Energy and Utility Management Consultants

UK to miss 2020 renewable target, DECC budget cut

July 2013

 

Research undertaken by the European Renewable Energy Council (EREC) has reported that the UK is not currently expected to meet its 2020 target of 15% energy from renewable sources. Of the 11 EU member states included, only Austria, Italy and Sweden are on track to meet targets.

In last week’s Government spending review, Chancellor George Osborne confirmed that the budget for the Department for Energy and Climate Change (DECC) would be reduced by 8% for 2015-16. The Chancellor has however insisted that the £83 million saved will be put back into investment for energy infrastructure improvements. A DECC spokesperson said that the budget cuts would be managed through improvements in efficiency and that the programme of reforms to stimulate a low carbon economy would continue.

A property we manage for one of our clients has two half hourly electricity supplies, which share an available capacity between them. The supplier however confused this and thought each supply had its own capacity set at the shared level, effectively doubling the capacity being billed. CTP picked up this error and arranged for each account to be rebilled correctly, resulting in an annual saving of £6,264 for our client.

If you aren’t already benefitting from our full Utility Bureau Service (UBS) – which includes completely impartial and professional energy procurement and utility consultancy, and invaluable advice on energy management – there couldn’t be a better time to get in touch to see how we can benefit your business.

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