainsbury’s, Asda and M&S. Since 2016, Aerofoils have saved the sector in the region of £100 million in energy costs and already avoided some 150 thousand tonnes of CO2 emissions, savings that will continue to accrue year on year.
The company is now expanding internationally to deploy its technology in the world’s largest bricks-and-mortar grocery retailers in Europe, the USA and Asia.