ao link
Twitter
Facebook
Linked In
Twitter
Facebook
Linked In

Government launches £288m heat network fund

Bidding has opened for a £288m government fund aimed at heat networks utilising low-carbon technologies. 

Linked InTwitterFacebookeCard
Picture: Getty
Picture: Getty
Sharelines

Bidding has opened for a £288m government fund aimed at heat networks utilising low-carbon technologies #UKhousing

Public, private and third-sector applicants in England can bid for a share of the Green Heat Network Fund, which the government said is expected to reduce carbon emissions equivalent to taking 5.6 million cars off the road for a year.

Heat networks are a key part of the government’s plan to transition towards net zero by 2025 and are set to become a major source of heating in towns and cities. 

Unlike gas boilers where heat is generated in individual homes, heat networks see heat generated at a single central source and then distributed to multiple buildings via pipes. 


READ MORE

Government has ‘no plan’ on how net zero will be funded, MPs sayGovernment has ‘no plan’ on how net zero will be funded, MPs say
Housing association strikes £17m deal for entirely gas-free developmentHousing association strikes £17m deal for entirely gas-free development
Retraining staff for the post-gas futureRetraining staff for the post-gas future

There are currently more than 14,000 heat networks in the UK, however the majority of them are still powered by gas. 

The Green Heat Network Fund will support the uptake of low-carbon technologies like heat pumps, solar and geothermal energy as a central heating source.

Applications for grants can be made from 14 March and funding will be made available over the next three years. 

Energy minister Lord Callanan said: “Heating in buildings forms a significant part of the UK’s carbon footprint, so changing how we warm our homes and workspaces is vital to meeting our world-leading climate change commitments.

“Heat networks are an effective way of reducing carbon emissions and this fund will enable us to accelerate the roll-out of these cutting-edge and green technologies.”

The Green Heat Network Fund is the successor scheme to the government’s Heat Networks Investment Project, which provided over £250m of funding for more than 20 schemes across England and Wales. 

Sign up for our asset management newsletter

Sign up for our asset management newsletter
Linked InTwitterFacebookeCard
Add New Comment
You must be logged in to comment.
By continuing to browse this site you are agreeing to the use of cookies. Browsing is anonymised until you sign up. Click for more info.
Cookie Settings