The CRC is an Energy Efficiency Scheme and is a mandatory for the reporting of carbon emissions for large public and private sector organisations in the UK, that use more than 6,000MWh per year of electricity and have at least one half-hourly meter settled on the half-hourly electricity market.
The scheme is managed, on behalf of the UK Government’s Department for Business, Energy and Industrial Strategy (BEIS), by the Environment Agency (in England), by Natural Resources Wales (in Wales), by the Scottish Environment Protection Agency (in Scotland), and by the Northern Ireland Environment Agency (in Northern Ireland).
The scheme is divided into a number of phases, with each phase lasting five years. Currently, the scheme is in its second phase running from April 2014 to March 2019.
The UK government announced in 2016 that the CRC Energy Efficiency Scheme will be abolished following the 2018-19 compliance year.