This week the Government published its public consultation on proposals for the introduction of the Energy Savings Opportunity Scheme (ESOS). Under the scheme, which is being developed as part of the UK’s implementation of the EU Energy Efficiency Directive, large enterprises will be required to undertake ESOS assessments to identify cost-effective ways to invest in energy efficiency, helping reduce energy bills and increase competitiveness.
This programme is intended to promote the uptake of cost-effective energy efficiency measures by requiring all large enterprises in the UK to undertake energy efficiency audits by December 2015 and every four years thereafter.
The scheme is the Government’s approach to meeting the requirements of the EU Energy Efficiency Directive (2012/27/EU), which the ECA contributed to via membership of the pan European sector trade association, the AIE.
Bill Wright, ECA Head of Energy Solutions commented: ” While any scheme which promotes energy efficiency is welcome; to succeed, it needs to be meaningful, widely promoted and properly enforced. ECA will be looking to engage with DECC to ensure that this energy saving scheme doesn’t suffer the same issues and obstacles as FITs and the Green Deal.”
The consultation closes on 3 October 2013. The Government intends to bring forward secondary legislation in spring 2014 setting out the legal framework for the operation of the scheme, so that the UK can meet the 5 June 2014 EU deadline for transposition of the Energy Efficiency Directive.
View the consultation document here.
Investors will receive further certainty today of how the government will support investment in new energy infrastructure through the Energy Bill, in order to keep the lights on and bills and emissions down.
The draft Electricity Market Reform Delivery Plan, published today for consultation, provides detail on the support mechanism (long-term Contracts for Difference) and draft strike prices for renewables investors, which together will help incentivise up to £110 billion of investment in new electricity infrastructure by 2020.
The full press release and the consultation documents are available on GOV.UK
This week the Government published its public consultation on proposals for the introduction of the Energy Savings Opportunity Scheme (ESOS). Under the scheme, which is being developed as part of the UK’s implementation of the EU Energy Efficiency Directive, large enterprises will be required to undertake ESOS assessments to identify cost-effective ways to invest in energy efficiency, helping reduce energy bills and increase competitiveness.
This programme is intended to promote the uptake of cost-effective energy efficiency measures by requiring all large enterprises in the UK to undertake energy efficiency audits by December 2015 and every four years thereafter.
The scheme is the Government’s approach to meeting the requirements of the EU Energy Efficiency Directive (2012/27/EU), which the ECA contributed to via membership of the pan European sector trade association, the AIE.
Bill Wright, ECA Head of Energy Solutions commented: ” While any scheme which promotes energy efficiency is welcome; to succeed, it needs to be meaningful, widely promoted and properly enforced. ECA will be looking to engage with DECC to ensure that this energy saving scheme doesn’t suffer the same issues and obstacles as FITs and the Green Deal.”
The consultation closes on 3 October 2013. The Government intends to bring forward secondary legislation in spring 2014 setting out the legal framework for the operation of the scheme, so that the UK can meet the 5 June 2014 EU deadline for transposition of the Energy Efficiency Directive.
View the consultation document here.
The scale and duration of the impact of new nuclear power stations on their localities is to be recognised by ensuring communities benefit from the role they play in national power generation, Ministers announced today.
Communities around eight sites in England and Wales could be in line to receive benefits worth up to £1000/MW over 40 years from when the nuclear power stations begin operating.
Read the full press notice on the DECC website
Investors will receive further certainty today of how the government will support investment in new energy infrastructure through the Energy Bill, in order to keep the lights on and bills and emissions down.
The draft Electricity Market Reform Delivery Plan, published today for consultation, provides detail on the support mechanism (long-term Contracts for Difference) and draft strike prices for renewables investors, which together will help incentivise up to £110 billion of investment in new electricity infrastructure by 2020.
The full press release and the consultation documents are available on GOV.UK
The scale and duration of the impact of new nuclear power stations on their localities is to be recognised by ensuring communities benefit from the role they play in national power generation, Ministers announced today.
Communities around eight sites in England and Wales could be in line to receive benefits worth up to £1000/MW over 40 years from when the nuclear power stations begin operating.
Read the full press notice on the DECC website
- Planning consent granted for what will be the world’s largest offshore wind farm off the Lincolnshire and Norfolk coast – £3.6 billion investment, around 1,130 jobs created and providing power to 820,000 homes.
- Construction to start on Pen y Cymoedd Wind Farm in South Wales, on the largest onshore wind farm in Wales and England – over £400 million investment, around 300 jobs created, and providing power to 140,000 homes.
The power of the UK’s offshore and onshore wind resource is set to be harnessed further today, with the go-ahead given for two large wind farms. Planning consent has been granted by the Secretary of State, Edward Davey for the construction of an offshore wind farm at Triton Knoll, off the Lincolnshire and Norfolk coast.
Edward Davey will also today visit Pen y Cymoedd in South Wales, where the onshore wind farm will be built. Vattenfall today confirmed they will invest £400 million in the project.
Hundreds of jobs are set to be created in these two large projects, which between them will generate enough power for almost one million homes when completed and bring in over £4 billion of investment into the country.
Read the press notice in full
Proposals for new energy saving assessments for larger firms in the UK have been published today by the Department of Energy and Climate Change (DECC). These assessments, required by the new Energy Savings Opportunity Scheme (ESOS), will enable companies to identify opportunities to save money on energy bills through improved energy efficiency and could benefit the UK by £1.9 billion.
Under the scheme, which is being developed as part of the UK’s implementation of the EU Energy Efficiency Directive, large enterprises will be required to undertake ESOS assessments to identify cost-effective ways to invest in energy efficiency, helping reduce energy bills and increase competitiveness.
Organisations who take up energy efficiency recommendations will face lower energy bills – on average, an enterprise taking up recommendations from energy savings assessment will invest £15,000 per year in energy efficiency measures and benefit from bill savings of £56,400 per year.
The consultation on ESOS proposals will run until 3 October 2013.
Read the press notice and take part in the consultation
Planning consent granted for what will be the world’s largest offshore wind farm off the Lincolnshire and Norfolk coast – £3.6 billion investment, around 1,130 jobs created and providing power to 820,000 homes.
Construction to start on Pen y Cymoedd Wind Farm in South Wales, on the largest onshore wind farm in Wales and England – over £400 million investment, around 300 jobs created, and providing power to 140,000 homes.
The power of the UK’s offshore and onshore wind resource is set to be harnessed further today, with the go-ahead given for two large wind farms. Planning consent has been granted by the Secretary of State, Edward Davey for the construction of an offshore wind farm at Triton Knoll, off the Lincolnshire and Norfolk coast.
Edward Davey will also today visit Pen y Cymoedd in South Wales, where the onshore wind farm will be built. Vattenfall today confirmed they will invest £400 million in the project.
Hundreds of jobs are set to be created in these two large projects, which between them will generate enough power for almost one million homes when completed and bring in over £4 billion of investment into the country.
Read the press notice in full
Proposals for new energy saving assessments for larger firms in the UK have been published today by the Department of Energy and Climate Change (DECC). These assessments, required by the new Energy Savings Opportunity Scheme (ESOS), will enable companies to identify opportunities to save money on energy bills through improved energy efficiency and could benefit the UK by £1.9 billion.
Under the scheme, which is being developed as part of the UK’s implementation of the EU Energy Efficiency Directive, large enterprises will be required to undertake ESOS assessments to identify cost-effective ways to invest in energy efficiency, helping reduce energy bills and increase competitiveness.
Organisations who take up energy efficiency recommendations will face lower energy bills – on average, an enterprise taking up recommendations from energy savings assessment will invest £15,000 per year in energy efficiency measures and benefit from bill savings of £56,400 per year.
The consultation on ESOS proposals will run until 3 October 2013.
Read the press notice and take part in the consultation