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Carbon Reduction Commitment - CRC The University of Hull Ian Gibbs (Energy Manager) – 7 th July 2009.

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Presentation on theme: "Carbon Reduction Commitment - CRC The University of Hull Ian Gibbs (Energy Manager) – 7 th July 2009."— Presentation transcript:

1 Carbon Reduction Commitment - CRC The University of Hull Ian Gibbs (Energy Manager) – 7 th July 2009

2 What Is It? The Carbon Reduction Commitment (CRC) is a new mandatory emissions trading scheme that aims to improve energy efficiency and reduce the amount of carbon dioxide (CO 2 ) emitted in the UK. This is vital to achieving our overall targets of reducing greenhouse gas emissions by 2050 by at least 80% compared to the 1990 baseline

3 CRC Cycle

4 Who Participates? 20,000 public and private sector organisations Organisations that use over 6,000 MWh of electricity on half-hourly metered supplies (U of H 19,184 MWh) £1,000,000 half hourly spend Heavy fines for refusal to participate and report

5 U of H – half – hourly consumption Qualification yr 2008 – 19,184 MWh

6 When does CRC start? Introductory phase (3 years) Capped phases thereafter !!!! Not for today Each phase has Qualification period (calendar year 2008) Registration period (April 2010) Footprint year (April 2010 – March 2011) Compliance years (1 st April 2010 – March 2011)

7 Emissions coverage & Cost of CO 2 Introductory phase is fixed at £12/tCO 2 Secondary market buy/sell £?/tCO 2 No transport emissions U of H – grid supplied electricity and fossil fuel burning on site (no oil) Administered by the Environment Agency

8 Information Disclosure

9 Registration 2010 Fines for failure to register

10 Footprint Year Accuracy of billing is crucial Systemslink M&T data centre 90% of emissions must be covered Water and waste are not included What about estimated reads spanning footprint year? Early action metric AMR/CTS

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12 10% Exclusions

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14 CRC Timeline

15 CRC Introductory Phase Rolls over budget year

16 CRC Example

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18 Questions & Discussion


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