crc energy efficiency scheme –confused?
TRANSCRIPT
CRC Energy Efficiency Scheme – Confused?
Kerry Hamilton – March 2011
Government Spending Review
• The CRC Energy Efficiency scheme will be simplified to reduce the burden on businesses, with the first allowance sales for 2011-12 emissions now taking place in 2012 rather than 2011. Revenues from allowance sales totalling £1 billion a year by 2014-15 will be used to support the public finances, including spending on the environment, rather than recycled to participants. Further decisions on allowance sales are a matter for the Budget process
What We Know
DECC have since issued discussion documents in January covering a wide range of options for
simplification of the scheme. The closing date for comments is the 11 March 2011
Annual and Footprint reporting will still go ahead as planned. You will be required to submit an
annual report and footprint report before the 29th July 2011.
Government launched a consultation to amend the scheme legislation in December 2010
The Performance League Table will be retained as the main reputational driver within the
scheme, with the metric weightings and publication dates as envisaged in the current legislation
(including the October 2011 table)
Metric Investment
No!• AMR enables you to budget accurately for cost and track energy reduction
projects and consumption efficiently.
• The Carbon Trust Standard or equivalent encourages stakeholder engagement and ensures good Energy Management processes are in place.
Have we wasted time and money on early action metrics?
DECC have completed a stakeholder meeting this month engaging in discussion about future developments
The CRC isn’t going away
CRC Energy Efficiency Scheme
£12 per ton of CO2 will now be kept by the governmentCreating £1billion a year revenue for the Treasury
Carbon Reduction Commitment
CRC Energy Efficiency Scheme
Participants still need to cut energy consumption
CRC Energy Efficiency Scheme
CRC Energy Efficiency Scheme
Deadlines will be deadlines
Register
30th Sept 2010
Footprint Report
29th July 2011
Annual Reports
Every July
Evidence Pack
CRC Energy Efficiency Scheme
Estimated Number of CRC Participants 5,000
Number of Participants Registered 3,000
Number of Participants that need to Register 2,000
Fixed Fine for failing to register £5,000
Total revenue from fixed fine for 2,000 participants £10million
Daily fine for failing to register £500
Daily fine from non-registered 2,000 participants £1million
Nobody has been fined…yet!
CRC Energy Efficiency Scheme
The CRC has started
Participants should already be collating data and preparing for the reporting deadlines
Footprint year is nearly over......
What should you do?
CRC Energy Efficiency Scheme
Comply with all legal requirements1
Complete registration
Produce Footprint and Annual Reports
Develop and maintain the Evidence Pack
Avoid fines
CRC Energy Efficiency Scheme
Calculate a CRC budget2
CRC Costs
CRC Fees
CO2 Allowances
Energy Reductions
CRC Energy Efficiency Scheme
Develop a Strategy3
CRC
CRC Energy Efficiency Scheme
Cut CO2 emissions4
CO2
CRC Energy Efficiency Scheme
Maximise the benefits of the scheme5
P
Are there Benefits?
CRC Requires accurate information to be compiled
All fuels must now be considered
CRC has brought Carbon to The Board Agenda
The Scheme will require organisations to adopt best practice
Makes energy Projects viable
Don’t Delay
You must ensure that you comply with the requirements of the scheme it won’t go away!
