Under the government’s CRC Energy Efficiency Scheme, which comes into force in May, energy-intensive businesses and public-sector organisations will be responsible for recording and monitoring their CO2 emissions, as well as purchasing carbon allowances equivalent to their emissions each year.
The jointly developed EPG is designed to help organisations meet their obligations through an energy-use strategy that delivers guaranteed energy savings that outweigh the cost of implementation.
The EPG will allow organisations to deploy decentralised energy systems without the need for upfront investment.
Michael Woodhead, managing director of E.ON’s Sustainable Energy business, said: ‘The regulatory landscape is changing rapidly and businesses are struggling to respond.
‘Under the Energy Performance Guarantee we’ll fund and fit efficiency measures, with none of the financial burden going to our customers. The upfront costs are ours and customers only pay from energy savings that they make over a fixed contract period.’
Invinity to build 20MWh flow battery in UK
Redux flow cells have had nowhere near the R+D effort compared to Lithium ion. They certainly have the potential (pun not intended) for longer...