NEWS UPDATE BUSINESS ENERGY TRACKER New Appointments
● Heat pump manufacturer QVANTUM has named Thomas Nowak as VP of government relations and public affairs. Nowak previously served as the secretary general of the European Heat Pump Association (EHPA) for nearly 18 years, playing a key role in establishing heat pumps as a prominent topic in the EU policy landscape and promoting the technology’s adoption across Europe.
● The new chief executive officer of BSRIA is Lisa Ashworth, who is tasked with furthering BSRIA’s growth ambitions. With a career served in organisations such as the Financial Times, PR Newswire, Frost and Sullivan, and Reevoo/Feefo, Lisa brings a successful track record of growing businesses across diverse sectors. In addition to her extensive operational experience, she has a strong background in setting up and expanding businesses internationally.
● CIBSE has appointed Fiona Cousins as its new president. Fiona, who holds several senior roles at Arup, brings extensive experience and a deep commitment to advancing sustainability and building performance in the industry. She takes over the presidency from Adrian Catchpole, whose objectives will remain a priority for CIBSE under the new leadership. As the new president, Fiona aims to leverage her extensive experience to drive the institution’s mission forward.
● ENERGY SOLUTIONS, a provider of sustainable hybrid power solutions, has appointed Nigel Stuart as its new chief operations officer. Stuart brings a wealth of experience from previous roles in the luxury maritime industry, as well as expertise in mechanical and electrical engineering, making him well-suited for his new position at Energy Solutions.
● Energy and decarbonisation consultancy CONCEPT ENERGY has appointed David Snow as its new MD. With over 30 years of experience in the industry, including leadership roles at companies like BP, ASDA, Siemens and Schneider Electric, David is a highly respected figure known for his expertise in sustainability and the built environment.
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New report highlights energy risks for businesses
The latest Business Energy Tracker report from npower has revealed the challenges around costs, data, and regulatory red tape that UK business energy users are facing. The 2024 edition of the tracker report surveyed large energy users and examines the impact of energy market conditions and policy decisions on businesses’ attitudes towards energy, risk, and investment. Energy remains a top business risk for
40% of organisations. However, there is a more positive outlook on energy costs, with 81% of businesses predicting either no change (48%) or a slight decrease (33%) in their energy costs over the next 12 months. Businesses are largely managing their
energy risks through energy efficiency (57%), followed by on-site generation and using energy management tools (37% for both). However, half of them
said cost was the greatest barrier to implementing these. The report also highlights the
increasing awareness and proactive use of energy consumption data among businesses, with 84% of
respondents stating that they analyse their energy data on a monthly basis. That said, the report reveals a
concerning lack of awareness around the upcoming Market-wide Half- Hourly Settlement (MHHS) reform, a major industry development that is expected to shape the way electricity is generated, used, and stored. The MHHS reform, set to be implemented between 2025 and 2026, will bring a much more granular level of data, which could be overwhelming for businesses that do not have a good understanding of their energy usage. To address this challenge and other
pressing concerns, the report outlines three critical measures that businesses believe the government should prioritise: providing support to manage energy demand, such as grants or tax breaks for energy efficiency measures, on-site generation, and energy management platforms; Simplifying non-commodity costs, which have risen considerably in recent years, and reducing the reporting requirements associated with these charges; reducing red tape for renewable energy schemes and other energy initiatives.
Meet the new faces in charge of energy policy
It is all change regarding the key ministers likely to impact the energy marketplace. In charge of the Energy Security department is Ed Miliband. The Doncaster MP was Secretary of State for the department ‘s earlier incarnation ( Energy & Climate Change) between 2007 and 2010. He was the leader of the Labour Party between 2010 and 2015, and under Sir Keir Starmer, he has long been Labour ‘s chief spokesman on energy and climate change. Croydon West MP Sarah Jones, who used to work for Shelter, is his Net Zero Minister. At the business department is Stalybridge and Hyde
MP Jonathon Reynolds. Whilst he has been shadowing this brief in recent years, he covered energy and climate change when Miliband was party leader. Looking after the buildings sector and local government
will be Deputy Prime Minister Angela Rayner. She will serve as communities secretary in the Ministry of Housing,
Communities and Local Government ( known as Levelling up, Housing and Communities under the Tories). She will have Greenwich MP Matthew Pennycook as her housing minister. He is a former chair of the Parliamentary Renewable and Sustainable Energy Group( PRASEG). Rayner has replaced Conservative Michael Gove,
who wisely retired before the election, as his Surrey Heath constituency was won with ease by Lib Dem Dr Al Pinkerton. Both Miliband and Reynolds’s predecessors, Clare Coutinho and Kemi Badenoch, were re-elected as MPs, albeit with vastly reduced majorities, but not as reduced as that of the long-standing Conservative energy minister Graham Stuart. He was much mocked when this spring he resigned, in order to return to work on retaining his constituency, but he was obviously wise to do so. In 2019 he won Beverly and Holderness by 18,000 votes. This time he squeaked home with a majority of just 184.
power mission by 2030. The Department for Energy Security
New clean power body turns
to experience Former Climate Change Committee chief executive Chris Stark has been appointed by Energy Secretary of State Ed Miliband to lead a new control centre tasked with delivering a clean
and Net Zero (DESNZ) says this Mission Control centre will serve as a one-stop shop, bringing together industry experts and officials to troubleshoot, negotiate, and clear the way for energy projects. Under Stark’s leadership, a team of top energy experts will work to break down barriers and accelerate progress on energy projects across the UK. The Mission Control for Clean Power
will focus on four strands of activity: ● setting and tracking the overall approach to delivering 2030 across the energy system ● real time monitoring of progress on UK infrastructure projects critical to 2030 ● acting as an innovation centre by encouraging discussion among experts
● serving as a convener for the Mission Control approach across government and with industry Stark, who has over a decade of
experience advising UK governments on climate and energy policy, will bring his extensive expertise to this new role. As the former head of the Climate Change Committee, he led independent advice on the UK’s net zero target and developed pathways to ensure the entire economy could meet this goal. The launch of Mission Control
comes alongside the work of Great British Energy, a new publicly-owned clean energy company. Its purpose is to help the UK take back control of its energy system, to cut bills and protect consumers, create good jobs across the country and tackle the climate crisis.
EIBI | JULY � AUGUST 2024
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www.eibi.co.uk
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