SUBSCRIBE TO TMCnet
TMCnet - World's Largest Communications and Technology Community

CHANNEL BY TOPICS


QUICK LINKS




Stretch Objectives: UK Industries Extend Efficiency Targets in Return for Rebates
Green Technology Featured Articles
April 03, 2013

Stretch Objectives: UK Industries Extend Efficiency Targets in Return for Rebates

By Cheryl Kaften
TMCnet Contributor

A total of 51 energy intensive industrial sectors in the United Kingdom—including steel, aerospace and farming—have signed on to extend their energy efficiency improvement targets another eight years, through year-end 2020; in exchange for receiving the Climate Change Levy rebate until 2023, the Department of Energy & Climate Change announced this week.


With the additional time added effective April 1 to the UK’s voluntary Climate Change Agreements (CCA) scheme, the nation will deliver an overall 11 percent improvement in energy efficiency across all industry sectors by 2020 against agreed baselines.

If all the sectors meet their targets from 2013 to 2020 against agreed baselines, this would:

Reduce emissions of carbon dioxide by 19 million tons;

Reduce primary energy consumption by approximately 100 terawatt hours (TWh); and

Deliver an estimated saving to participants on the Climate Change Levy of £300 million (US$453 million) each year.

Sector targets are set at percentage values energy efficiency improvement. They will be reviewed in 2016, with a view to assessing the progress made by each sector.

Savings will be delivered by adoption of enhanced equipment and measures, such as higher-efficiency motors, variable speed drivers, energy efficient boilers, improved energy management systems and process optimization

The Environment Agency has taken over administration of the program, providing a simplified and streamlined approach for both government and industry.

Gregory Barker, minister for Climate Change, said: “I am really impressed by the commitment shown by the UK Energy Intensive Industr[ies] to improving their competitiveness and energy efficiency. This partnership with Government demonstrates our commitment to growth”

Ray Gluckman, chair of the CCA Working Group of the UK Emissions Trading Group (ETG) said: “The ETG appreciates the extensive consultation undertaken by DECC on this important element of climate change and energy efficiency policy. This has enabled industry to work with Government and the EA to help streamline and improve the operation of CCAs. The targets are challenging but provide industry with some degree of certainty over the goals to be achieved over the next eight years.”




Edited by Brooke Neuman


Green Technology Related Articles






Technology Marketing Corporation

2 Trap Falls Road Suite 106, Shelton, CT 06484 USA
Ph: +1-203-852-6800, 800-243-6002

General comments: [email protected].
Comments about this site: [email protected].

STAY CURRENT YOUR WAY

© 2024 Technology Marketing Corporation. All rights reserved | Privacy Policy