Energy (Buildings and Reduction of Fuel Use) Bill
Official Summary
A Bill to require the Secretary of State to draw up and publish an Energy in Buildings Strategy; to require the Secretary of State to take reasonable steps to implement that Strategy; to require the Secretary of State to set cost-effective targets to reduce fuel use; and for connected purposes.
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Overview
The Energy (Buildings and Reduction of Fuel Use) Bill mandates the Secretary of State to create and implement a comprehensive Energy in Buildings Strategy aimed at reducing fuel consumption, promoting low-carbon buildings, and tackling fuel poverty. The bill also sets specific targets for reducing energy usage across different fuel types by 2020 and 2030.
Description
This bill requires the Secretary of State to publish an Energy in Buildings Strategy within 12 months of the bill's passage. This strategy must address:
- Low-carbon buildings
- Reduced fuel consumption
- Eradication of fuel poverty
The strategy must include cost-effective measures focusing on:
- Energy efficiency
- On-site and local energy generation
- Development of new technologies
The Secretary of State must consult relevant parties, implement the strategy, and provide annual progress reports to Parliament. The bill also sets legally binding targets for reducing energy demand by specific amounts (in TWh) for electricity, gas, and other fuels by 2020, with further reductions targeted for 2030. The Secretary of State has the power to revise these targets if greater reductions are deemed achievable and beneficial.
Government Spending
The bill doesn't specify exact figures for government spending. However, implementing the strategy and achieving the reduction targets will likely involve significant government expenditure on subsidies, grants, and other initiatives to support energy efficiency improvements, renewable energy development, and assistance for fuel-poor households.
Groups Affected
- Households: May see increased energy efficiency through grants or schemes, potentially leading to lower energy bills. Fuel-poor households are expected to benefit directly from the strategy's aim to eradicate fuel poverty.
- Businesses: May face new regulations and requirements for energy efficiency, potentially impacting costs but also creating opportunities in the renewable energy sector.
- Energy companies: Will likely be affected by the targets for reduced fuel consumption, potentially impacting their business models and investment strategies.
- Local authorities: Will have a role in implementing the strategy and may receive funding for local energy projects.
- Technology developers: May see increased demand for new energy-efficient technologies.
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