In this week’s blog, we look at Minister Bruton’s Monday announcement that the DCCAE “will ring-fence one-third of the carbon fund for housing upgrades… Bringing total investment in retrofitting to almost €6 billion”. This announcement comes at an appropriate time given that large-scale retrofitting is called for in the Climate Action Plan in order to help increase energy efficiency.
Related thinking
Heat networks
Heat and buildings strategy: Key points
On 19 October, the government released the Heat and Buildings strategy outlining how the government will tackle the decarbonisation of the built environment to help meet the UK net zero ambition. Our experts have taken a quick look at the strategy and highlighted the key points. Heating The strategy makes...
Low carbon generation
Let markets run or regulate to accelerate: a false choice or key net zero decision?
Earlier this week Cornwall Insight convened a group of industry leaders from across the energy and investment space to discuss business preparedness for net zero, and what more can be done to unlock capital to make net zero a reality. The session, hosted by our non-executive chairman Volker Beckers, is...
Commercial and market outlook
The PM’s 10-point plan
Late yesterday evening, Prime Minister Boris Johnson set out his much-trailed 10-point plan for a green industrial revolution. In the plan, he announced a series of new funding and ambition announcements covering transport, hydrogen, energy efficiency, carbon capture, offshore wind, nuclear and green finance. Transport For transport, the PM announced long-term...
Commercial and market outlook
Editor’s Pick | Regen assesses decarbonised heat market stimuli and pathways
Regen, in association with Wales and West Utilities, has published a research paper exploring the challenge of decarbonising heat in the UK. The Decarbonisation of Heat paper was published on 9 March. Problem In comparison to other European markets, the UK is still highly dependent on natural gas to provide heat...
Net zero corporates and ESG
Editor’s Pick Ireland | Clean Energy Package: what does it really mean?
The Capacity Market Code removes or restricts payments to fossil fuel generators and allows cross border participation in Capacity markets, arising from the Clean Energy Package (CEP). We look at some of the other potential changes in the way EirGrid and SONI operate our energy system arising from the implementation of the...
Commercial and market outlook
Editor’s Pick Ireland | Government’s €6 hike in carbon tax sees a mixed response
This article was originally published on 12 November 2019 in Energy Spectrum Ireland. Minister for Communications, Climate Action and Environment Richard Bruton and Minister of State Sean Canney have unveiled the details of Budget 2020. Issued on 8 October, the budget highlights the government’s decision to raise the price of carbon to...
Home supply and services
Editor Pick’s | Fuel Poverty Monitor reveals systemic challenges in Northern Ireland
This article was originally published on 8 October 2019 in Energy Spectrum Ireland. On 17 September, EAS and National Energy Action (NEA) published The Fuel Poverty Monitor 2018/19. It highlighted that stakeholders in Northern Ireland have shown an interest in energy efficiency and affordability, however, several barriers to entry remain. Affecting...
Commercial and market outlook
Deep retrofit: Spinning right round
On 19 August Minister for Communications, Climate Action and Environment Richard Burton announced a reversal of previous plans to terminate the Deep Retrofit scheme. Plans to rejuvenate this scheme are expected to cost an additional €8mn to cover 302 households, which applied to have deep retrofit work carried out while...
