Introduction
The CRC Energy Efficiency Scheme forms part of the UK Government's drive towards a low-carbon economy. In its simplest form it is a cap-and-trade scheme for carbon emissions, similar to the European Union's ETS scheme, but focusing on smaller, less energy-intensive organisations.
Purpose
The purpose of the scheme is to encourage companies to reduce their greenhouse gas (GHG) emissions by making investments into energy efficient technologies, or to invest in on-site renewable electricity generation.
Scope
All organisations (including the government, schools etc.) that have electricity supplied that is covered by an half hourly meter (HHM) and that consumed more than 6,000MWh of electricity during 2008 (the base year) will be included in the scheme. These organisations should be contacted by the Environment Agency in the near future, to make them aware of their new obligations.
Organisations that did not consume 6,000MWh of electricity, but that are metered on a half-hourly basis will be required to make an information disclosure to the CRC.