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Landlords & Tenants 18:30 – Introduction by Giles Hutchins,  Head of Sustainability Solutions, Atos Origin UK .   18:45 - Guest Speakers 19:45 - Drinks/ Networking 20:30 - Evening Close
Message from DECC DECC warmly welcomes the establishment of this CRC Network. Forums like these will be vital in helping organisations to understand the scheme and share best practice. We are particularly pleased that this first event is focusing on bringing together landlords and tenants. CRC has been designed to try and overcome some of the split incentives that can prevent improvements in energy efficiency and are common in landlord/tenant situations. We hope that CRC will encourage landlords and tenants to work together, and this event is a positive step that we are very pleased to support.   -- Chiara Sorisi Senior Policy Advisor, DECC
The CRC Network Forum www.crcnetwork.co.uk
Drivers for sustainability Drivers of Sustainability
Landlords & Tenants 18:30 – Introduction by Giles Hutchins,  Head of Sustainability Solutions, Atos Origin UK .   18:45 - Guest Speakers 19:45 - Drinks/ Networking 20:30 - Evening Close
CRC –  Managing the data Reducing energy use David Symons WSP Environment & Energy www.wspenvironmental.com
[object Object],[object Object],[object Object],[object Object],Don’t overcomplicate the process
Allowance cost will depend on the type of office Cost per m2 Naturally Ventilated, Cellular Naturally Ventilated, Open plan Air Conditioned,  standard Air Conditioned,  prestige
[object Object],[object Object],[object Object],[object Object],Don’t overcomplicate the process
The energy profile for a London office 08:00 – 18:00 Occupied Office Building in London Time of Day
Use the data to reduce energy use Question 1 – What is the 50kW increase between 01:00 – 02:00? ? 08:00 – 18:00 Occupied Office Building in London Time of Day
Use the data to reduce energy use Reduction of 0.02%  Because – A scheduled valve exercise programme meant that chiller & pumps all turned on automatically Time of Day
Use the data to reduce energy use Question 2 – Why is the out of hours baseload 125kW? KW Time of Day kW ?
Use the data to reduce energy use ,[object Object],[object Object],[object Object],Reduction of 9%  Time of Day
Use the data to reduce energy use Question 3 – Why does the load increase at 5am, isn’t that a bit early? Time of Day ?
Use the data to reduce energy use Because – an optimiser in the BMS had been set at a different temperature to area set point.  The system could never catch up… Reduction of  14% Time of Day
Use the data to reduce energy use Question 4 – Why does the load remain high after 18:00? Question 5 – Why does the load increase again after 21:00? Time of Day ? ?
Use the data to reduce energy use ,[object Object],[object Object],[object Object],Reduction of 33%   Time of Day
[object Object],[object Object],[object Object],[object Object],Don’t overcomplicate the process
[object Object],[object Object],[object Object],[object Object],[object Object]
CRC – Opportunities for Stakeholders
Helping you deliver CRC Green Information Services  (GIS) is a new and innovative partnership, which brings together a group of well established industry experts in the field of carbon management.  . One of our specialist areas is CRC and we are strongly aligned with RSA's QUEST proposition. We aim to deliver a bespoke solution to our Clients , ensuring that their statutory obligations to the Government’s Carbon Reduction Commitment are fully met.
Some negative perceptions! ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Helping you deliver CRC
Opportunities – CRC Health Check ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Helping you deliver CRC
Opportunities – Strategic Review ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Helping you deliver CRC
Opportunities – At a local level ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Helping you deliver CRC
Stakeholder Interests Helping you deliver CRC
Thank You  www.les-ter.org [email_address]
Landlords & Tenants 18:30 – Introduction by Giles Hutchins,  Head of Sustainability Solutions, Atos Origin UK .   18:45 - Guest Speakers 19:45 - Drinks/ Networking 20:30 - Evening Close
HERMES Emission Trading Scheme Findings of first year of trading May 2009 Tatiana Bosteels Head of Responsible Property Investment
HETS 2008 Initial Questions ,[object Object],[object Object],[object Object]
Hermes ETS ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Developed with Upstream Sustainability Services at  Jones Lang LaSalle
Findings of Hermes ETS 2008 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Hermes ETS 2008 Results
Hermes ETS 2008 Results ,[object Object],[object Object],[object Object],5th 1st 2nd 5th 1st 2nd League  Table position 2015 2011 Year £11k £0.5k £10k £160k A £9k £4k £5k £45k C -£39k -£30k -£9k £100k D £ Overall cost or benefit £ Trading cost (+ or -) £  Recycling cost (+ or -) £ Allowances Bought Participant -£321k -£126k -£195k £415k D £128k £16k £112k £189k C £217k £2k £215k £667k A
Cash Flow impact of buying allowances ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Importance of accurate emissions projection ,[object Object],[object Object]
Importance of accurate projection ,[object Object],[object Object],[object Object],Participant D faces high trading costs Especially in phase 2 if the price of carbon increases, e.g. £50/tCO 2 £0 -£126,387 50 - 2,527,743  Yr5 D £0 £2,219 50 44,385.81 Yr5 A £0 -£45,499 18 - 2,527,743 Yr1 D £0 -£30,333 12 -2,527,743  Yr1 D Recycling Cost Trading Cost Allowance Price £/tCO 2 Difference between allowances and actual emissions (tCO 2 ) Scenarios
Impact of league table ,[object Object],[object Object],[object Object],-£321,784 -£195,397 -£126,387 50 5 of 5 Yr5 D -£39,292 -£8,959 -£30,333 12 5 of 5 Yr1 D £217,909 £215,689 £2,219 50 2 of 5 Yr5 A £10,422 £9,889 £533 12 2 of 5 Yr1 A Overall Cost Recycling Cost Trading Cost Allowance Price £/tCO 2 Position on league table Scenario
Impact of passing on cost/ benefits at asset level
Impact of passing on cost/ benefits at asset level ,[object Object],[object Object],-£19,071 -£5,162 -£13,909 50 20 of 22 Yr5 O -£3,620 -£282 -£3,338 12 20 of 22 Yr1 O £44,671 £30,736 £13,935 50 2 of 22 Yr5 M £5,023 £1,679 £3,344 12 2 of 22 Yr1 M Overall Cost Recycling Cost Trading Cost Allowance Price £/tCO 2 Position on league table Scenario
Impact of passing on cost/ benefits to occupiers ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Is there an incentive for Occupiers in CRC? ,[object Object],[object Object],[object Object],[object Object]
Impact of the League Table ,[object Object],[object Object],[object Object],[object Object],[object Object]
Thank you for attending our first CRC Network event.  Look for future CRC Network events on our website  CRCNetwork.co.uk.   Now please join us for drinks!

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Implications of CRC on Landlords and Tenants

  • 1. Landlords & Tenants 18:30 – Introduction by Giles Hutchins, Head of Sustainability Solutions, Atos Origin UK .  18:45 - Guest Speakers 19:45 - Drinks/ Networking 20:30 - Evening Close
  • 2. Message from DECC DECC warmly welcomes the establishment of this CRC Network. Forums like these will be vital in helping organisations to understand the scheme and share best practice. We are particularly pleased that this first event is focusing on bringing together landlords and tenants. CRC has been designed to try and overcome some of the split incentives that can prevent improvements in energy efficiency and are common in landlord/tenant situations. We hope that CRC will encourage landlords and tenants to work together, and this event is a positive step that we are very pleased to support. -- Chiara Sorisi Senior Policy Advisor, DECC
  • 3. The CRC Network Forum www.crcnetwork.co.uk
  • 4. Drivers for sustainability Drivers of Sustainability
  • 5. Landlords & Tenants 18:30 – Introduction by Giles Hutchins, Head of Sustainability Solutions, Atos Origin UK .  18:45 - Guest Speakers 19:45 - Drinks/ Networking 20:30 - Evening Close
  • 6. CRC – Managing the data Reducing energy use David Symons WSP Environment & Energy www.wspenvironmental.com
  • 7.
  • 8. Allowance cost will depend on the type of office Cost per m2 Naturally Ventilated, Cellular Naturally Ventilated, Open plan Air Conditioned, standard Air Conditioned, prestige
  • 9.
  • 10. The energy profile for a London office 08:00 – 18:00 Occupied Office Building in London Time of Day
  • 11. Use the data to reduce energy use Question 1 – What is the 50kW increase between 01:00 – 02:00? ? 08:00 – 18:00 Occupied Office Building in London Time of Day
  • 12. Use the data to reduce energy use Reduction of 0.02% Because – A scheduled valve exercise programme meant that chiller & pumps all turned on automatically Time of Day
  • 13. Use the data to reduce energy use Question 2 – Why is the out of hours baseload 125kW? KW Time of Day kW ?
  • 14.
  • 15. Use the data to reduce energy use Question 3 – Why does the load increase at 5am, isn’t that a bit early? Time of Day ?
  • 16. Use the data to reduce energy use Because – an optimiser in the BMS had been set at a different temperature to area set point. The system could never catch up… Reduction of 14% Time of Day
  • 17. Use the data to reduce energy use Question 4 – Why does the load remain high after 18:00? Question 5 – Why does the load increase again after 21:00? Time of Day ? ?
  • 18.
  • 19.
  • 20.
  • 21. CRC – Opportunities for Stakeholders
  • 22. Helping you deliver CRC Green Information Services (GIS) is a new and innovative partnership, which brings together a group of well established industry experts in the field of carbon management. . One of our specialist areas is CRC and we are strongly aligned with RSA's QUEST proposition. We aim to deliver a bespoke solution to our Clients , ensuring that their statutory obligations to the Government’s Carbon Reduction Commitment are fully met.
  • 23.
  • 24.
  • 25.
  • 26.
  • 27. Stakeholder Interests Helping you deliver CRC
  • 28. Thank You www.les-ter.org [email_address]
  • 29. Landlords & Tenants 18:30 – Introduction by Giles Hutchins, Head of Sustainability Solutions, Atos Origin UK .  18:45 - Guest Speakers 19:45 - Drinks/ Networking 20:30 - Evening Close
  • 30. HERMES Emission Trading Scheme Findings of first year of trading May 2009 Tatiana Bosteels Head of Responsible Property Investment
  • 31.
  • 32.
  • 33.
  • 34. Hermes ETS 2008 Results
  • 35.
  • 36.
  • 37.
  • 38.
  • 39.
  • 40. Impact of passing on cost/ benefits at asset level
  • 41.
  • 42.
  • 43.
  • 44.
  • 45. Thank you for attending our first CRC Network event. Look for future CRC Network events on our website CRCNetwork.co.uk. Now please join us for drinks!

Editor's Notes

  1. Presentation to Alasdair Evans and Tim Turnbull – End aug early Sept 08
  2. In the introductory phase of the CRC, an unlimited number of allowances will be sold to participants during a month-long window at a fixed price of £12/tCO 2 . Following this one off sale there will be a fixed quantity of allowances available on the secondary market for trading. In the introductory phase of the CRC, an unlimited number of allowances will be sold to participants during a month-long window at a fixed price of £12/tCO 2 . Following this one off sale there will be a fixed quantity of allowances available on the secondary market for trading.