Carbon Reduction Commitment
The CRC Energy Efficiency Scheme (CRC) is a mandatory emissions trading scheme that aims to reduce CO2 emissions through energy efficiency. Starting in April 2010 it affects large organisations in the UK primarily in the commercial and public sector and is intended to sit alongside CCA's and the EU ETS.
Qualifying Criteria
If your company has a CCA it could still be affected by the CRC. Qualification for the CRC is based on half-hourly electricity consumption. You will qualify for the CRC if your organisation has at least one half-hourly meter (HHM) settled on the half-hourly market and that the electricity consumption through all your HHM's exceeded 6,000 MWh in 2008. If you meet the criteria you will need to register as a participant of the scheme.
Organisations that had at least one HHM during 2008 but did not consume 6,000 MWh will have to make an Information Disclosure.
Registration and Information Disclosure's are done via the Environment Agency website during the registration period (1st April 2010 - 30th September 2010).
CRC and CCA's
The CRC is designed to allow organisations with CCA's to be exempt provided the CCA covers at least 25% of the organisations emissions. Emissions covered by the EU ETS are also not reported under CRC. If your company is exempt, you will still need to participate but will be able to apply for exemption during the registration period (1st April 2010 - 30th September 2010).
Registration and Further Information
To register or for further information on the CRC, please visit the Environment Agency website:
http://www.environment-agency.gov.uk/business/topics/pollution/98263.aspx
