Posts tagged Department of Energy and Climate Change
Householders across Great Britain will be able to get even more cash for renewable heating kit, the Department of Energy and Climate Change (DECC) has announced today.
The money off vouchers available under the Renewable Heat Premium Payment (RHPP) scheme have been increased to £2,300 for ground source heat pumps, £2,000 for biomass boilers, £1,300 for air source heat pumps and £600 for solar thermal systems.
The RHPP scheme, first launched in July 2011, is designed to encourage householders to switch to renewable heat from traditional heating systems by offering money off the cost of the equipment. The scheme is targeted at those living off the gas grid, where most money on bills and carbon can be saved.
Energy and Climate Change Minister Greg Barker said: “Over 10,000 householders have already taken advantage of money off renewable heating kit and we want to see even more consumers stepping up to the plate and getting on board.
“But I want to go even further. I want to kick start this exciting new market for consumer renewable heat technologies.
“This time limited, big increase in the value of vouchers for hardworking people who want to do something positive to install money saving green heating in their homes, should be a real boost for this growing green sector.”
The scheme was extended in March this year until the end of March 2014 ahead of the launch of a Renewable Heat Incentive for householders, with around £12 million up for grabs.
Alongside changes to the voucher values, householders will now be required to undertake a Green Deal assessment before submitting a claim to the Energy Saving Trust to redeem their voucher.
This will help householders think about how renewable heat could fit with energy efficiency improvements for their home and ensure they are advised on choosing the right technology for them.
The additional voucher values are intended to reflect the cost of a Green Deal assessment, as well as the cost of getting these technologies installed in homes. Householders can also use the Green Deal to pay for some of the cost through savings on their energy bill.
The increased voucher values and Green Deal assessment requirement will kick in for any applications submitted today onwards.
Major industry Players back the Green Deal Finance Company as £244m funding package is ready to flow
The Green Deal Finance Company (GDFC) has confirmed a £244 million funding package to set-up Green Deal Plans that will enable providers across the country to begin work on the scheme.
The GDFC can also confirm the 16 organisations behind the stakeholder loan – all key players in the Green Deal. This package will provide very long-term and low-cost funding to enable householders across all parts of the country to finance energy efficiency improvements to their homes.
The 16 organisations behind the stakeholder loan are key players in the Green Deal, including energy suppliers, potential Green Deal installers and the Department of Energy and Climate Change. They are British Gas, Carillion, CertiNergy, CIGA, the Department for Energy & Climate Change, Domestic and General Insulation, EDF Energy, E.ON, Gentoo, InstaGroup, Kingfisher, Newcastle City Council, RWE npower, PricewaterhouseCoopers LLP, SSE, and ScottishPower.
The financing package consists of:
- committed funding of £69 million from 16 members of the company and other stakeholders in the Green Deal in the form of Stakeholder Loans and Junior Capital
- an additional Junior Capital Facility of £20 million and a Contingent Capital Facility of up to £30m provided by DECC
- a senior debt facility of £125 million provided by the UK Green Investment Bank
Mark Bayley, Chief Executive of the Green Deal Finance Company, said: “I am delighted to confirm the completion of the £244m financing package with our principal stakeholders, DECC and the UK Green Investment Bank. We can now offer Green Deal Providers a one-stop-shop to set up, finance and administer Green Deal Plans.
“By ensuring that householders can only borrow what they can expect to save in energy bills, and by offering a fixed rate for 10 to 25 years, Green Deal Plans will be affordable and widely available to over 80% of the population. No other consumer credit product offers a fixed rate for up to 25 years and is this inclusive.”
“I am also delighted to be making this announcement after very strong growth in Green Deal assessments of energy-saving measures requested by householders during March, well in excess of the 1,800 or so assessments carried out in February. Many of these assessments can be expected to convert into Green Deal Plans as householders install the measures into their homes.”
Commenting on the publication of the latest Green Deal statistics, Energy and Climate Change Minister Greg Barker said: “It is clearly very early days but the latest figures on the Green Deal show that this new market is gathering real momentum. 9,268 Green Deal assessments taking place in just over two months is very encouraging and shows a genuine interest from consumers.
“The Green Deal gives people the opportunity to improve the efficiency of their homes, make them warmer and protect themselves from rising energy bills.
“The number of businesses getting on board continues to rise steadily, underlining that the Green Deal offers fantastic new commercial opportunities.
“48 firms are now authorised as providers, with a further 831 registered to carry out installations and over a thousand individuals registered to offer assessments. Overall this is a really promising start for the Green Deal.”
What is your reaction to the £244 million funding for the Green Deal initiative that will finance energy efficiency improvements to people’s homes and boost the trades? Share your thoughts by commenting here or raise your voice on our Facebook and Twitter pages.
The reforms to the scheme are set to deliver 55 per cent cost reduction and a total of £272 million worth of savings for participants in the in the scheme.
The simplification of the CRC programme will make it easier for businesses to feel the benefits of using less energy, and will also support jobs in the energy savings industry.
The changes are expected to increase demand for energy efficient products and services.
Minister of State Gregory Barker said: “Energy efficiency increases productivity and is good for growth so it is important that we continue to incentivise this through the CRC.
“We have listened to the concerns of business and radically simplified the scheme in order to cut down on administrative costs and red tape. And we will consider how to encourage new renewable on-site generation through the CRC scheme.
“The scheme will now be more flexible and light-touch, saving participants money and helping them to save energy”.
Reforms to the CRC Energy Efficiency Scheme include:
- Reducing the number of fuels that participants have to report against from 29 to 2 (electricity and gas for heating).
- Reducing scheme complexity by removing the 90% rule and Climate Change Agreements (CCA) exemption rule.
- Abolishing the Performance League Table but continuing to publish participants aggregated energy use and emission data.
- Reducing overlap with other climate change legislation.
- Withdrawing all state-funded schools in England from the scheme.
- Government will consider how the CRC can incentivise the uptake of new onsite renewable self-supplied electricity.
Communities that host onshore wind farms could benefit from reduced electricity bills and investment in local infrastructure, Energy Secretary Edward Davey said today.
The Department of Energy and Climate Change has launched a consultation into how communities could benefit from having wind farms near them which could boost the green industry and create new jobs.
The community benefits consultation will seek new information on how wind farms could deliver wider environmental and social benefits to communities.
It is aimed at encouraging participation by local businesses in the economic supply chain for wind projects as well as providing new employment opportunities for the renewable industry.
Energy Secretary Edward Davey said: “This new call for evidence will look at ways to reward host communities and ensure that wider investment, employment and social benefits are felt locally.
“We must also ensure that our policies are based on the best available evidence, so that consumers are not over-subsidising any one technology. That’s why we are seeking new evidence on the cost of onshore wind.”
Energy Minister John Hayes said that the new consultation is evidence that both parties in the Coalition are alive to the need for fresh thinking about the green economy.
Mr Hayes said: “Appropriately sited onshore wind has a role to play, but if we’re to make this work in a way that garners popular support, we’ve got to see a big improvement in how developers engage with local communities, new ways of ensuring a sense of local ownership and more obvious local economic benefits.”
“Hundreds of plumbers, electricians and gas engineers to benefit from the investment”
Millions of funding to get low carbon heating into peoples’ homes, including into hundreds of social houses across the nation, is still up for grabs according to the Department of Energy and Climate Change (DECC).
Local authorities, housing associations and registered providers of social housing are being urged to benefit from the millions of pounds available from the Renewable Heat Premium Payment (RHPP).
The scheme will replace more renewable heating systems, including biomass boilers, solar hot water panels and heat pumps, creating new employment opportunities for plumbers, electricians and gas engineers.
The RHPP has reopened thanks to the high value for money of projects already allocated funding under the scheme which will make tenants’ homes warmer, cosier and far more energy efficient.
Today, the DECC announced that up to £2.5 million of additional funding will be allocated under this element of the scheme.
Energy and Climate Change Minister Greg Barker said: “We have already awarded nearly £5 million to 72 projects under this year’s scheme, helping householders stay warm this winter and move away from expensive old heating systems to new clean renewable ones.
“But the high value for money of the bids we have received to date means that there is still money up for grabs and I would urge social landlords across the nation to apply and take advantage of all this scheme has to offer.”
The closing date for applications is 9 October 2012 and successful bidders will be announced shortly afterwards. You can find out more about the scheme and how to apply from here.
What is your reaction to the reopening the of the Renewable Heat Premium Payment scheme which will bring financial investment to the trades and create new jobs in the industry? Share your thoughts by commenting here or raising your voice on our Facebook and Twitter page.
A new report has revealed the UK will reduce the cost of electricity generated by offshore wind by 30 % in the next seven years.
The report, published by the industry-led Offshore Wind Cost Reduction Task Force, showed evidence that the offshore wind industry can make significant cost reduction in its delivery of 18 GW electricity from wind farms, which is around 20% of UK’s total electricity demand.
The report found the industry could drop delivery cost from £140/MWh today to £100/MWh by 2020, achieving substantial savings of £3 billion per year.
Energy Minister, Charles Hendry, welcomed the announcement by saying: “I am encouraged that this report shows that substantial cost savings can be achieved if action is taken and I welcome this valuable work. I look forward to working closely with industry to take this forward further and deliver these ambitious targets.”
Offshore Wind Cost Reduction Task Force made 28 specific recommendations for the renewable sector to diverse and secure more affordable energy for consumers. The report also encourages industry officials to work more closely with the government for optimising collaboration
Mr Hendry emphasised on the importance of offshore wind farms and their role in securing low carbon energy mix in the future, but he also said that energy costs must come down too.
Andrew Jamieson, Chair of the Offshore Wind Cost Reduction Task Force, said: “To ensure that the UK’s world-leading offshore wind sector expands rapidly over this decade and fulfils its massive potential within the UK’s energy mix, it is vital that costs are reduced. In doing this not only will we reduce risk and drive investment into the sector, we will further protect consumers from increasing energy costs, reduce the industry’s requirement for financial support and deliver jobs and energy security for decades to come.”
What is your reaction to the report which suggests the offshore wind industry will reduce cost by over 30 per cent in the next seven years? Share your thoughts by leaving a comment here or raising your voice on our Facebook page.
Assessors, installers and providers of Green Deal services will face no fees for registration or oversight during the scheme’s first two years, the Department of Energy and Climate Change (DECC) has announced.
The DECC is going to fund all costs associated with the registration and oversight service in order to help those participating in the scheme, with the intention of moving to a fee-based approach from year three onwards, when the Green Deal has become established.
Speaking at Wolseley, UK’s Plumb Centre Green Deal open day in Leamington Spa, Energy and Climate Change Minister, Greg Barker welcomed the announcement of “no registration fees” which will encourage participation in the scheme and give businesses the confidence they need.
Mr Barker said: “No registration fees for the first two years will remove burdensome admin costs at a time when many can least afford them, helping encourage organisations to get on-board and offering more freedom of choice for consumers.”
The announcement follows the appointment of a multi-service provider Gemserv to run the new Green Deal oversight body which will be responsible for the registration of assessors, installers and providers, the DECC confirmed today.
Commenting on the recent appointment the Energy Minister said: “We need to make sure all the Green Deal assessors, installers and providers get our stamp of approval to ensure the highest level of consumer protection for householders and businesses under this scheme. I am delighted that Gemserv has risen to the challenge and is going to take on this very important role.”
Do you welcome the announcement of “no fees” for installers and Green Deal providers? Share your thoughts by leaving a comment here or raising your voice on our Facebook page.
As part of the Green Deal, the Government has set out a new legislation which will help the energy industry enhance customer protection and improve energy efficiency in the UK, the Department of Energy and Climate Change revealed this week.
The rising cost of gas and electricity as well as millions of energy inefficient homes across the UK have urged the Government to bring the second phase of the Green Deal into operation, boosting the low carbon economy and supporting up to 60, 000 jobs in the insulation industry.
An additional investment of £1.3 billion a year to develop heating measures across the UK is expected to be announced by Energy and Climate Change Secretary, Edward Davey, later this week.
Commenting on the new legislation Mr Davey said: “I am determined to make sure that, in addition to creating huge opportunities for Green Deal providers and businesses along with thousands of new jobs, this new market in energy efficiency will deliver the very best deal for consumers.”
He explained that the new legislation will allow the energy industry to implement the Green Deal and improve energy efficiency, making sure that the most vulnerable homes are benefiting from the scheme.
The Energy and Climate Change Secretary said: “We have listened very carefully to what industry, consumer groups, and other organisations have told us. Broad support for a managed, tested and careful introduction of the Green Deal fits exactly with our objective to provide an excellent customer experience from day one and a market where a range of new players can readily participate.”
What is your reaction to the new legislation of the Green Dean that will improve energy efficiency and boost employment across the UK? Share your thoughts by leaving a comment here or raising your voice on our Facebook page.
Prime Minister David Cameron and Norwegian Prime Minister Jens Stoltenberg agreed last week a major partnership between the UK and Norway that will boost energy activities between the two countries and bring investment of millions of pounds that will create thousands of new jobs, the Department of Energy and Climate Change revealed.
The partnership between Norway and the UK is designed to secure sustainable long-term energy supplies, improve a wide range of energy activities between the two countries and encourage economic growth.
Prime Minister Cameron, who attended a breakfast meeting with ten leading energy companies from Norway and the UK, highlighted the importance of this partnership for closer collaboration between the two countries that will improve energy security and help economic growth.
Mr Cameron said: “The jobs and investments announced today highlight how vital the strong relationship between Norway and the United Kingdom is for our energy security and economic growth. We look forward to strengthening our partnership further, driving investment into a diverse, sustainable energy mix that delivers affordable long term supplies for consumers.”
Charles Hendry, UK Minister of State for Energy, said: “For many decades Norway has been one of our most trusted and valuable partners, working with us to develop North Sea resources that underpin our energy security. Mr Hendry added: “The investments and jobs announced today by British and Norwegian companies are a clear signal of the benefits of this partnership.”
- “Norwegian global oil services firm Aker Solutions will create 1,300 new highly skilled jobs by 2015 at its engineering hub in Chiswick. This comes on top of 1,000 new jobs it has already created in the UK over the past two years.
- Statoil intends to invest a further £12 billion over the lifetime of the UK’s Mariner-Bressay North Sea oil fields in addition to the £6 billion they have already announced. This will lead to the creation of up to 300 new jobs in the UK in the next few years, including at a new operations base in Aberdeen, in addition to 700 UK jobs from this investment that have already been announced.
- A new Memorandum of Understanding has been agreed between Statoil and Centrica to continue cooperation on gas supply and exploration. This builds on the £13 billion, ten year gas supply deal agreed between the two companies last November and follows the recent completion of a £1billion asset deal between the two companies that will increase Centrica’s oil and gas reserves by 29 percent.
- The Forewind Consortium, which includes Norwegian companies Statoil and Statkraft, has confirmed its intention to develop the 9GW Dogger Bank offshore wind project off the East coast of Yorkshire, which could require up to £30 billion of investment. This project could provide more than 10% of the UK’s electricity needs. In addition to this project Statoil and Statkraft are investing around £1billion in developing the Sheringham Shoal offshore wind farm off the coast of Norfolk, which is already generating power and will be completed later this year. It will provide power to more than 200,000 UK homes when fully operational. The project employs 500 workers in the field and provides significant secondary employment.
- Good progress is being made in two projects to build one of the world’s longest subsea electricity interconnectors between the UK and Norway, which will enable the UK and Norway to share renewable energy resources, with each project worth over £1 billion: NSN (National Grid and Statnett) and NorthConnect (SSE, Vattenfall, Agder Energei, E-CO and Lyse).
- A deal between Shell and Gassco to strengthen UK energy security by providing British customers with more gas from Norway. By making better use of spare capacity in the UK gas transport system, Norwegian gas owners and transporters, including Shell, will be able to transport more gas from Norwegian fields via the Tampen Link to the FLAGS pipeline into St Fergus.”
Prior to hosting the International Conference on Clean Energy in London this week Energy and Climate Change Secretary, Edward Davey, said that innovation in developing green technology should be a key drive in tackling climate change as well as improving energy efficiency.
Mr Davey said: “Part of the way that we’re going to tackle climate change and get clean energy is through innovation, particularly with small and medium entrepreneurs.
“We’re allocating a fund of £35 million which will help innovators and entrepreneurs develop and demonstrate low carbon technologies.”
He commented: “The first wave is going to be in energy efficiency in buildings, things like advanced lighting, heat pumps, ventilation technologies and so on. This is a practical way that we can make sure we get to the low carbon economy.”
Small and medium businesses will be able to benefit from the financial support of £35 million over the next three years by demonstrating their ideas and improving energy efficiency in the UK. Firms can apply for up to £1 million funding from the government which is expected to help them secure additional investment from the private sector.
In addition to the announced funding opportunities for the renewable sector, a new dedicated low carbon funding navigator will go live tomorrow. The website will help users and a wide range of businesses to search for the latest funding opportunities in the low-carbon industry. It will help industry professionals to find the right partners and build collaborative ventures.
The Department of Energy and Climate Change expects that by creating the new service and placing valuable information at users’ fingertips it will help smaller businesses to reduce wasted time and missed opportunities.
What do you think about the £35 million energy fund that will provide innovative support for small and medium businesses? How could you or your business benefit from this investment? Share your thoughts by leaving a comment below:
The Department of Energy and Climate Change (DECC) has committed an investment of £3.5 million to help more tradespeople become qualified as part of the governments’ energy efficiency scheme, the Green Deal.
Trained and skilful professionals are crucial for getting the Green Deal right. The new investment will contribute towards the training of hundreds of assessors, installers and existing trade professionals who will make energy efficient improvements to thousands of homes in the UK.
Energy and Climate Change Secretary, Edward Davey, said the £3.5 million will help hundreds of people to prepare for accurate implementation of the Green Deal and deliver a real success on the ground. The energy efficiency scheme will renovate millions of homes and office buildings across the UK which are currently inefficient, and will create up to 65,000 jobs by 2015.
Mr Davey said: “We have worked hand in hand with industry to get this right and are targeting funding at the areas where there is an urgent need as well as a clear demand. We hope this will encourage businesses across the country to fully prepare their staff for the launch of the Green Deal later this year.”
The announcement comes as Scotland’s first minister, Alex Salmon, approved a £1 billion investment for the wind energy industry. This will create 600 additional jobs in the renewable industry and power nearly half-a million homes across Scotland.
What is your reaction to the new investment by the DECC to meet the demand for energy efficient schemes across the UK? Share your thoughts by leaving a comment on Train4TradeSkills’ Facebook and Twitter pages:
Today, Mr Davey has unveiled that he has created a dedicated team within the Department of Energy and Climate Change (DECC) to look at different methods of improving energy efficiency and making it more relevant to people’s everyday life.
Speaking at a meeting with key industry leaders in London today, the Energy Secretary explained that the Green Deal is a vital policy not only for the environment, but also for economic growth and job creation across Britain.
Mr Davey said: “I’m hugely enthusiastic about energy efficiency. It’s the cheapest way of cutting carbon emissions – and cutting bills for consumers. It has to be right at the heart of what we do.”
The dedicated team at the new Energy Efficiency Deployment Office (EEDO) will work in collaboration with other energy departments to communicate the positive implications the scheme is going to have on the environment as well as to the renewable sector.
This year the government will enable homeowners to take a loan to install insulation or other energy-saving measures to help the environment. People will be able to install packages of energy saving technologies such as insulation at no upfront cost with repayments made over time out of the energy savings.
Davey emphasised the importance of the project for the thousands of people who will to benefit from the significant government investment and contribute for greener and more efficient economy.
He said: “The Green Deal will play a huge part in this work and will also support jobs in the insulation and construction industries– as many as 65,000 right across the country by 2015. It can help us deliver a fairer, greener economy. And help us get young people back into work – or into work for the first time.”
What is your reaction on Davey’s commitment to push forward for the Green Deal and improve energy efficiency? Baring in mind the 65,000 people who will be employed as result of the scheme do you share minister’s enthusiasm about new jobs? Let us know by leaving a comment here:
New figures released by the European Commission as an update on countries’ performance against renewable energy targets by 2020 suggest around 12,000 jobs will be created across the UK through renewables investment announced in 2011.
The Department of Energy and Climate Change (DECC) has released new figures outlining significant investment in renewable energy projects during fiscal year 2012. The new data indicates that with three months still to go until the end of this fiscal year, companies have announced plans for almost £2.5bn of investment in renewable energy projects.
Energy Secretary Chris Huhne believes that renewable energy projects are not only important to reduce UK’s carbon emissions but also to stimulate economic growth and create jobs.
Mr Huhne said: “Renewable energy is not just helping us increase our energy security and reduce our emissions; it is supporting jobs and growth across the country, and giving traditional industrial heartlands the opportunity to thrive again.”
The figures for the UK show the country has increased its renewable energy consumption 27 per cent from 42.6TWh in 2008 compared to 54TWh in 2010.
However, this is still a long way of the 15 per cent target imposed by the EU for 2020. The report also showed that wind generation rose 46 per cent from 7TWh in 2008 compared to 10.2TWh in 2010.
Insisting on UK’s commitment to meet renewable energy targets set by the EU, Mr Huhne highlighted the importance of renewables for the economy and businesses in the UK.
“Our renewable target is less demanding than other EU member states, but the effect is bringing real jobs and investment,” said the Energy Secretary. “I do not want the UK to be left behind by turning our back on the green economy. The agreement to negotiate a global deal secured at Durban has reinforced major nations’ commitment to cutting carbon. We cannot afford to stand alone while the world wises up.”
Do you think the Government will meet the renewable energy targets imposed by the EU by 2020? How is the implementation of the program going to benefit your business? Share your thoughts with us by commenting below: