18-Oct-18

£320m low carbon heating network opens as government plots increased uptake

 

by Ryan Tute from Infrastructure Intelligence

A £320m project is offering grants and loans to public and private sector organisations in England and Wales for new heat networks in the hope of solving the challenge of decarbonising heat.

Heat Networks have been proven around the world as a reliable, cost-effective and low carbon means of providing heat, yet in the UK just 2% of buildings are heated in this way. Launched by the Department for Business, Energy & Industrial Strategy (BEIS), It’s hoped the scheme will improve the uptake.

Triple Point Heat Networks Investment Management is led by Triple Point Investment Management LLP will be working alongside BEIS to deliver affordable and dependable low-carbon heat across the country. 

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