The Department of Energy and Climate Change (DECC) announced on Friday 25 May the UK will offer small emitters and hospital installations the opportunity to opt-out of the EU Emissions Trading Scheme (ETS) from 2013.
The aim of the opt-out is to cut down on the burden on smaller installations which experience higher costs from dealing with current regulations. Administrative costs for small emitters are estimated at over £1/tCO2, while large emitter costs are estimated to be £0.04/tCO2. To be eligible to opt-out, an installation must have verified emissions below 25,000tCO2e and a thermal combustion capacity under 35MW.
The government estimates that a quarter of UK EU ETS installations may be eligible to opt-out; these 250 eligible installations save up to £80mn by opting out of Phase III (2013-20). The application period for the opt-out closes on 18 July.
Haven Power shortlisted as energy supplier of the year for the third year running
Leading Ipswich based business electricity supplier Haven Power has been shortlisted for supplier of the year at the prestigious Energy Awards 2018.
19 Sep 2018 | Company
Carbon causes price crash, while renewables rise to 40%
Renewables rose to almost 40% of generation last week, while falling carbon prices led to a price crash. Stay updated with our new weekly market report:
19 Sep 2018 | Industry
7 ways to get financial support for sustainability
Is your business lacking the financial support to implement sustainable change? Here’s 7 schemes that could help:
13 Sep 2018 | Industry