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Clifford Chance

Clifford Chance

Briefings

CRC: DECC's final decision on reform measures published

12 December 2012

The UK Department of Energy & Climate Change (DECC) has published its final proposals on reforming Phase 2 of the CRC Energy Efficiency Scheme in a response to its March 2012 consultation. Most of the simplifications proposed in March have been adopted but with a few variations. In addition, DECC intends to apply some of the changes to the current 2012/2013 and 2013/2014 compliance years in Phase 1,most significantly a reduction in qualifying fuels from 29 to 2 and abolition of the Performance League Table. The scheme is still in doubt, however, given the Government's announcement of a further CRC review in 2016 and its intention to abolish the tax element of the scheme as soon as public finances allow. This briefing looks at the principal reforms as set out in the Response.

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