COP 21 Commitment
The 2015 United Nations Climate Change Conference, COP 21 or CMP 11 was held in Paris, France, from 30 November to 12 December 2015. It was the 21st yearly session of the Conference of the Parties (COP) to the 1992 United Nations Framework Convention on Climate Change(UNFCCC) and the 11th session of the Meeting of the Parties to the 1997 Kyoto Protocol.
The conference negotiated the Paris Agreement, a global agreement on the reduction of climate change, the text of which represented a consensus of the representatives of the 196 parties attending it. The agreement will become legally binding if joined by at least 55 countries which together represent at least 55 percent of global greenhouse emissions. Such parties will need to sign the agreement in New York between 22 April 2016 (Earth Day) and 21 April 2017, and also adopt it within their own legal systems (through ratification, acceptance, approval, or accession).
According to the organizing committee at the outset of the talks, the expected key result was an agreement to set a goal of limiting global warming to less than 2 degrees Celsius (°C) compared to pre-industrial levels. The agreement calls for zero net anthropogenic greenhouse gasemissions to be reached during the second half of the 21st century. In the adopted version of the Paris Agreement, the parties will also "pursue efforts to" limit the temperature increase to 1.5 °C. The 1.5 °C goal will require zero emissions sometime between 2030 and 2050, according to some scientists.
Learn more about Tom Old's views on Paris
December 17th 2015
Energy UK's statement on Paris climate deal
Following the global agreement on climate change reached in Paris, Energy UK has issued a statement.
Lawrence Slade, chief executive of Energy UK, said:
“The new global agreement on climate change that was announced in Paris is a historic milestone. The UK energy industry will continue to play its part in reducing carbon emissions and meeting climate change targets.
“Government and industry must now work together to create the right conditions to drive investment in low-carbon technologies and create a dynamic sector with the right mix of generation which will not only achieve our climate commitments but will also create jobs across the country. It is also vital to secure UK’s energy supply while ensuring energy remains affordable for everyone.”
December 21st 2015
P272 is a mandatory, industry-wide change issued by OFGEM and will be implemented by all energy suppliers.
P272 defines that all non-half hourly (NHH) metered supplies with profile codes 05-08 (first two digits of your top line MPAN) must be settled as half hourly supplies (Profile Code 00) with effect from 1st April 2017.
Currently the majority of the electricity usage in mainland UK is estimated and therefore suppliers and network operators are unable to know the exact demands on the network & the exact costs of supply. A project has already been completed to install Automated Meters (AMRs) on all these supplies in preparation for P272, this was completed by 31st December 2014.
What are the implications of P272?
- Your electricity supply structure will change to include new half hourly charging structures such as capacity charges (£/kVA/Mth) and metering charges
- Mid-term contract changes are envisaged by suppliers
- Your electricity invoice will change in the way usage is displayed & the elements of your contract
- You may need to appoint a meter operator, data collector & data aggregator for your meter
- If you have a new supply installed above 60 kVA it most likely will have to be installed as a true half hourly supply (Profile 00) with half hourly metering contract.
If you wish to discuss P272 further please do not hesitate to get in touch: email@example.com
November 21st 2015
Generators who produce renewable power are provided with a government certificate to evidence that they have produced power which is 100% renewable. This certificate is called a Renewable Energy Guarantee of Origin (or ‘REGO’). It is passed to an energy company to hold as evidence that the power they have sourced and supplied to their customers is 100% renewable.
It used to be the case that renewable power supplied to business customers was exempt from Climate Change Levy. As part of the levy exemption scheme, Ofgem produced Levy Exemption Certificates (or ‘LECs’) which it provided to renewable generators along with REGOs. Suppliers could use these certificates to evidence that any renewable power we supplied to customers was exempt from CCL. This exemption was removed in the 2015 Budget with effect from 1 August 2015. From this date the government will no longer produce LECs but it will continue to produce REGOs.
December 21st 2015