FUNDING GREAT

The Government has made a series of announcements outlining its plans to achieving net zero carbon emissions by 2050 and setting out steps to strengthen the UK’s long-term energy security and independence.

The announcements include pledges of continued support for heat networks and energy efficiency deployment, two of the ADE’s workstreams.

Energy Efficiency

The ADE’s Director of Policy and Research, Caroline Bragg, said: “The Great British Insulation Scheme marks an important step forward, but to be truly great, the ADE would have liked to have seen new money committed - the £1 billion it includes has already been pledged.

“Despite this, the scheme will play a critical role in driving much-needed energy efficiency investment up until March 2026, and is a long overdue step towards reducing bills, delivering net zero and boosting energy security. It will support around 300,000 of the UK’s least energy-efficient homes, saving each household as much as £400 each year.”

He concludes: “The Government’s commitment to improving owneroccupied homes, privately rented homes and through lenders, as well as reducing demand from large businesses and greening industrial processes through the Industrial Energy Transformation Fund (IETF), demonstrates progress.

“Much more action on energy efficiency is urgently needed. While the announcements mark a clear step in the right direction, keeping the UK’s homes warm, safe and comfortable will require bolder actions and more dedicated funding.”