Regulation 25C Energy Intensity RatioF1

After carrying out the calculations referred to in regulation 25B(1)(a) or (b), the responsible undertaking must calculate at least one energy intensity ratio in relation to each organisational purpose.

Paragraph (1) does not apply in relation to an organisational purpose if the result of the calculation carried out under regulation 25B(1) in respect of the organisational purpose is zero.

In these Regulations, an “energy intensity ratio” in relation to an organisational purpose, is a ratio which expresses A in relation to B, where—

• “A” is the result of the calculation carried out under regulation 25B(1) in respect of the organisational purpose, and

• “B” is a quantifiable factor associated with assets held, or activities carried out by the participant for the organisational purpose, over the reference period.

When calculating the quantifiable factor for the purposes of paragraph (3), the responsible undertaking must base that calculation—