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SGN has revealed plans to form a 50:50 joint venture with Vital Energi to build and operate low and zero-carbon heat networks around the UK. The networks will supply new and existing residential, commercial and industrial sites, including redundant sites owned by SGN and developments planned by its property arm, SGN place.
3 years ago
Making the switch to low-carbon heating attractive and accessible to consumers will be a crucial part of achieving net zero. As part of our Countdown to COP series, Utility Week speaks to Eon boss Michael Lewis, who explains that a combination of the right financial incentives and consumer education will be key to the transition.
4 years ago
A new report exploring what net zero could mean for the energy sector has identified five core business models to harness £21 billion it believes is set to be unlocked annually by 2050. The Utility 2050 project, a partnership of energy professionals, financiers and academics, concludes there needs to be a “deeper rethink” of the business models that make up the energy market and the regulation which supports them.
Centrica’s aim to reduce its emissions to net zero by 2045 show the “tide is turning” for energy businesses, an industry observer has said. Alongside the company's latest financial update were plans for the business to achieve net zero emissions five years ahead of the UK’s national target.
Fuel Poverty Action is urging the government to bring forward planned consumer protections for the customers of heat networks this winter. In a letter to energy minister Kwasi Kwarteng the charity urges the government to bring forward arrangements for compensation when district heating breaks down and to upgrade networks which repeatedly fail, on an emergency basis.
The procrastination around tackling high-carbon home heat must end if we are serious about reaching net zero, says Juliet Davenport, founder of Good Energy. Writing for Utility Week, she gives some suggestions for kickstarting the process and says the government should seriously consider funding low-carbon heating through gas bills.
