The Department of Energy Security and Net Zero (DESNZ) extended the Phase 3 compliance deadline to 5 June 2024 to give companies time to meet the new reporting requirements, which are aimed at improving the scheme and taking greater action on energy efficiency.

In this article we summarise the changes.

WHAT'S NEW

>  Requirement for a summary template to include compliance information in the ESOS report

>  Requirement to submit additional data in the compliance notification (it can be found in Annex A from DESNZ)

>  Requirement to include an energy intensity metric in ESOS reports

>  A change to the de minimis exemption so that participants’ Significant Energy Consumption covers at least 95% of their Total Energy Consumption (as

compared to 90% in Phase 2)

>  Requirement for ESOS reports to provide more information on next steps for implementing recommendations

>  Requirement for participants to set a target or action plan following the Phase 3 compliance deadline, on which they will be required to report against annually

>  Requirement to share ESOS reports with subsidiaries

The changes will be subject to legislative scrutiny and timetable, with the enabling primary legislation (The Energy Bill) currently passing through Parliament. Government will update participants when the Energy Bill has received Royal Assent, and the draft regulations are introduced to ensure there is a reasonable amount of time to meet the new requirements.

Would you like to know more?

Or do you have any questions about one or more of these topics?

Feel free to contact us at hello@bramoenergy.com.