Wednesday 7 February 2024

Industry urges government to keep Clean Heat Mechanism

Industry urges government to keep Clean Heat Mechanism

A coalition of industry leaders, including energy companies, manufacturers, and financial groups, has penned a letter to Energy Secretary Claire Coutinho urging the UK Government to retain the Clean Heat Market Mechanism.

This move comes amid speculations of the policy's termination following lobbying efforts and alleged "price gouging" by boiler manufacturers.

The letter underscores the mechanism's efficacy in incentivising the adoption of clean heat technologies and its pivotal role in achieving the UK's target of 600,000 heat pump installations per year by 2028.

Signatories, including Daiken, OVO Energy, and Good Energy, emphasise the policy's importance as a cornerstone of the UK's transition to clean heat.

Energy Live News has contacted the Department for Energy Security and Net Zero for comment.

Written by

Sumit Bose

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