EXEED Peogram from the SEAI

We wrote earlier in our newsletter about how the upcoming adoption of the EU Energy Efficiency Directive (2012/27/EU) will have a significant effect on large companies. This directive obliges companies with annual turnover of more than 50 million or more than 250 employees to undertake an energy audit by the 5th December 2015 or face penalties. The Irish Department of Communications, Energy and Natural Resources held a stakeholders workshop in January 2015 to work through some of the issues but so far there has been no information supplied on the audit requirements. Our latest information is that these requirements may be published in April.

This is a little frustrating as time available between now and Dec 15th for completing these audits is being lost. Penalties for missing the deadline have also not been disclosed but in the UK the equivalent penalties are £ 50,000 and £ 500 per day thereafter so they are significant.