UK ETS Civil Penalty Amendments
Previously, the UK ETS Authority consulted on amending the civil penalties imposed under the UK Emissions Trading Scheme (ETS), which can be viewed here. The main changes the Authority proposed were: – The inclusion of a penalty relating to the failure to submit information to Regulators specified in Article 27a of the Order, and – […]
SEPA Consultation: Emissions Trading Charging Scheme
The Scottish Environment Protection Agency (SEPA) is currently conducting a consultation regarding its Emissions Trading Charging Scheme for 2024. The suggested changes to the ETS Charging Scheme will be especially relevant for main scheme operators who are eligible for free allocation of emissions allowances, as well as participants in the Hospital and Small Emitter (HSE) […]
ESOS Action Planning – A New Requirement.
Are you prepared to comply with the Environment Agency’s ESOS Action Plan? Don’t get caught out! The Environment Agency published a specification for action plan reporting in June and in their September ESOS newsletter, they shared information about an extension to the ESOS Action Plan Reporting deadline. The Swan Energy team is completely ready to […]
Ensure compliance – Register for your MESOS account.
Register for your MESOS (Manage your Energy Savings Opportunity) reporting account now to ensure compliance with ESOS Phase 3. As mentioned in our previous ESOS Phase 3 – Latest Update, the Phase 3 ESOS compliance deadline. which was previously the 5th of December 2023, has been extended to the 5th of June 2024. This extension was granted […]
UK Carbon Border Adjustment Mechanism: Have your say.
On the 21st of March 2024, HM Revenue and Customs and the HM Treasury published the consultation ‘Introduction of a UK Carbon Border Adjustment Mechanism from January 2027’. The purpose of the consultation is to seek views on the proposed design, structure and administration of the UK Carbon Border Adjustment Mechanism. Background In December […]
Understanding the EU Carbon Border Adjustment Mechanism
The European Union’s (EU) Carbon Border Adjustment Mechanism (CBAM) has emerged as a pivotal tool in the EU’s efforts to combat climate change. This article summarises what the CBAM is, its purpose, who it applies to, how it shall be introduced, its link to other EU legislation and the possibility of a CBAM being implemented throughout […]
Heat networks funding availability throughout Scotland.
Swan Energy has previously discussed the grants which are available for heat networks throughout England and Wales. Read: Heat networks funding availability across England and Wales. However, the Scottish Government has implemented its own individual funding schemes which we share in this update. The Scottish Government states similar reasons to the UK Government regarding the need […]
Heat Network Market Framework – Consumer Protection Consultation.
Have your say on the consumer protection requirements the Heat Network Market Framework will enforce. As explained on our Heat Network Regulations Know How page, The Department for Energy Security and Net Zero (DESNZ) published an ‘Energy Bill Policy Statement’, relating to the ‘Heat Network Market Framework’ in March 2023. This relates to The Energy […]
Heat networks funding availability across England and Wales.
Looking forward towards low and zero carbon (LCZ) heat networks It is widely recognised that heat networks will play a crucial role in decarbonising the heat sector throughout the United Kingdom (UK), which will subsequently contribute towards achieving the UK Government’s policy on reaching Net Zero by 2050. At present, it is estimated by the […]
Manage your Emission Trading System – Latest Update
In 2021 the UK Emissions Trading Scheme (UK ETS) replaced the UK’s participation in the EU ETS. As part of this transition, a new UK system will soon be launched for Manage Your Emission Trading Scheme (METS). This will replace the existing ETSWAP system. Over the past few months we have provided regular updates as […]