Transcript Document

Carbon Reduction Commitment - CRC
The University of Hull
Ian Gibbs (Energy Manager) – 7th July 2009
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 (CO2) 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
CRC Cycle
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
U of H – half – hourly consumption
Qualification yr 2008 – 19,184 MWh
2,000,000
1,800,000
1,600,000
1,400,000
1,200,000
1,000,000
800,000
600,000
400,000
200,000
0
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
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 (1st April 2010 – March 2011)
Emissions coverage & Cost of CO2
•Introductory phase is fixed at £12/tCO2
•Secondary market buy/sell £?/tCO2
•No transport emissions
•U of H – grid supplied electricity and fossil fuel burning
on site (no oil)
•Administered by the Environment Agency
Information Disclosure
Registration 2010
•Fines for failure to register
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
10% Exclusions
10% Exclusions
CRC Timeline
CRC Introductory Phase
Rolls over budget year
CRC Example
CRC Example
Questions & Discussion