With the launch by the Department for Business, Energy and Industrial Strategy (BEIS) of the pilot phase of the Heat Networks Investment Project we expect an increase in the number of heat networks to be built and the future development of a self-sustaining heat network market.
The programme will have several funding calls over the next five years, with the first pre-qualification call for the pilot funding opens today.
We are already working on a masterplan which is considering a heat network solution for the development.
The first part of a £320m fund will upgrade heating in towns and cities to supply Low Carbon and recycled heat. Dubbed ‘central heating for cities’, heat networks also have the potential to reduce heating costs, in some cases by more than 30%.