April 2024 Newsletter

Welcome to the latest Net Zero, Carbon Reduction, and Energy Management news updates

Unlocking the potential of a TM44 inspection

With the British summer on the doorstep, there is always uncertainty about the weather, how it will affect your buildings and how much heavy lifting your heating and cooling system will be doing to keep building occupants comfortable.

But at a time of high energy costs and an approaching net zero target for the UK, can your business afford to have an inefficient air conditioning unit?

A TM44 inspection is a powerful tool to provide businesses with information about how energy efficient their cooling systems are. The accompanying TM44 report will provide invaluable advice on how to save money and lower your carbon footprint by improving the performance of your commercial heating and cooling systems.

Reduce the costs and carbon emissions of your air conditioning

ESOS Phase 3 upcoming deadline

If you are required to comply with the Energy Savings Opportunity Scheme (ESOS) the deadline to submit your notification is the 5 June 2024.

However, the Environment Agency will not take action against organisations that do not comply with this deadline, providing they register their account with the new IT system by 5 June 2024, and submit their notification of compliance by 6 August 2024. The regulatory enforcement extension period will end after 6 August 2024.

Find out how we can help you guarantee your ESOS compliance

The most important things happening in ESOS right now

Over recent months, there has been several changes to the scheme that may impact the way businesses make their submissions and what they will need to include to ensure their compliance.

In this blog, our Lead ESOS Assessor and Senior Energy Consultant, Sam Arje, will explore five of the most important things that are happening in ESOS right now. 

Feedback from our customer, Squarepoint Capital

After completing our customer, Squarepoint Capital’s, ESOS and Streamline Energy and Carbon Reporting (SECR), we have received some great feedback from the business on their experience working with us:

We always received quick responses and all the team were very helpful, thank you!

The latest news coming out of TEAM

Energy industry expert and energy data professional join TEAM Energy to support customers with energy and carbon management

We are delighted to welcome Energy Industry Analyst, Tom Darwen to our growing Bureau team, and Energy Services Analyst, Nora Szigethi to support our customers in managing their energy portfolios, reducing their carbon emissions and meeting energy management targets.

Read more about Tom and Nora’s appointment

TEAM to install new EV charging stations at their Milton Keynes office

We have recently installed 10 EV charging stations at our Milton Keynes office to enable employees to charge their electric vehicles. This exciting initiative is in line with our electric vehicle employee salary sacrifice scheme in partnership with Octopus Energy, which makes the transition to greener commuting more accessible to our employees.

These initiatives are to support our Carbon Reduction Strategy and to help our employees and business reduce the impact we have on the planet.

Learn more about how we plan to reduce our emissions

TEAM Energy joins SME Climate Hub to pledge its commitment to becoming net zero

Along with thousands of other businesses who are tackling climate change we have joined the SME Climate Hub.

By joining the Hub, we have pledged to achieve net zero emissions along with many other businesses across 120 countries. The official pledge is to halve its emissions by 2030 and achieve net zero emissions by 2050. However, with our Carbon Reduction Strategy we have set out to become net zero by 2030.

Along with our Net Zero Strategy, joining this community will demonstrate to other businesses and customers our commitment to reducing our impact on the environment through authentic action.

Read more about our partnership with SME Climate Hub

TEAM at the O2 for MRI’s Ascend event

We attended MRI’s Ascend event at the O2 which took place earlier this month. It was great to connect with so many people and network with other professionals in the energy management and sustainability industry.

We are a member of IEMA

We are pleased to have become a member of the Institute of Environmental Management and Assessment (IEMA), a professional body for those working in environment and sustainability. This partnership demonstrates our commitment to putting sustainability at the centre of our business and we are looking forward to continuing our work and building a strong relationship with the IEMA.

Latest Energy Management News

Wholesale Market Review update

Throughout April, we saw an increase in wind generation as we experienced more blustery days, reducing the requirement for more expensive gas-fired assets to meet domestic demand. With a wetter and colder April than many would like, gas rose by 6% due to below average temperatures. 

Discover the latest from the wholesale market

National Gas has published its 2024 Summer Outlook

National Gas published its Summer Outlook for 2024. It states that forecasted summer demand for gas is expected to reduce overall compared to last year, this is largely due to the expectation of reduced exports to continental Europe, as well as lower demand for gas and power generation.

Read the Summer Outlook Report 2024

UK Energy Trends

UK energy production in 2023 fell 9% to the lowest level since records began in 1948, according to new figures. The latest Government statistics reveal the total was also down 36% in 2010, and 66% in 1999 when UK production peaked.

Stay up to date with the latest energy statistics

Latest Net Zero News

MP Graham Stuart quits as Energy Security and Net Zero Minister

Energy minister, Graham Stuart, has stood down from his role in the Department of Energy Security and Net Zero (DESNEZ) to focus on local issues, he has been replaced by MP Justin Tomlinson.

March 2024 marks the tenth hottest month on record

According to research by The Copernicus Climate Change Service (C3S), March 2024 was globally warmer than any other previous March on record, with an average surface air temperature of 14.14C. This is the tenth month in a row that has been the warmest on record, with the global average temperature for the past twelve months the highest on record.

Extreme Weather Conference

The Extreme Weather Conference is due to take place on Thursday 20 June 2024 at The Institute of Structural Engineers, Central London. With extreme weather events increasing in frequency and severity across the UK, this one day conference will provide practical insights on how we can build resilience to extreme weather, reduce risks, and prepare people, homes, businesses and infrastructure.

Learn more about the Extreme Weather Conference

Boost for drivers as millions delivered for EV chargepoints across the country

The UK Government is delivering £381 million Local Electric Vehicle funding to councils, which can choose where is best to install EV charge points in their local areas. Since the launch of this, 44 councils have had payments worth over £185 million to help residents charge their electric vehicles.

Read more about the roll out of EV charges in the UK

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