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Electricity Market Reform: Amendments to Contracts for Difference (Definition of Eligible Generator) Regulations
in Blog
The UK electricity market faces a number of challenges, with the rapid closure of existing capacity as older, more polluting plant goes offline, alongside the growth of our economy and increasing electrification of our heat and transport systems. Around £100 billion of private sector investment is needed by 2020 to replace and upgrade the UK’s electricity infrastructure. Contracts for Difference (CfD) is a mechanism for bringing forward investment in low carbon generation. It provides long-term price stabilisation to low...

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Landlords – Failing To Act Now May Damage Your Asset Value
in Blog
The deadline for achieving an EPC rated at an ‘E’ or above for privately rented property is April 2018. By this time the EPC must be secured and lodged for landlords to be able to issue a new lease for a property, even to existing tenants. As EPCs measure the fabric of the building, where improvements are required, it is likely that fit out work will need to be undertaken to achieve this. Work must start now to identify,...

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Reforming the Business Energy Efficiency Tax Landscape – Consultation Feedback
in Blog
Following the announcement of a review of the business energy efficiency tax landscape at the Summer Budget, the Government launched a consultation to seek the views of stakeholders on the proposal to simplify and improve the effectiveness of the landscape in supporting its objectives around simplicity, productivity, security of supply and de-carbonisation. The review is considering the interactions between business energy policies and regulations, including the Climate Change Levy (CCL), the Carbon Reduction Commitment Energy Efficiency Scheme (CRC), taxes on...

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Can We Really Keep The Lights On This Winter?
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Last week the National Grid used one of its “last resort” emergency powers for the first time to tell companies to reduce their electricity usage in an effort to avoid the risk of blackouts. It asked firms to reduce their power demand immediately, issuing a so-called demand-side balancing reserve (DSBR) notice to companies that have signed a contract to say they will take part in the demand reduction scheme. When these measures were announced, the National Grid had been adamant...

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EC Evaluates Energy Performance of Buildings Directive – Fit For Purpose?
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The European Commission (EC) is currently evaluating the Energy Performance of Buildings Directive through a consultation with all member states. Currently, about 35% of Europe’s buildings are over 50 years old. Buildings are responsible for 40% of energy usage and 36% of CO2 emissions in Europe. When introduced, the Energy Performance of Buildings Directive (EPBD) aimed to: improve the energy performance of buildings in the EU; require Member States to set energy performance standards for buildings; require Member States to issue buildings with...

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Removal of CCL Exemption for Renewable Electricity – Consultation Feedback
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The Government's consultation on the removal of the exemption from the Climate Change Levy (CCL) for 100% renewable electricity supplied to business customers has now closed. We have collated your views and fed back to the Government focusing on the effect of this decision both in the short and long term. The removal of the exemption form CCL was announced in the Summer Budget and came as a shock to the industry and wider business community. It was evident that the...

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Energy Legislation Double Bill – 19th November 2015
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Energy in the Service Charge - A Dark Art? Experts from the Royal Institute of Chartered Surveyors (RICS) and the National Measurement and Regulation Office (NMRO) will provide illumination! Come along to our next morning of breakfast debate on Thursday 19th November 2015 where we will be joined by RICS and the National Measurement and Regulation Office (NMRO) to discuss tenant recharging for utilities. Tenant recharging has long been a challenge for commercial landlords and property agents of multi-let buildings. Some buildings...

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Government Consultations: Last Chance to Share Your Views!
in Blog
The following three consultations are closing in the next fortnight and this is the last opportunity to provide your views on these. 1. HMRC is undertaking an informal consultation on the Transitional Arrangements for Removing the Climate Change Levy (CCL) Renewables Exemption after which CCL will be added to renewable electricity bills. The Government is trying to determine an appropriate length for this transitional period and how the transitional arrangements will operate in practice. With feedback on consultation due 31st October...

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ESOS – Act Now To Avoid Financial Penalties
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The Environment Agency (EA) has set out its position on enforcement for ESOS in light of the widespread acknowledgement that there are insufficient assessors to ensure compliance for all participants by the deadline. The message is clear – do all you can before the deadline to ensure you have an auditable plan in place and be compliant by 29th January 2016 to avoid penalties. The deadline for compliance is set in the EU Energy Efficiency Directive and ESOS Regulations 2014...

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P272 – Consumers Suffer Due to Lack of Clarity
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The transition of 05-08 Profile Class supplies to settled half hourly (HH) is still being finalised by suppliers and district network operators (DNO) despite this impacting contracts starting on or after 5th November 2015. It is frustrating that, whilst the industry has been aware of this change for many months, those parties involved have not got their house in order to ensure a smooth transition. Elexon has decided that all supplies will be assigned a capacity of 71 kVA until...

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