NEWSLETTER – ENERGY UPDATE

P272 DEADLINE HAS PASSED
The deadline for your supplier to migrate your Electricity Profile Class 05-08 meter to half-hourly meters was the 1st April 2017. The new meters automatically provide your supplier with half-hourly readings and demand data, improving the accuracy of bills and enabling customers to make better, more informed energy management decisions and opens the door to peak shifting and demand side response. The responsibility falls on your supplier to initiate the change, but if they haven’t done so, it would be worth getting in touch with them.
 


 

NON-DOMESTIC WATER DEREGULATION
Also in April, the non-domestic water market opened up, enabling commercial and industrial customers to choose their water and wastewater supplier. Competition between suppliers will hopefully drive service improvements, from sales to delivery, which will help non-domestic customers reduce consumption and save money. Don’t get too excited though, as the wholesale water market will be subject to price control until 2020, which is likely to limit the market movement and benefits end-users see during this time.


Water Deregulation


 


 
EMISSIONS REDUCTION PLAN STILL DELAYED
Brexit and the snap election have further delayed the government’s Emissions Reduction Plan – long overdue its intended release in 2016 – which is set to outline the strategy for meeting the fourth (2023-2028) and fifth (2028-2032) carbon budgets.
 


 
ISO 20400 PUBLISHED
The International Organisation for Standardisation has published ISO 20400 – the first international standard for sustainable procurement – enabling businesses to vet their supply chains for ethical and environmental impacts. For companies seeking ISO 50001 certification, the guidelines will help them embed sustainability and energy management within their energy procurement processes.
 


 
EXEMPTIONS FOR ENERGY INTENSIVE INDUSTRIES UP IN THE AIR
There is still no news on implementing an exemption for energy-intensive industries from the Renewable Obligation and Feed-in Tariff schemes. There was hope that the current compensation scheme (reliant on companies making a claim after paying utility bills) would be replaced by an exemption. The good news is that draft guidance for the Contracts for Difference scheme has now been released, with eligible companies being able to avoid up to 85 per cent of the indirect costs.
 


 

Renewable


HISTORIC COAL FREE DAY
On Friday 21st April, the UK witnessed its first continuous 24-hour period of coal-free power since fossil fuel use in Britain began – bolstered by an increase in alternative power sources such as nuclear. There’s good news for renewables fans as well; at 1pm on Friday 26th May, solar power smashed its previous high of 8.48 GW, generating 8.7 GW and supplying 24.3 % of demand.


 


 

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