“While today’s Budget will continue to build the foundation for achieving Net Zero, it could have gone further and built upon a commitment to the environment and to reach the target by 2050."
“Several measures announced in today’s Budget, including the extension of the CCA (Climate Change Agreement) Scheme and plans to invest in more domestic sources of energy, will support the transition towards more renewable and secure energy sources by 2050."
Energy Price Guarantee Extension
"The extension of the Energy Price Guarantee also provides much-needed help for families struggling with the ongoing cost-of-living crisis. However more long-term viable solutions for reaching Net Zero would have been welcomed in today’s statement."
“One measure that could lower energy prices further would be to decouple electricity from gas. While the price of electricity is pegged to the cost of gas, dependent upon its demand and supply, or potential for weaponization as with the war in Ukraine, it will remain at risk of continued price hikes."
heat pumps
We would have liked to see a commitment to roll over unspent money from the Boiler Upgrade Scheme for families"
“As many businesses plan to remove gas from their buildings over the next few years, and heat pumps are recognized as the future of both commercial and home heating in Britain, it is also vital the government supports wider adoption of the technology."
"To encourage this, we would have liked to have seen a commitment to roll over unspent money from the Boiler Upgrade Scheme for families to insulate their homes and install the technology."
Training incentivization
“As part of this, the government must also incentivize the training of more installers to fit heat pumps. Without this, the current target of installing 600,000 heat pumps per year by 2028 is in jeopardy."
“While today’s statement indicated promising signs of a transition towards renewable alternatives, encouraging greater investment in heat pumps, alongside more installer training, will help driver wider adoption of the technology as we look towards net zero," said Russell Dean, Mitsubishi Electric Residential Product Group Director.
