CRC update

Industry comment

Published: 23 February

Author: Alan O'Brien

Type: Industry comment

Year: 2010

The Carbon Reduction Commitment - Energy Efficiency scheme is fast approaching with submission in April 2010 for evidence packs. It is estimated that 5,000 UK organisations will qualify for the scheme. It is estimated that these 5,000 organisations will pay out $1.4bn1 for carbon allowances in 2011, during the first phase of the scheme.

Latest research shows there is still widespread confusion amongst companies and many are not prepared for the April deadline. However, recent research shows that 77% of companies2 view the CRC as an opportunity to improve their building estates energy efficiency and reduce carbon emissions.

Useful information

The Department of Energy and Climate Change (DECC) have recently released a user guide for participants. The guide provides insightful information regarding all aspects of the scheme and the key milestones companies must meet.

To view and download theĀ User GuideĀ please click on the PDF below

To view CRC DECC's homepage please click here

To register for latest updates from the Environment Agency please click here

Notes:

1Estimate by research group Datamonitor

2 Research commissioned by SAP and conducted by Coleman Parkes