Are you up to speed with the Carbon Reduction Commitment?
If your organisation has been caught in the CRC net, you’re probably only too aware of how demanding the whole scheme is turning out to be. To simplify things, we’ve summarised the key action points you have to take between now and 2012 and put them into a handy timetable that you can download here.
There are penalties if you fail to comply and incentives for taking early action, so make sure your organisation is ready and fully prepared. From a metering perspective, here are the headlines:
- You are on the CRC radar if you have one or more half hourly settled meters.
- The 1st qualifying criteria for CRC is if an organisation consumes 6,000 MWh or more of electricity from half hourly metered electricity supplies during the qualifying year (2008). This is typically equivalent to an annual electricity bill of between £500,000 and £1million, depending upon the tariff.
- The 2nd qualifying perdiod and criteria for CRC is if an organisation consumes 3,000 MWh or more of electricity from half hourly metered electricity supplies during the next qualifying year (2012).
- The CRC will only capture AMR (remotely read) meters which are the main meters measuring the quantity of electricity supplied to a premises, not sub-meters or clip-on devices.
- A half hourly electricity meter includes:
- all electricity consumed through meters settled in the HH market [Mandatory half hourly meters]
- all electricity consumed though profile class 5-8 meters [Mandatory half hourly meters]
all electricity consumed through AMR profile class 3-4 meters [Voluntary half hourly meters]
- If the energy consumed through half hourly electricity meters is 6000MWh or more, then at least 90% of your total footprint emissions must be regulated by the CRC (or by the EU Emissions Trading Scheme or Climate Change Agreement). All your emissions from core sources must be included. Core sources include electricity half hourly meters together with:
- all daily-read gas meters
- all gas consumed through AMR meters
- all non-daily metered gas consumption of more than 73,200 kWh per annum
As an incentive to install AMR meters, and in recognition for good energy management undertaken prior to the start of the scheme, there is a mechanism called the Early Action Metric which rewards participants who install voluntary half hourly electricity and gas AMR by 31st March 2010.
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