“The UK Government needs to utilise the tools at their disposal to increase investment in green homes and incentivise decarbonisation,” said Sarah Hunter, non-executive director of public policy at the Advanced Research and Invention Agency (ARIA).
Rising heat pump demand could see the UK Government’s flagship Boiler Upgrade Scheme (BUS) run out of vouchers as early as 2024 – months before it’s original end date in March 2025.
According to the latest data from the Microgeneration Certifications Scheme (MCS) there were over 60,000 small-scale renewable installations in Q1 this year – the highest performing quarter since Q4 2015.
Clean heat technology start-up Futraheat has closed a £1.5 million seed round to accelerate product development and commercialisation of its high temperature heat pump technology.
Samsung Research UK has been awarded £3.35 million funding towards its Clean Heat Streets project which aims to install 150 heat pumps in Rose Hill, Oxford, creating a ‘Heat Pump Ready’ neighbourhood.
Octopus Energy has partnered with distribution network operator, UK Power Networks (UKPN), to allow customers having heat pumps installed in their homes to receive fuse upgrades performed at the same time.
British Gas, has announced that it will guarantee the lowest quote for heat pump installations, matching any price offered by another company for a MCS credited installation.