We have a problem: for each effective kWh of heat electricity costs 7.6p and gas 4.7p but the gas emits 193g CO2 compared with 82g from the electricity...
The concept of a smart meter that can talk to the supplier and to appliances to react to time-of-use energy parameters sounds quite straight forward. But there is a major problem in adopting more advanced metering technology which is the incumbent vested interest of the suppliers...
Imagine that you are the government and you have identified that there is an urgent need to reduce the national Carbon emissions. So, you set about designing incentives to motivate investment...
Where the current annual reporting requirements get us, is to a position which is equivalent to trying to run a business by reviewing the annual statutory accounts. Firstly the data is up to 18 months old by the time it is reviewed and any decisions taken are long gone with no thought to the Carbon impact. Secondly there is no granularity so it is impossible to see what the Carbon impact was of different business activities...
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