A new £320m fund to increase investment in heat network schemes across the UK has been announced by the Government.
As reported by MRW on 14 October, the initiative was flagged by Baroness Neville-Rolfe, minister at the new Department for Business, Energy and Industrial Strategy (Beis) at a meeting of the International Energy Agency in Paris.
Neville-Rolfe said the department considered heat networks to be an efficient way of delivering heat, using a range of low-carbon sources, and wanted to promote their greater use.
Announcing the fund formally, Baroness Neville-Rolfe said: “The scheme will help us to develop viable reforms to make the most of the heat we produce, and use it effectively to bring bills down for people across the country.”
The £320m scheme will run over five years and further instalments of funding will be released in due course.
This initial part of the funding, worth up to £39m, will be open to local authorities and public sector bodies; applications for their projects have to be submitted by the end of November.