259994 Phoenix Energy Responsible Business Report 2025.pdf

Responsible Business Report 2025

Influencing Net-Zero Policy Development

Throughout 2024, Phoenix has led the way in informing local policymakers and stakeholders about the economic, decarbonisation and sustainability opportunities associated with supporting the production of renewable gases and facilitating the continued switch of homes and businesses from oil to gas.

Responding to the Biomethane Call for Evidence In August, Phoenix responded to the Department for the Economy Call for Evidence on Developing Biomethane Production in Northern Ireland. Our response focused on the need to introduce a Biomethane Pathfinder Scheme to bridge the gap to the introduction of a bespoke NI biomethane support scheme and maintain momentum/encourage innovation in the sector. Launch of the Biomethane Pathfinder Concept In October, Phoenix joined with firmus energy networks, Evolve, Action Renewables and KPMG to launch a paper outlining the positive economic, sustainability and decarbonisation benefits that could be realised by urgently progressing a Biomethane Pathfinder in Northern Ireland. Launch of Enabling a Greener Energy Future In October, Phoenix joined with firmus energy networks, Evolve, GNI(UK) and Mutual Energy to launch a new paper which called on the NI Executive to progress three key steps to capitalise on biomethane’s enormous potential in NI. The launch was attended by over 50 key stakeholders including the DAERA minister and over 15 MLAs. Responding to Low Carbon Heat Consultation In December, Phoenix responded to the Department for the Economy Consultation on Support for Low Carbon Heating in Residential Buildings. Our response focused on the need to target limited financial resources towards value for money decarbonisation options like hybrid heating systems.

Our 2030 Commitments 1 Research & Development

Continue to invest in research and demonstration projects to inform the lowest cost transition of NI’s gas networks

2 Advance No Regret Outcomes

Alongside growing the gas customer base, become a leader in the championing and facilitation of energy efficiency improvements

3 Acceleration of Biomethane Injection Volumes

Support the development of a sustainable biomethane industry that provides competitive renewable energy solutions to NI Energy users

4 Network ready for a Hydrogen Economy

Facilitate the growth of an indigenous hydrogen economy in NI that can support the decarbonisation of multiple sectors

5 Develop integrated energy system solutions

Advance our pathway in conjunction with other energy system stakeholders to achieve the most optimal decarbonisation pathway for NI consumers

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