Industry will provide the resource for this to be completed providing a suitable and achievable long term political situation is achieved and made known. With the challenges that arose from previous energy related initiatives a wider view should be taken to bring retrofit sectors into this arena, thus providing greater opportunity to engage with businesses. If the industry can determine that this is a opportunity’ with benefit for the schemes ‘good and businesses then it will get the support and input required to make investment feasible. Risk Management List three key risks and/or issues that may affect the delivery of this workstream; the risk level and any mitigating actions to counter such risks or/and issues or issues Impact Risk/ Mitigation / Actions issue level L, M, H Inadequate procedures for no change in the market representation on key interaction with conditions facilitating other groups Exacerbated by increasing investment decision makers not listening to advice offered Dependency on enabling non-delivery or consensus involvement of BEIS legislation and mechanism model development which officials for Government does not match the engagement compounded intended outcome. by wide engagement Too many vested interests incomplete solutions being development of of current market actors developed to suit a appropriate solutions view which are not necessarily “consensus” size fits all” and are “one the right decisions, not the most palatable ones to the market. Activities in the last until next Implementation Board meeting (12/09/17) including envisaged time of completion: Activities over the next three months till 07/12/17 including envisaged time of completion:
Industry will provide the resource for this to be completed providing a suitable and achievable long term political situation is achieved and made known. With the challenges that arose from previous energy related initiatives a wider view should be taken to bring retrofit sectors into this arena, thus providing greater opportunity to engage with businesses. If the industry can determine that this is a ‘good opportunity’ with benefit for the schemes and businesses then it will get the support and input required to make investment feasible. Risk Management List three key risks and/or issues that may affect the delivery of this workstream; the risk level and any mitigating actions to counter such risks or/and issues or issues Impact Risk/ issue level L, M, H Mitigation / Actions Inadequate procedures for interaction with Exacerbated by decision makers not listening to advice offered no change in the market conditions facilitating increasing investment representation on key other groups Dependency on enabling legislation and mechanism for Government engagement compounded by wide engagement non-delivery or consensus model development which does not match the intended outcome. involvement of BEIS officials Too many vested interests of current market actors incomplete solutions being developed to suit a “consensus” view development of appropriate solutions which are not necessarily “one size fits all” and are the right decisions, not the most palatable ones to the market. Activities in the last until next Implementation Board meeting (12/09/17) including envisaged time of completion: Activities over the next three months till 07/12/17 including envisaged time of completion:
Implementation-Plan-Finance-250717.docx