Renewable Energy

The use of renewable energy sources can have positive business and financial benefits. Of course it also adds to the general improvement and diversification of our energy sources.

True Energy actively supports the introduction of low and zero emmission energy sources to combat the real risks and present impact of global climate change

Britain, as a part of a global effort needs to reduce its reliance on carbon emitting energy generation.

UK Goals

• Legislation: Mainly Kyoto Driven-lots & growing
• Climate Change Levy (CCL) - Energy Tax
• Carbon Reduction Commitment -4/09-New Energy Tax
• Emissions Trading Scheme (EU-ETS) Legislation phase 1 & 2
• Integrated Pollution Prevention Control Legislation (IPPC)
• Energy Performance in Buildings part L (EPBD UK law)
• Road Transport Fuels Directive (RFTD)
• Renewable Obligation & Targets 20% by 2020 (RO’s)

UK Energy Situation

• Over the next two decades, the UK will need substantial new investment in electricity generation capacity to replace closing coal, oil and nuclear power stations and to meet expected growth in electricity demand.
• 8GW (a third of current capacity) of the UK’s coal power stations must close no later than 2015 (EU environmental legislation.)
• More than 10GW of the UK’s nuclear power stations will close by 2023.
• The UK is likely to need around 25GW of new electricity generation capacity by 2025, (more than 30% of today’s capacity).

Global Energy Demand