The Seventh Carbon Budget: What It Means for UK Businesses
The UK’s Climate Change Committee (CCC) has released its Seventh Carbon Budget, setting out ambitious targets for reducing greenhouse gas emissions between 2038 and 2042. As part of the UK’s legally binding commitment to reach net-zero emissions by 2050, this budget provides a roadmap for businesses and policymakers to follow. They suggest that the UK’s […]
Key Changes to ESOS Phase 4
Following the ESOS consultation in July 2021, the intention was for the Energy Savings and Opportunities Scheme to have more of a focus on Net Zero as well as energy efficiency. However, due to delays with updates to the legislation and guidance and the launch of MESOS during Phase 3, the government has announced that […]
COP29 Key Takeaways for Energy Transition and Climate Finance
As the curtain falls on COP29 in Baku, Azerbaijan, the conference leaves a mixed legacy of progress and contention in the global fight against climate change. Hosted by a nation deeply tied to fossil fuels, this year’s summit navigated through complex negotiations on energy transition, climate finance, mobility innovations, and resilience-building in vulnerable regions. Here […]
Trump’s Victory and its Impact on Global Climate Commitments
The US election held on November 5th resulted in Donald Trump`s victory over Kamala Harris. Experts, academics, and climate scientists have voiced concerns about how his election may affect efforts to combat climate change. From his previous term, it is known that he is not a supporter of the green transition. He is calling green […]
2024 Autumn Budget: Big Wins for Green Tech and Net Zero Progress
On the 30th of October, Rachel Reeves, the Chancellor of the Exchequer for the UK Government, unveiled the nation’s 2024 Autumn Budget, which includes several measures to address economic concerns and promote environmental projects. In addition to raising £40 billion in taxes to fill a massive budgetary void, the Chancellor’s autumn statement includes billions of […]
UK Government launches online UK Business Climate Hub to help SMEs transition to Net Zero
[vc_row][vc_column][vc_column_text]By: Steve Atkins – Principal Consultant, Consultus International The UK’s Department for Energy Security and Net Zero (DESNZ) last week launched a new online platform to assist SMEs in their journey to become Net Zero. The website, called the UK Business Climate Hub, allows businesses to access advice to help reduce energy costs and to […]
UK government announces further £22 million boost for renewable energy
By: Steve Atkins – Principal Consultant, Consultus International Group In a government press release this morning (3rd August 2023), the UK’s Energy Security Secretary, Grant Shapps, has announced a further £22 million of government backing into renewable projects via the Contracts for Difference Scheme. The additional spending takes the budget to £227 million for the […]
Energy Savings Opportunity Scheme (ESOS)
Update 7th July 2023 ESOS Phase 3 Extension – Deadline 5th June 2024 The government’s Department for Energy Security and Net Zero (DESNZ) has announced that the deadline for compliance with the current Phase of ESOS (Energy Savings Opportunity Scheme) has now been extended to 5th June 2024, rather than 5th December 2023 as originally […]
ESOS Guidance for Phase 3
By: Steve Atkins – Principal Consultant The UK government has published updated guidance for companies mandated to take part in the Energy Savings Opportunity Scheme (ESOS). The long-awaited rules set out the reporting requirements for compliance and place a significant additional burden on companies. So, what has (and hasn’t changed) in the scheme? Timescales As […]
Government response to Consultation on support schemes for Energy Intensive Industries (EII)
By Dipa Tank – Risk Management Specialist, Consultus International Group Background For almost a decade, the UK government has provided more than £2billion of financial support to businesses in energy intensive sectors through the introduction of various schemes to boost the share of electricity generated from renewable and low-carbon sources to meet its legally binding […]
UK Government Release Plans to Bolster Energy Security
By Conor Klapatyj, Risk Management Specialist, Consultus International “Building resilience requires the UK to generate more power from domestic source.” As spring begins, the coming season provides certainty of new life, warmer weather, and lighter days. Yet the shadow of conflict looms over Europe and energy markets remain under a shroud of uncertainty. In the […]
