The Energy Institute published their Energy Barometer, Views from UK energy professionals report on 15 June 2016.
The report reflects the views of 438 members of the Energy Institute on the “future challenges and prospects for the energy industry”.
The Institute’s members flagged the lack of energy policy continuity as the biggest challenge facing the industry, with the Government’s energy policy “reset” in November 2015 having yet to “reset confidence” among energy sector professionals. Low oil prices are also flagged as being of significant concern, “stifling growth in the low carbon economy and reducing the imperative for energy efficiency”, and ultimately threatening climate change goals. The report highlights that, in terms of driving progress, energy efficiency has the “greatest scope for improvement within the built environment, specifically through retrofitting the building fabric”.
The project team also took the opportunity to ask their members about the potential effects on the energy sector if the UK were to leave the European Union. An “overwhelming majority of contributors to the Barometer foresee negative effects on the UK energy system” if this were to happen. Negative impacts were anticipated on “securing energy supplies, renewable energy development, climate change and sustainability, and air quality”.
The full report describes the top ten challenges for the sector identified by the survey.
Source: Energy Institute, Energy Barometer 2016, Views from UK energy professionals
“A provisional 1,023,000 measures were installed in around 829,000 properties through ECO, Cashback, Green Deal Plans and the Green Deal Home Improvement Fund to the end of October 2014 (the latest month that DECC has complete data for), up from 997,000 measures to the end of September.”
Additional Information – This information was taken from the Green Deal and Energy Company Obligation monthly statistics published on 18 December 2014. The release details the latest statistics on the Green Deal up to the end of November 2014 and the Energy Company Obligation up to the end of October 2014.
Source: DECC, Green Deal and Energy Company Obligation (ECO): monthly statistics (December 2014), 18 December 2014
“A provisional 910,000 measures were installed in around 754,000 properties through ECO, Cashback, Green Deal and the Green Deal Home Improvement Fund to the end of June 2014, up from 878,000 measures to the end of May. The large majority of installed measures (98%) were delivered through ECO.”
Additional Information – The statistics are taken from DECC’s Green Deal and Energy Company Obligation (ECO): monthly statistics (August 2014) published on 21st August 2014. This release presents the latest statistics on the Green Deal up to the end of July 2014 and for the ECO up to the end of June.
Source: DECC, Green Deal and Energy Company Obligation (ECO): monthly statistics (August 2014), 21 August 2014
Ofgem published new templates for Energy Companies Obligation (ECO) suppliers on 22 May 2014.
These were produced or updated to reflect suggestions from the ECO Reporting Working Group.
Ofgem reminds users that ‘Appendix 1 of the ECO Guidance for Suppliers lists the documents and data that an energy company will need to make available to an Ofgem auditor or officer for the purpose of an audit or other compliance check.’
Click here for more details
Source: Ofgem, Energy Companies Obligation (ECO) templates: new and updated, 22 May 2014
Edward Davey, Secretary of State for Energy and Climate, gave a speech on ‘Green social change: building an Energy Saving Society’ to the London School of Economics’ Energy Society on 11 March 2014.
Mr Davey stated that ‘Energy efficiency will be central to the transition to a low carbon world. Governments will need to lead – with regulations and with incentives. But a critical challenge is changing the behaviour of investors, firms, individuals and communities.’
Click here to read the speech in full
Source: DECC, Green social change: building an Energy Saving Society, 11 March 2014