Energy Company Satisfaction Survey
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TEACHERS' RETIREMENT SYSTEM of the STATE of ILLINOIS 2815 West Washington Street I P.O
Teachers’ Retirement System of the State of Illinois Compliance Examination For the Year Ended June 30, 2020 Performed as Special Assistant Auditors for the Auditor General, State of Illinois Teachers’ Retirement System of the State of Illinois Compliance Examination For the Year Ended June 30, 2020 Table of Contents Schedule Page(s) System Officials 1 Management Assertion Letter 2 Compliance Report Summary 3 Independent Accountant’s Report on State Compliance, on Internal Control over Compliance, and on Supplementary Information for State Compliance Purposes 4 Independent Auditors’ Report on Internal Control over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards 8 Schedule of Findings Current Findings – State Compliance 10 Supplementary Information for State Compliance Purposes Fiscal Schedules and Analysis Schedule of Appropriations, Expenditures and Lapsed Balances 1 13 Comparative Schedules of Net Appropriations, Expenditures and Lapsed Balances 2 15 Comparative Schedule of Revenues and Expenses 3 17 Schedule of Administrative Expenses 4 18 Schedule of Changes in Property and Equipment 5 19 Schedule of Investment Portfolio 6 20 Schedule of Investment Manager and Custodian Fees 7 21 Analysis of Operations (Unaudited) Analysis of Operations (Functions and Planning) 30 Progress in Funding the System 34 Analysis of Significant Variations in Revenues and Expenses 36 Analysis of Significant Variations in Administrative Expenses 37 Analysis -
Sse Plc Sustainability Report 2021 the Year in Numbers
POWERING CHANGE SSE PLC SUSTAINABILITY REPORT 2021 THE YEAR IN NUMBERS SSE has the largest renewable electricity portfolio in the UK ABSOLUTE EMISSIONS RENEWABLES IN CONSTRUCTION and Ireland, providing energy needed today while building (SCOPE 1 AND 2) AND OPERATION Coronavirus statement a better world of energy for tomorrow. It develops, builds, The report covers the first full operates and invests in low-carbon infrastructure in 7.6MtCO e 5.8GW year of operations within the 2 constraints of the coronavirus support of the transition to net-zero, including onshore pandemic. Thanks to a highly and offshore wind, hydro power, electricity transmission RENEWABLES CONNECTED TO SSEN MEDIAN GENDER PAY GAP (UK) resilient business model and the and distribution networks, alongside providing energy TRANSMISSION’S NETWORK AND OPERATION commitment and flexibility of its employees, SSE maintained products and services to customers. the safe and reliable supply of 6.7GW 18.3% electricity throughout the year UK-listed and headquartered in Perth, SSE is a major and did not draw on furlough or rates relief in doing so. Further contributor to the economies in the UK and Ireland. It NUMBER OF SAFE DAYS RENEWABLES COMMUNITY FUNDS detail of SSE’s response to the employs more than 10,000 people and is real Living Wage AND OPERATION coronavirus outbreak can be and Fair Tax Mark accredited. found on sse.com/coronavirus 271 and throughout this report. £10.2m This Sustainability Report for the period 1 April 2020 to 31 March 2021 aims to provide enhanced disclosure of UK/IRELAND TAXES PAID SSE’s policies, practice and performance against its key economic, social and environmental impacts and goals. -
Smart Consumers in the Internet of Energy: Flexibility Markets & Services from Distributed Energy Resources 1/82
Monica Giulietti Chloé Le Coq Bert Willems Karim Anaya CERRE 2019 | Smart Consumers in the Internet of Energy: Flexibility Markets & Services from Distributed Energy Resources 1/82 The project, within the framework of which this report has been prepared, has received the support and/or input of the following organisations: Enel and Microsoft. As provided for in CERRE's by-laws and in the procedural rules from its “Transparency & Independence Policy”, this report has been prepared in strict academic independence. At all times during the development process, the research’s authors, the Joint Academic Directors and the Director General remain the sole decision-makers concerning all content in the report. The views expressed in this CERRE report are attributable only to the authors in a personal capacity and not to any institution with which they are associated. In addition, they do not necessarily correspond either to those of CERRE, or to any sponsor or to members of CERRE. © Copyright 2019, Centre on Regulation in Europe (CERRE) [email protected] www.cerre.eu CERRE 2019 | Smart Consumers in the Internet of Energy: Flexibility Markets & Services from Distributed Energy Resources 2/84 Table of contents Table of contents .............................................................................................................. 3 Table of Figures ................................................................................................................ 4 Acknowledgements ......................................................................................................... -
Reforming the Electricity Market
HOUSE OF LORDS Select Committee on Economic Affairs 2nd Report of Session 2016–17 The Price of Power: Reforming the Electricity Market Ordered to be printed 8 February 2017 and published 24 February 2017 Published by the Authority of the House of Lords HL Paper 113 Select Committee on Economic Affairs The Economic Affairs Committee was appointed by the House of Lords in this session “to consider economic affairs”. Membership The Members of the Select Committee on Economic Affairs are: Baroness Bowles of Berkhamsted Lord Layard Lord Burns Lord Livermore Lord Darling of Roulanish Lord Sharkey Lord Forsyth of Drumlean Lord Tugendhat Lord Hollick (Chairman) Lord Turnbull Lord Kerr of Kinlochard Baroness Wheatcroft Lord Lamont of Lerwick Declaration of interests See Appendix 1. A full list of Members’ interests can be found in the Register of Lords’ Interests: http://www.parliament.uk/mps-lords-and-offices/standards-and-interests/register-of-lords- interests Publications All publications of the Committee are available at: http://www.parliament.uk/hleconomicaffairs Parliament Live Live coverage of debates and public sessions of the Committee’s meetings are available at: http://www.parliamentlive.tv Further information Further information about the House of Lords and its Committees, including guidance to witnesses, details of current inquiries and forthcoming meetings is available at: http://www.parliament.uk/business/lords Committee staff The staff who worked on this inquiry were Ayeesha Waller (Clerk), Ben McNamee (Policy Analyst), Oswin Taylor (Committee Assistant) and Dr Aaron Goater and Dr Jonathan Wentworth of the Parliamentary Office of Science and Technology. Contact details All correspondence should be addressed to the Clerk of the Economic Affairs Committee, Committee Office, House of Lords, London SW1A 0PW. -
Energy White Paper: Powering Our Net Zero Future
Introduction ENERGY WHITE PAPER Powering our Net Zero Future December 2020 | CP 337 1 Energy White Paper The Energy White Paper Powering our Net Zero Future Presented to Parliament by the Secretary of State for Business, Energy and Industrial Strategy by Command of Her Majesty December 2020 CP 337 © Queen’s Printer and Controller of HMSO 2020 This publication is licensed under the terms of the Open government Licence v3.0 except where otherwise stated. To view this licence, visit: nationalarchives.gov.uk/doc/open-government-licence/ version/3 Where we have identified any third party copyright information you will need to obtain permission from the copyright holders concerned. This publication is available on our website at: www.gov.uk/beis Any enquiries regarding this publication should be sent to us at: [email protected] ISBN 978-1-5286-2219-6 CCS0220144090 12/20 Printed on paper containing 75% recycled fibre content minimum Printed in the UK by the APS Group on behalf of the Controller of Her Majesty’s Stationery Office Introduction Contents Foreword 02 Introduction to the Energy White Paper 04 CHAPTER 1 | Consumers 18 CHAPTER 2 | Power 38 BEIS modelling 60 CHAPTER 3 | Energy system 64 Transport 88 CHAPTER 4 | Buildings 96 CHAPTER 5 | Industrial energy 118 CHAPTER 6 | Oil and gas 132 Glossary 148 References 156 Energy White Paper ENERGY WHITE PAPER Ministerial foreword The government presents this white paper at a time of unprecedented Tackling climate change will require peacetime challenge to our country. decisive global action and significant investment and innovation by the public Coronavirus has taken a heavy toll and private sectors, creating whole new on our society and on our economy. -
View Members of the Access and Forward Looking Task Forces Here
Organisation Name Email address Task Force Stakeholder Group Forward-Looking Citizens Advice Andy Pace [email protected] Consumer representatives charges Energy Intensive Users Forward-Looking Jeremy Nicholson [email protected] Consumer representatives Group charges Forward-Looking Energy Local Mary Gillie [email protected] Local energy groups charges Forward-Looking Centrica Tim Collins [email protected] Large generators and suppliers charges Forward-Looking Npower (supplier) Daniel Hickman [email protected] Large generators and suppliers charges Scottish Power Energy Forward-Looking Joe Dunn [email protected] Large generators and suppliers Management charges Forward-Looking SSE plc John Tindal [email protected] Large generators and suppliers charges Forward-Looking Good Energy Tom Steward [email protected] Small suppliers charges Forward-Looking BUUK (IDNO) Michael Harding [email protected] Network companies charges Electricity North West Forward-Looking Chris Barker [email protected] Network companies Limited charges Forward-Looking National Grid Louise Schmitz [email protected] Network companies charges Forward-Looking Northern Powergrid Andrew Enzor [email protected] Network companies charges Scottish and Southern Forward-Looking Nigel Bessant [email protected] Network companies Electricity Networks charges Forward-Looking UK Power Networks Chris Ong [email protected] Network companies charges Association for -
Annex 1: Parker Review Survey Results As at 2 November 2020
Annex 1: Parker Review survey results as at 2 November 2020 The data included in this table is a representation of the survey results as at 2 November 2020, which were self-declared by the FTSE 100 companies. As at March 2021, a further seven FTSE 100 companies have appointed directors from a minority ethnic group, effective in the early months of this year. These companies have been identified through an * in the table below. 3 3 4 4 2 2 Company Company 1 1 (source: BoardEx) Met Not Met Did Not Submit Data Respond Not Did Met Not Met Did Not Submit Data Respond Not Did 1 Admiral Group PLC a 27 Hargreaves Lansdown PLC a 2 Anglo American PLC a 28 Hikma Pharmaceuticals PLC a 3 Antofagasta PLC a 29 HSBC Holdings PLC a InterContinental Hotels 30 a 4 AstraZeneca PLC a Group PLC 5 Avast PLC a 31 Intermediate Capital Group PLC a 6 Aveva PLC a 32 Intertek Group PLC a 7 B&M European Value Retail S.A. a 33 J Sainsbury PLC a 8 Barclays PLC a 34 Johnson Matthey PLC a 9 Barratt Developments PLC a 35 Kingfisher PLC a 10 Berkeley Group Holdings PLC a 36 Legal & General Group PLC a 11 BHP Group PLC a 37 Lloyds Banking Group PLC a 12 BP PLC a 38 Melrose Industries PLC a 13 British American Tobacco PLC a 39 Mondi PLC a 14 British Land Company PLC a 40 National Grid PLC a 15 BT Group PLC a 41 NatWest Group PLC a 16 Bunzl PLC a 42 Ocado Group PLC a 17 Burberry Group PLC a 43 Pearson PLC a 18 Coca-Cola HBC AG a 44 Pennon Group PLC a 19 Compass Group PLC a 45 Phoenix Group Holdings PLC a 20 Diageo PLC a 46 Polymetal International PLC a 21 Experian PLC a 47 -
Rio Tinto BHP, Tesco, Sainsbury, Arcelormittal, National Grid
Quarterly Engagement Rio Tinto Report July-September BHP, Tesco, 2020 Sainsbury, ArcelorMittal, National Grid 2 LAPFF QUARTERLY ENGAGEMENT REPORT | JULY-SEPTEMBER 2020 lapfforum.org CLIMATE EMERGENCY Puutu Kunti Kurrama and Pinikura Aboriginal Corporation Rio Tinto under pressure from investors over Juukan Gorge As LAPFF has been learning more about “My interaction with Mr. Rio Tinto’s involvement in the destruc- Thompson, in his roles as Chair tion of the historically significant caves of both Rio Tinto and 3i, has been at Juukan Gorge in Western Australia, there have been increasing concerns positive thus far. However, I sense about the company’s corporate govern- that investors are losing confidence ance practices. Consequently, the Forum in his leadership and in his board at – along with other investor groups, most Rio Tinto. It will be a long road back What happened at prominently the Australasian Centre for for the company.” Juukan Gorge? Corporate Responsibility (ACCR) - has been pushing the company to review its Cllr Doug McMurdo In May, Rio Tinto destroyed 46,000-year- corporate governance arrangements. old Aboriginal caves in the Juukan One of the main strategies in this Gorge region of Western Australia. The engagement has been to issue press responding to information issued by explosions were part of a government releases citing LAPFF’s concerns as vari- Australian Parliamentary inquiries into sanctioned mining exploration in ous details of Rio Tinto’s practices were this matter. There appears to be increas- the region. The caves are of cultural revealed through a range of investiga- ing evidence of corporate governance fail- significance to the Puutu Kunti tions. -
A Brief History of the GB Energy B2C Retail Market – 'The Disruption Of
22nd Edition November 2020 World Energy Markets Observatory A brief history of the GB energy B2C retail market – ‘the disruption of incumbents’ Over the last 15 years, the GB energy retail market has changed significantly. A look back to 2005 shows 12 suppliers, with the ‘Big 6’ incumbent energy retailers – EDF Energy, British Gas, SSE, Scottish Power, npower (RWE) and E.ON having a market share of effectively 100% of the 30 million customers in the UK.1 Only 15 years later, the market in 2020 looks dramatically million in gas.3 Of these, 22% were customers switching away different - with over 50 suppliers, and the market share of the from the six largest suppliers.4 legacy incumbents’ being reduced to circa 70%. Moreover, suppliers previously thought of as “challengers” or “small Not every new entrant or challenger that has entered the suppliers” have made large acquisitions and/or grown market has been successful. In particular, in 2018 we witnessed significantly. The market is now dominated by Ovo Energy, 14 exits from the market, with Ofgem, the energy regulator, EDF, British Gas, Scottish Power and E.ON. needing to use supply of last resort arrangements for over one million customers.5 Further, a series of acquisitions from Figure 1 provides a chronicle (2005 to 2020) of how the market Octopus Energy (including ENGIE, Co-Operative Energy, structure has changed and how the UK energy retail market Affect Energy and Iresa Energy) have seen their customer base has become one of the most competitive in Europe. The increase to over one million in less than five years. -
Utility 2050 Regulation, Investment and Innovation in a Rapid Energy Transition
UTILITY 2050 REGULATION, INVESTMENT AND INNOVATION IN A RAPID ENERGY TRANSITION MARCH 2021 UTILITY 2050 - REGULATION, INVESTMENT AND INNOVATION IN A RAPID ENERGY TRANSITION THE UK’S NET-ZERO EMISSIONS BY 2050 TARGET BECAME LAW IN 2019 • WE KNOW THAT ACHIEVING IT WILL REQUIRE FAR-REACHING AND DISRUPTIVE CHANGE ACROSS MANY DIFFERENT SECTORS. • A KEY ELEMENT OF SUCCESS IS A VIRTUALLY CARBON FREE POWER SECTOR. • HOW WILL THIS AFFECT ENERGY UTILITIES? • WHAT NEEDS TO CHANGE FOR A DECARBONISED POWER SECTOR TO THRIVE? 2 UTILITY 2050 - REGULATION, INVESTMENT AND INNOVATION IN A RAPID ENERGY TRANSITION THE UTILITY 2050 PROJECT WAS A PARTNERSHIP OF ENERGY INDUSTRY PROFESSIONALS, FINANCIERS AND ACADEMICS WITH A SHARED OBJECTIVE TO EXPLORE WHAT NET ZERO COULD MEAN FOR THE ENERGY SECTOR. We found that there are growing The energy sector has an ‘innovation dilemma’: pressures in the retail and wholesale It is challenging to plan for and regulate the DECISIONS WITHIN THIS DILEMMA FALL INTO THREE BROAD markets caused by the net-zero energy market even 2-5 years ahead. Equally, CATEGORIES: energy transition. there is a pressing need to make decisions, in the face of deep uncertainties, which are (1) Enabling innovation whilst protecting These need a deeper rethink of the business commensurate with hitting the 2050 consumers in the retail market; models that make up the energy market and net-zero target. the regulation which supports them. (2) Evolving the business model for large generators; and (3) Balancing the contributions of retail Please cite this report as: Author affliations, titles and links and wholesale innovation. Hall, S., Cole, D., Workman, M., Hardy, J., Mazur, C., Anable, J., (2021) Utility 2050 – Regulation, investment and innovation in a rapid energy transition, Atkins, London Available at: . -
Advanced Higher Business Management Specimen
National Qualications SPECIMEN ONLY AHS810/77/11 Business Management Case Study Date — Not applicable Duration — 2 hours 45 minutes It is recommended that you spend 15 minutes reading the information provided before responding to the questions. You will find the questions in the question paper S810/77/21. © *S8107711* SSE plc Background SSE plc (formerly Scottish and Southern Energy plc) is a Scottish energy company headquartered in Perth, Scotland. Since 2013, Alistair Phillips-Davies has been the company’s Chief Executive who is responsible for strategic planning and the overall direction of SSE plc. SSE plc is involved primarily in producing, distributing and supplying electricity and gas to households located in the United Kingdom (UK) and Ireland. Its subsidiaries are organised into the main business areas of: generation, transmission, distribution and supply of electricity; storage and supply of gas; electrical and utility contracting; and domestic appliance retailing and telecoms. It is considered as one of the ‘Big 6’ companies which dominate the UK’s energy market, together with British Gas, EDF Energy, E.ON, Npower and Scottish Power. The energy sector is undergoing significant change, and this case study is limited to events prior to 31 March 2018. (Exhibit 1 gives an overview of the background and role of SSE plc’s Chief Executive.) Corporate affairs Living wage In 2016 the UK government implemented the National Living Wage. Before then, in 2013, SSE plc was officially accredited with being the largest voluntary living wage employer in the UK. Fair Tax Mark In 2014, SSE plc became the first FTSE 100 company to be awarded the Fair Tax Mark. -
Greenwashing Vs. Renewable Energy Generation
Greenwashing Vs. Renewable energy generation: which energy companies are making a real difference? Tackling the climate crisis requires that we reduce the UK’s carbon footprint. As individuals an important way we can do this is to reduce our energy use. This reduces our carbon footprints. We can also make sure: • All the electricity we use is generated renewably in the UK. • The energy company we give our money to only deals in renewable electricity. • That the company we are with actively supports the development of new additional renewable generation in the UK. 37% of UK electricity now comes from renewable energy, with onshore and offshore wind generation rising by 7% and 20% respectively since 2018. However, we don’t just need to decarbonise 100% of our electricity. If we use electricity for heating and transport, we will need to generate much more electricity – and the less we use, the less we will need to generate. REGOs/GoOs – used to greenwash. This is how it works: • If an energy generator (say a wind or solar farm) generates one megawatt hour of electricity they get a REGO (Renewable Energy Guarantee of Origin). • REGOs are mostly sold separately to the actual energy generated and are extremely cheap – about £1.50 for a typical household’s annual energy use. • This means an energy company can buy a megawatt of non-renewable energy, buy a REGO for one megawatt of renewable energy (which was actually bought by some other company), and then claim their supply is renewable even though they have not supported renewable generation in any way.