Heat Networks Investment warms up

Print this page Email a link to this page

The government have announced the full scale launch of the Heat Networks Investment Project (HNIP), a key initiative aimed at boosting energy efficiency in buildings as part of the government’s ‘Clean Growth Strategy’.

By investing in heat networks linking buildings, the government intends to lower both energy costs and carbon emissions through more efficient use of energy. The scheme will be open to consumers and non-domestic energy users, for example schools, hospitals and local authority buildings. £320m has been allocated to the scheme which will offer grants and loans to the public and private sectors in England and Wales, for networks serving 2 or more buildings. The application process opens this Autumn and the first funding decisions will be made in 2019.

Energy minister Claire Perry said: “The UK has led in the decarbonisation of electricity, and today’s announcement shows we are just as committed to tackling heat. Today’s announcement creates a route to market for innovative energy projects across the country and demonstrates a key objective of the Clean Growth Strategy; to help deliver technologies that can lower bills, cut carbon and improve the quality of life for communities across the country.”

To find out how our energy law specialists can help your business, please contact Andrew Davison on 0191 211 7950 or to read more click here.