Record high gas prices have made major news headlines over the last two months, with a handful of mainstream energy companies going bust, due to them not hedging against price increases. Unsurprisingly, this has led to a chain reaction, multiplying the payback of installing individual smart metering systems in homes connected to heat networks and demonstrating a solid investment for heat network owners.
Concern over climate change is sweeping through UK local government. Approximately 282 local authorities having declared a climate emergency. This represents 68% of all UK local authorities. These declarations commit the respective authorities to achieve net zero carbon status by a variety of target dates ranging from 2030 to 2050. There is also variation in what this means – for some it is to achieve net zero carbon for the authority itself whereas others seek to achieve it for their areas. This recognition of the seriousness of the threat of climate change is welcome. However, the test of their commitment will be in delivering net zero carbon.
In an article written for Energy in Buildings and Industry Magazine, Ian Allan, Head of Market Strategy at Switch2 Energy, discusses the important role heat networks in decarbonising the UK's heat supply.
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