UK decarbonisation strategy sets vision for world’s first low carbon industrial sector
By Melanie Kendall-Reid, Director of Business Services The UK Government has unveiled an ambitious strategy to deliver the world’s first low-carbon industrial sector and provide over £1 billion to cut emissions from industry and public buildings. The announcement has...
Targeted Charging Review impacting electricity contract renewals
By Paul Gleaves, Head of Risk and Trading After its implementation was pushed back by 12-months last year (to 1 April 2022), the Targeted Charging Review (TCR) is once again heavily impacting discussions around energy procurement and future costs. The TCR is a package...
First UK carbon market auction set for May
By Paul Gleaves, Head of Trading and Risk The Government has announced that the first auction of the newly constituted UK Emissions Trading Scheme (UK ETS) will take place on the 19 May 2021. The new emissions market came into play on 01 January 2021, after the UK...
Budget 2021 – Green financial support for 10-Point Plan & Future Buildings Standard
By Melanie Kendall-Reid, Director of Business Services With many calling for a green recovery in today’s budget announcement, at first glance it appears that the climate and natural emergencies have taken a back seat to the economic crisis created by the Covid...
