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DECC Annual Report 2014-15

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DECC Annual Report 2014-15 Annual Report and Accounts 2014-15 Annual Report and Accounts 2014-15 Department of Energy & Climate Change Annual Report and Accounts 2014-15 Accounts presented to House of Commons pursuant to section 6(4) of the Government Resources & Accounts Act 2000 Annual Report presented to the House of Commons by Command of Her Majesty Annual Report and Accounts presented to the House of Lords by Command of Her Majesty Ordered by the House of Commons to be printed on 20 July 2015 HC 36 © Crown copyright 2015 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 or write to the Information Policy Team, The National Archives, Kew, London TW9 4DU, or email: [email protected]. Where we have identified any third party copyright information you will need to obtain permission from the copyright holders concerned. This publication is available at www.gov.uk/government/publications Any enquiries regarding this publication should be sent to us at 3 Whitehall Place, London, SW1A 2AW Tel: 0300 060 4000 email: [email protected] Print ISBN 9781474117494 Web ISBN 9781474117500 ID P002720832 06/15 Printed on paper containing 75% recycled fibre content minimum Printed in the UK by the Williams Lea Group on behalf of the Controller of Her Majesty’s Stationery Office OUR MAIN ACHIEVEMENTS AT A GLANCE 05 SECRETARY OF STATE FOREWORD 07 REPORT OF THE PERMANENT SECRETARY 09 STRATEGIC REPORT 11 ABOUT US 13 Who are we? 13 What are we aiming to achieve? 13 How are we organised? 14 Where we spent our money in 2014-15 16 OUR PERFORMANCE 18 Significant achievements 18 Principal risks 25 Looking ahead 31 OUR PEOPLE 32 CONTENTS GOVERNANCE 37 Report of the Lead Non-Executive Director 40 Departmental Board and Leadership Team 41 Governance Report 45 Remuneration Report 55 RESOURCE ACCOUNTS 71 Directors’ Report 73 Statement of Accounting Officer’s Responsibilities 83 The Certificate and Report of the Comptroller and Auditor General 85 Financial Statements 88 TRUST STATEMENT 223 ANNEXES 255 Annex A: Our Delivery Partners 256 Annex B: Our Major Projects and Programmes 262 Annex C: Structural Reform Plan 263 Annex D: Regulation, Parliament and the Public 265 Annex E: Sustainability Report 267 Annual Report and Accounts 2014-15 4 Our main achievements at a glance OUR MAIN ACHIEVEMENTS AT A GLANCE Since the launch of the domestic The UK took a The Infrastructure Act Renewable Heat leading role in the 2015 simplified programme over EU’s ambitious access to 33,000 underground agreement to reduce installations land, helping accredited, helping emissions us unlock to decarbonise by at household heat exploration least for shale gas 40% and deep by 2030 geothermal energy The time it takes to switch Oil and Gas Authority energy suppliers We ran GB’s first set up as an executive was halved capacity market agency in response to and more than auction - Wood Review to £38 million securing was saved ensure we make by 130,000 future the most of the households energy UK’s oil switching supply for and gas energy supplier in 2018-19 at the lowest just one month of the resources ‘Power to Switch’ campaign cost for consumers Over 1 million homes More than We became the were improved by the 1.4 million first accredited installation of energy of the poorest efficiency measures Living Wage pensioners between January Employer in 2013 and received November £140 Whitehall 2014 off their bills 5 Annual Report and Accounts 2014-15 6 Secretary of State Foreword SECRETARY OF STATE FOREWORD The objectives of the Department in December, with a lower clearing Securing an ambitious for Energy & Climate Change are to price than expected, saving money global deal to reduce keep the lights on and bring carbon for consumers. emissions must be a priority if we are to provide a stable emissions down, whilst ensuring and secure environment for energy bills remain affordable. In the supply markets, great continued investment in Balancing the complex demands of strides have been made in driving the low carbon economy these objectives can be difficult, but competition to help keep bills as we have made excellent progress low as possible, but more can be over the last year, with the transition done. The Competition and Markets to a secure, low carbon economy Authority report later in the year will picking up pace. provide the evidence we need to make the markets fairer. The UK’s greenhouse gas emissions continue to fall. Provisional figures I am confident that the determination for 2014 show UK net carbon and commitment shown by the dioxide emissions down almost Department over the last year will 10% on 2013 with the largest continue. Securing an ambitious decrease in the energy supply global deal to reduce emissions sector with renewables now must be a priority if we are to providing almost a fifth of the UK’s provide a stable and secure electricity. Energy consumption environment for continued fell by 7%, thanks in part to the investment in the low carbon Department’s energy efficiency drive. economy. As Secretary of State, In helping to keep bills down, the I am proud of the progress we have financial support consumers provide made, and ambitious for the future. to low carbon energy and energy efficiency will need to be as cost- Amber Rudd effective as possible. Secretary of State for Energy & Climate Change and Chair of the Britain remains one of the most Departmental Board energy secure countries in the world. The Energy Bill set out in the Queen’s Speech will help us maximise the recovery of oil and gas from the North Sea as we press on with implementing the Wood Review. Electricity margins remain tight, but the new balancing measures put in place by National Grid last year will help see us through the years ahead. The first Capacity Market auctions took place 7 Annual Report and Accounts 2014-15 8 Report of the Permanent Secretary REPORT OF THE PERMANENT SECRETARY The past year has seen the This is a broad and challenging Department continue to deliver agenda, and the Department strongly on the Government’s continues to adapt to support priorities of supporting investment the delivery of its policies and in the UK’s energy infrastructure, programmes. The creation of helping consumers and keeping the collaborative DECC-FCO energy bills down, and promoting International Energy Unit, which international action on energy has already proved its worth in a security and climate change. turbulent period for oil prices, is an excellent example. We have laid the This report underlines the important groundwork for the establishment milestones the Department has of important new Arms-Length achieved this year. We have delivered Bodies such as the Oil and Gas Electricity Market Reform programmes Authority and the Low Carbon which will leverage billions of pounds Contracts Company. Internally, we of private sector investment to ensure launched a change programme security of supply and support the to drive improvements towards development of renewable electricity achieving departmental ambitions generation. We have continued of delivering as One DECC, and to explore innovative ways to help showing the strongest leadership households reduce their energy and professionalism. Our people consumption and switch between engagement survey scores remain energy suppliers, and this year our high and we continue to work programmes have surpassed their towards making the Department a target of supporting energy efficiency great place to work – this year we improvements in 1 million homes. became the first accredited Living On the global stage, the Department Wage employer in Whitehall. We played a key leadership role in have also welcomed a new Director securing an EU commitment to reduce General, Jeremy Pocklington, and greenhouse gas emissions by at least two new Non-Executive Directors, 40% by 2030, as well as a positive Rachel Campbell and Charles outcome at the UN negotiations Randell to our Departmental Board. in Lima. We have also announced simplified management arrangements We are pleased to welcome this at the Sellafield nuclear site, which annual report as a record of our will bring greater clarity and focus achievements, and look forward to on achieving progress and value for continuing to improve our capability money for the taxpayer. and capacity in order to deliver the challenges of the year ahead. Stephen Lovegrove Principal Accounting Officer and Permanent Secretary 9 STRATEGIC REPORT ABOUT US WHO ARE WE? WHAT ARE WE AIMING TO ACHIEVE? HOW ARE WE ORGANISED? WHERE WE SPENT OUR MONEY IN 2014-15 OUR PERFORMANCE SIGNIFICANT ACHIEVEMENTS Save energy with the Green Deal and support vulnerable consumers Deliver secure energy on the way to a low carbon energy future Drive ambitious action on climate change at home and abroad Manage our energy legacy responsibly and cost-effectively Deliver the capability that the Department needs to achieve its goals PRINCIPAL RISKS LOOKING AHEAD OUR PEOPLE People Survey Building Capability Diversity Health and Safety STRUCTURE Strategic report ABOUT US WHAT ARE WE AIMING TO ACHIEVE? WHO ARE WE? The Department’s programme in The Department of Energy & Climate 2014-15 reflected the priorities for Change (the Department) sets energy and climate change agreed UK energy policy goals and the by the government at the time. framework for achieving them. We These are set out in Figure 1 below. seek to promote economic growth by delivering affordable, sustainable and Progress against these priorities secure energy to the UK, while driving was published monthly as part of ambitious action on climate change at the Structural Reform Plan (SRP) home and internationally.
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