New energy department must do the BEIS for large users

The UK’s new energy department must ensure large gas and power users are accounted for when making policy decisions. That’s the view of Dave Cranfield, General Manager at Total Gas & Power, who says energy intensive industries “must not be forgotten”. His comment comes after newly appointed Prime Minister Theresa May announced her Cabinet reshuffle […]

EU approves £280m compensation for UK energy intensive industries

The UK has been granted permission by the EU to provide state aid compensation to the nation’s energy intensive industries (EIIs) for the cost of green taxes. The package is worth around £280 million until the end of the decade. The news comes as the government aims to give more certainty to the UK steel […]

UK must ‘extend compensation for heavy energy users’

The UK Government must extend the compensation package to some energy intensive industries that weren’t initially covered. Jeremy Nicholson, Director of the Energy Intensive Users Group told ELN there are concerns about the “mounting costs of the renewable programme and to a lesser extent our decarbonisation goals generally”. However they have been offset by the […]

Only CCS can decarbonise heavy industry – report

Carbon capture and storage (CCS) is the only technology that can help decarbonise the energy intensive industry to help meet the UK’s carbon targets. That’s according to a new report form think tank Green Alliance, which claims the UK’s approach to developing CCS only focuses on cutting the costs of electricity production. It believes the […]

EU nod for Romania’s tax caps for large energy users

The European Commission has approved Romania’s proposals to reduce its green tax for energy intensive users. The green certificate reduction scheme gives partial compensation to major energy users for the cost of financing renewable energy support in the country. The Commission assessed it under the provisions of its new Energy and Environmental Aid Guidelines adopted […]

UK invites views on heavy energy users’ compensation eligibility

Proposals on how to work out which energy intensive industries (EIIs) will be given compensation to provide relief from the costs of renewable policies have been published. Those such as the Renewables Obligation (RO) and Feed-in Tariffs (FiTs) which offer payments to green energy generators add extra charges on energy bills. The RO will be […]

EU seeks low carbon solutions for energy intensive industries

A new initiative to help finance low carbon technology solutions – especially those used in energy intensive industries – that cut greenhouse gas emissions has been launched. The European Commission is inviting proposals from companies for a €20 million (£16.3m) fund as part of its Sustainable Industry Low Carbon II (SILC II) scheme. It will […]

EU probes French tax caps for large energy users

The European Union antitrust regulators have opened an investigation into whether the green tax reductions in France for large energy users give the companies a “selective advantage”. France levies a surcharge on all consumers to finance its drive for wind power. It subsidises renewable energy projects with a tax called CSPE which is levied on […]

IEA – Expensive energy will undermine industry in the EU

The competitiveness of energy intensive industry in the EU and Japan will be undermined by expensive energy in the future. That’s according to the International Energy Agency’s (IEA) latest World Energy Outlook released earlier today. The annual report found wide disparities in the price of energy in different regions and said although the gap will […]

CBI: Government and firms must step up action on efficiency

The Government needs to provide more support for businesses to take up energy efficiency measures and “untangle overlapping policies” whilst firms should step up action to cut their costs. The call from the CBI comes as it suggests more needs to be done to boost energy efficiency as it can help businesses reduce energy bills, […]