S&P Global
Summary
Consistent policy and a focus on building supply chains are vital if the UK is to hit ambitious district heat targets, Vattenfall Heat UK Managing Director Jenny Curtis said Oct. 10.
District heating is common in continental Europe, meeting 50% of heat demand in Vattenfall's home market of Sweden, but has never thrived in the UK, where market share is just 2%.
While district heat providers are looking to bring their experience to UK cities and take advantage of an estimated GBP60 billion-80 billion investment opportunity to 2050, UK Prime Minister Rishi Sunak's latest climate policy statements have raised understandable doubts.
"The decision to delay the phase out of gas boilers doesn't do anybody any favors, although the media coverage has at least raised the issue," Curtis told S&P Global Commodity Insights.
Some 85% of UK homes are heated by gas via 26 million boilers producing 92 million mt of CO2 a year -- 14% of UK emissions.
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