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CRC - Energy Efficiency SchemeCRC Energy Efficiency SchemeThe CRC (Carbon Reduction Commitment) Energy Efficiency Scheme is a new cap and trade scheme, designed to create a shift in awareness, behaviour and infrastructures. The scheme appliesto large commercial and public sector organisations including supermarkets, hotel chains, government departments and large local authority buildings. The CRC Energy Efficiency Scheme targets emissions and energy use from large non-energy intensive organisations in both the public and the private sector whose annual mandatory half hourly metered electricity use is above 6,000MWh – focusing on those emissions outside the Climate Change Agreements (CCAs) and outside the direct emissions covered by the EU Emissions Trading Scheme (EU ETS). By driving energy efficiency, the CRC will deliver emissions reductions cost-effectively, saving participants money, and enabling sustainable growth. This will yield a benefit to participants of £1billion by 2020.Participants will also be rewarded for their improvements in energy efficiency by receiving a revenue recycling payment. Performance in the scheme will also be made public, adding a reputational incentive for participating organisations. Further information and queries on the Carbon Reduction Commitment If you have any queries on the CRC Energy Efficiency Scheme, please direct them to the Scheme Adminiistrator, The Environment Agency here |
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