Consultus Energy Outlook - October 2019

Your one stop guide to what is affecting the energy markets.

Government announces decarbonisation proposals in report response

 

The government published its response to the Committee on Climate Change’s (CCC) July report on reducing the UK’s emissions, setting out a number of new policy actions.

Published on 15 October, the report, Leading on clean growth: government response to the Committee on Climate Change 2019 progress report to Parliament – Reducing UK emissions, covered progress emissions from power, buildings, industry and transport, as well as setting out action.

On building emissions, the government said that decarbonising the UK’s building stock is “at the heart of our ambition to achieve a net zero economy by 2050”

The government announced it will be consulting in early 2020 on a policy package to phase out fossil fuel heating in buildings off the gas grid. Additionally, it said it will consult later this year on the appropriate mechanism to increase the proportion of green gas on the grid.

The government announced proposals to set minimum energy efficiency standards of rented commercial buildings at EPC band B by 2030 in a new consultation. Additionally, the government will launch a consultation in 2020 on introducing mandatory in-use energy performance ratings for business buildings.

Landlords and tenants “often do not have aligned incentives to improve the performance” of buildings, where several barriers related to cost, time and competing priorities remain. Providing a decade lead-in time for landlords to plan improvements will help to minimise disruption to businesses, strengthen Private Rented Sector regulations and encourage the market to scale…read more

 

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