As we begin 2022, many of us are still processing the events of 2020, let alone 2021. From an industry perspective, the current energy crisis has added fuel to the fire. Amongst our usual round ups for the year ahead, we explore what the impact of these price increases mean in financial terms, take a look at the new Green Gas Levy and provide a summary of consultations, notices, policies and upcoming legislation that may affect your business.
As you travel across the country by car or train you will likely notice fields filled with solar panels or large warehouses and other commercial buildings with impressive solar arrays installed across their roofs tops. These are the two most common types of solar PV array are usually what we think of when we talk about large scale solar farms. However, there is a lesser known type of solar farm that is slowly taking off around the world that is likely to become as commonplace as the solar farms we are used to seeing.
The word ‘cloud’ is used a lot in our modern lives. Apart from the things in the sky that store rain, the cloud can be somewhere we access work documents, where we store digital photos, upload videos for family abroad to see or using a cloud-based email system.
Humankind has been using water to support our everyday lives for thousands of years. One of the most common and historic methods for using water to support our everyday lives is by using it to power watermills. Watermills were originally designed by the Greeks and have evolved as technology and knowledge has advanced through the ages. The concept of watermills, which are usually found alongside flowing rivers, is to run water through a water wheel that drives machinery for milling or hammering. However, watermills have since evolved; dams are the modern day watermills and are commonly used to generate electricity, known as hydropower.
Climate Change Levy (CCL) was introduced in 2001 under the Finance Act 2001 for non-domestic organisations. It is one of the longest running energy based policies to date. CCL was initially offset by a reduction in National Insurance contributions for businesses and was launched to encourage them to operate in a more environmentally friendly way. The levy is applied to electricity, gas, liquid petroleum gas (LPG) and solid fuels. However, exemptions for supplies from certain energy sources apply.