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The Royal Mint’s primary role is to make and distribute the coins of the United Kingdom. Based in Llantrisant, South Wales, on a site that was opened by Her Majesty Queen Elizabeth II in 1968, the 1,000 year old organisation also makes coins, blanks and medals for an average of 60 countries every year, making it the world’s leading export mint. Employing approximately 900 people, The Royal Mint has the capability to produce up to 90 million coins and blanks every week – almost five billion a year.
What we did
We carried out a full energy audit of the plant to assist in highlighting opportunities for energy efficiency savings and also advised on how to best to implement then findings of that report.
Working with the energy efficiency committee, we assisted in the creation of a reporting format which was easily understood by all key stakeholders across the business to ensure all departments were able to assist in the overall energy reduction targets of the business.
Such a major manufacturing operation has a large energy spend and since The Royal Mint is required to operate as a business, energy procurement is crucial to its profitability.
Working closely with the purchasing department, we successfully procured contracts for both Gas and Electricity over a number of years at highly competitive rates and at well below the market average. This has allowed The Royal Mint to accurately budget for the energy component of its operating costs, which is a crucial element when quoting the manufacture of coinage to its export markets which currently extends to over 60 countries around the world every year.