Heating and Ventilating

 

Clean Growth at risk says Remeha

As part of the Autumn Budget, the Chancellor announced that there will be no new levies for low carbon technologies, leaving the future of decarbonisation hanging. This, Remeha says, will jeopardise the UK’s ability to grow its economy within set carbon emission targets. 

Mike Hefford, general manager of Remeha CHP.

Mike Hefford, Remeha CHP’s general manager, stated: “Following the publication of the Government’s Clean Growth Strategy earlier this year, it’s disappointing to see that the Chancellor has postponed any new levies which support low-carbon technologies until 2025. This could put funding which incentivises organisations to invest in low carbon energy generation, such as combined heat and power (CHP), into doubt.

“The Government has already recognised the role affordable and sustainable energy plays in achieving the ambitions outlined in its Clean Growth Strategy and Industrial Strategy white paper. Therefore, securing financial support for schemes that encourage the adoption of cleaner, more efficient ways of generating power is crucial. CHP can generate significant long-term financial savings, but without these incentives, many organisations would be discouraged from investing in the necessary plant and assets. 

“These organisations include those with high and continuous year-round heating loads, such as hospitals, care homes and large hotels. They are best placed to reap the benefits that CHP can deliver – higher energy efficiency and lower electricity costs.

“If the UK is to meet its decarbonisation commitments, incentives for organisations to invest in low carbon technologies cannot be left up in the air. Economic growth could be stifled too, due to businesses losing out on affordable energy that would help them maintain a competitive lead in the global market.'

15 December 2017

Comments

Already Registered?
Login
Not Yet Registered?
Register

The HVR Awards are heating up: will you be in the running?

With the entry stage of the competition now in full swing, the contest is set to be fiercer than ever and it’s not too late to put your business in the running....

  29-May-2019

Pendred team joins Humidity Solutions

Humidity Solutions has welcomed three new team members, all of whom previously worked for humidification and water systems specialist Norman Pendred & Co....

  18-Apr-2019

Building Dryers and Desiccant Dehumidifiers IN STOCK NOW

It's still raining. Building Dryers and Desiccant Dehumidifiers IN STOCK NOW for immediate delivery to protect against water damage.
  13-Jun-2019
Heating & Ventilating Review is the number one magazine in the HVAR industry. Don’t miss out, subscribe today!
Subcribe to HVR

Diary

http://www.heatingandventilating.net/clean-growth-at-risk-says-remeha