From CRC requirements to new building legislation you can rely on the Solis Consulting Group for the latest and most accurate energy consultancy advice |
CRC
The Carbon Reduction Commitment Scheme, recently renamed the CRC Energy Efficiency Scheme, is a mandatory carbon emissions trading scheme covering all organisations using more than 6,000MWh per year of electricity. Organisations using less than 6,000Mwh per year with a half hourly meter are still required to fill out a non participating disclosure form |
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How the CRC scheme works |
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The scheme aims to reduce carbon emissions from around 20,000 large energy users by at least 4million tonnes of carbon dioxide per year, by 2020.
The scheme provides a financial incentive to reduce energy use by putting a price on carbon emissions. Organisations buy allowances equal to their annual emissions and can reduce their liabilities through energy efficiency |
Revenues generated under the scheme will be redistributed among the participants, with each receiving either a bonus or a penalty, depending on the extent to which they have reduced their emissions
Read more from the Environment Agency about the Carbon Reduction Committment |
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CRC timings |
The introductory phase of the scheme will run for three years. Subsequent phases will each last for seven years
Each phase has:
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a qualification period, when organisations must assess whether or not they qualify under the scheme
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a registration period, during which organisations must either submit information or register as a participant
in the scheme
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a series of compliance years, which run from April to March when participants must take some action to comply with CRC
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a footprint year, where participants must monitor their total emissions from energy supplies and determine
what emissions must be included in CRC. This is the first compliance year of each phase
For the introductory phase the qualification period is the calendar year 2008, the registration period is April-September 2010 and the footprint year is April 2010-March 2011
In the first annual reporting year 2010-2011 there will be no sale or surrender of allowances and the first sale of allowances will take place in April 2011-March 2012 |
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Changes to the CRC - October 2010 |
After the unveiling of the Spending Review on Wednesday 20th October, DECC outlined that it would reduce resource spending by using revenue raised from the CRC Energy Efficiency Scheme to support public finances, rather than recycling it to participants
The Solis Consulting Group provide full support to over 100 UK organisations involved with the CRC scheme, including monitoring of omissions, an energy reduction roadmap over 7 years and full disclosure assistance and documentation
The Solis Consulting Group also provide assistance with energy performance certificates, air conditioning inspection certificates and other mandatory energy regulation requirements
Please do get in touch and find out the latest changes that can affect your organisation
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