According to a new paper released by the UK Government, the Non-Domestic Renewable Heat Incentive (RHI) reforms in 2017-18 were successful in stimulating the adoption of renewable heat technologies.
Octopus Energy’s generation arm has partnered with Legal & General Capital to invest £70 million in UK ground source heat pump manufacturer, The Kensa Group.
The UK is 20% more dependent on gas imports than the rest of Europe due to the low number of heat pumps, according to the Energy & Climate Intelligence Unit (ECIU).
A new strategic partnership between Lloyds Banking Group, Octopus Energy and Halifax is aiming to introduce air-source heat pumps for Halifax customers and boost the rollout of zero-carbon heating.
Two EDF Energy-led projects have been awarded grant funding from the Department for Business, Energy and Industrial Strategy (BEIS) under its £60 million Heat Pump Ready Programme.