Implications of the Carbon Reduction Commitment (CRC) are far-reaching and will apply both within the public and private sectors across the United Kingdom. About 20,000 organisations will likely be affected, based on how much electricity they consumed in the baseline year of 2008. The scheme has a number of detailed reporting and compliance requirements, as well as potential financial and ...
On March 10, HP introduced Energy & Sustainability Management services, which will provide end-to-end support for enterprise customers looking to reduce costs and increase overall efficiency Demand for green energy solutions continues to grow, and HP Services is looking to increase its global market share in this niche by introducing HP Enterprise & Sustainability Management (ESM) services. As a ...
This white paper offers an explanation of the challenges and opportuni- ties inherent to the Carbon Reduction Commitment (CRC) legislation. First, we will explain the CRC carbon reporting regulation in some depth. Second, we will then communicate this information in the context of a hypothetical company ABC plc.
As will be seen from the scenarios presented, organisations must keep accurate ...
IBM has partnered with Harvard University researchers on a new WCG project to discover organic materials that have the potential to create a more efficient and lower-cost solar cell. If this research proves fruitful, it has the potential to make solar energy much more cost-competitive with fossil fuels and other power generation methodologies. The project not only has the potential of solving ...
Major capital projects are the lifeblood of the oil and gas industry, and their end-products are a significant source of revenue for the project stakeholders (private, public and governmental parties) who share the burden of cost and risk associated with these projects. With so many interests riding on the success of a major capital project, every project management and execution team is under ...
Centralizing the energy procurement function for an industrial or commercial company is not a simple task. For all companies, hurdles abound; some within the company and some outside of it. Overcoming these hurdles requires strong leadership, a disciplined strategy and the ability to successfully prepare for the challenges ahead.
It happens everywhere – the energy component of conversion cost skyrockets when production is scaled back. The cause is clear and avoidable. You can avoid this pitfall by taking immediate action to reduce the fixed component of energy consumption.
Purchasing professionals face some universal issues, whether they are buying cardboard, beef or industrial exhaust systems. Everyone wants the lowest possible cost. No one wants surprises in the contract. And everyone knows that more bidders typically bring more competitive pricing.
Reverse auctions have turned the once-secretive, sealed-bid process for procuring goods and services into an open bidding war – which appears to be to the advantage of the buyer. Under this arrangement, the buyer contracts with a third party that issues a request for quotations from suppliers. At a predetermined day and time, suppliers log into an auction site and input price quotes, competing ...
Organizations across the United Kingdom continue to prepare for their participation in the CRC Energy Efficiency Scheme, formerly known as the Carbon Reduction Commitment (CRC). The legislation is due to be passed into law by early 2010 and will make the UK government the first to instigate a scheme of this nature to address the growing problem of carbon emissions and adverse climate change.
The ...
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